Conditions for Klarna installment purchase

Installment purchase with Klarna from €6.95/month!

The flexible way to shop online. With installment purchase, you decide each month how much you want to pay. You always get your goods home before you have to pay for them, and all your purchases are consolidated into just one monthly invoice. Of course, this applies to all online shops where you shop with installment purchase. Please note that the minimum monthly payment for all purchases together, but also for a single purchase, is always 1/24 of the total amount, but always at least €6.95.

You always receive the goods before you have paid

Pay at least €6.95 /month or 1/24 of the total

You don't have to provide a credit card number or bank details

All your purchases are collected on one monthly bill

Shop now - pay at the end of next month

Monthly installment purchase fee of €0.45, regardless of the number of purchases you make

You can also pay the total amount at any time and thus end the installment purchase

For a purchase of €500 under the basic installment purchase conditions, the setup fee is €0.00. The applicable interest rate is 11.95%, which corresponds to an effective annual interest rate of 14.79% with a monthly installment purchase fee of €0.45. The total amount is €538.35. For 12 partial payments, each partial amount is €44.86. This example assumes that the payment is made within one year. The effective annual interest rate can be either lower or higher and depends on the amount of the loan granted to you by Klarna. The monthly payment is due upon receipt of the monthly invoice.

If your purchase exceeds an amount of €199.99 for the first time, a valid agreement for an installment purchase is only available once you have signed an installment purchase agreement. The installment purchase contract will be sent to you by Klarna. You can sign the contract and convert your purchase into an installment purchase or pay the entire purchase price by the specified due date. The due date for this payment is 14 days from the dispatch of the goods, tickets or, in the case of other services, the time of availability of the services or digital content. If you are in default of payment, Klarna can demand compensation for the damage caused in the amount of €1.20 for each reminder. You are entitled to prove that Klarna suffered no or only minor damage.

Klarna checks and evaluates your data and, if there is a legitimate interest and reason, exchanges data with other companies and credit reporting agencies. If a customer's creditworthiness is not guaranteed, Klarna can then refuse the customer the installment purchase payment method and must point out alternative payment options.

Klarna processes your personal data to comply with our obligations under this Agreement and for the additional purposes set out in our Privacy Policy. The Privacy Policy is available here and on our website and by using Klarna Services you acknowledge that you have read this Privacy Policy. For example, we process your personal data to identify you and perform customer analysis, creditworthiness, marketing and business development. We may also make your data available to selected third parties (e.g. credit reference agencies) who may also be based outside the EU/EEA. In the Privacy Policy you will find further information about sharing data, your rights in relation to your data, how to contact us if you have any questions or how to lodge a complaint with your national supervisory authority.

You can find the terms and conditions here.

Information on the installment purchase agreement in the form of the European standard information for consumer credit can be found here.

Download this information.