Founded in 2005, in recent years, Klarna has become a popular payment method among online casino enthusiasts. This service enables fast and easy online transactions and is currently available in numerous countries around the world. Even though the fintech solution was founded in Sweden, after its acquisition of SOFORT, it further expanded its reach.
Nowadays, Klarna enables residents of more than 15 countries to enjoy smooth, fast, and secure online payments. The service is also widely accepted at online casinos as it allows players to handle their gaming funds with extreme ease.
|Available in||Most of the regulated countries|
|Connecting bank card/account to Klarna||Free|
|Withdrawal balance from Klarna to your bank card/account||N/A|
|Pay to online merchants||Free|
|Available for deposit||Yes|
|Available for withdrawal||Yes|
|Usual deposit time in online casino||Instant|
|Usual withdrawal time from online casino||Instant|
|Telephone support||844-552-7621 (may differ according to country of residence)|
|E-mail firstname.lastname@example.org (may differ according to country of residence)|
While Klarna is offering its customers a range of payment solutions, casino players can make use of them when they want to deposit to their gaming accounts and cash out their winnings. Currently, only the instant banking service by Klarna will be available to online casino players. That said, it will still enable fast, secure, and hassle-free payments for numerous casino fans.
Using Klarna for Gambling Transactions
The entire payment process via Klarna is a cinch, giving players peace of mind when they handle their money via this method. Despite Klarna offering a range of services, at the moment of writing this review, casino players will be able to utilize only the instant banking service of the fintech company. You may come across virtual casinos that accept payments via SOFORT by Klarna. Do not worry, as this is the same service that is simply using an alternative name as SOFORT was acquired by Klarna a few years back.
Before you can use Klarna for your casino payments, you will need to open an account with the company. Becoming a Klarna customer takes very few steps, allowing you to join the fintech system of the brand in just a few minutes. Once you have done that, you can use Klarna for your casino deposits and sometimes for withdrawals as well.
The way Klarna conducts payments at online casinos is in the form of a mediatory service that links your casino account with your bank. However, since you will not be initiating a direct bank transfer, you will not be exposing any banking details to the virtual casino.
The instant banking service of Klarna is extremely easy to use at interactive casinos. All you need to do is head to the deposit selection of the casino, enter the amount you would like to transfer to your gaming balance, and select either Klarna or SOFORT (whichever option is visible on the casino’s deposit page) as your payment option.
To proceed with the deposit, you will be required to provide your card or bank account details, depending on whichever option you would like to use. Once you have done that, you will simply need to verify the payment and your money should be instantly available in your casino account.
Klarna can sometimes be used as a withdrawal method as well, with the payment process being very similar to the deposit one. It should be noted, however, that some virtual casinos do not accept withdrawals via the instant banking service of Klarna. This may force players to look for alternative methods for their cashouts. That said, if you see Klarna or SOFORT among the supported withdrawal methods at the online casino, select whichever of the two options is available and proceed with providing the banking details of the account you would like to withdraw your winnings to.
After you finalize your withdrawal request, the casino will have to approve the payout before you receive your money. This process may usually take up to 48 hours, with some online casinos approving withdrawal requests even faster. After the casino accepts your withdrawal, the money should appear in your bank account instantly.
|Klarna Gambling Transactions|
|Supported transactions||Deposits and withdrawals|
|Deposit pending time||Instant|
|Withdrawal pending time||Up to 48 hours|
|Additional security||SSL encryption|
Advantages and Disadvantages of Using Klarna as a Payment Method
As Klarna has become more popular, you will most likely start seeing it among the supported payment solutions at more online casinos. If you are still unsure about whether this method is the right choice for you, it may be of use to compare the advantages and disadvantages of the payment solution.
Since Klarna has expanded its presence to offer payment solutions to residents of different countries around the world, it has also become a very popular payment solution among numerous casino fans. This means that more online casinos started accepting payments via Klarna and it is extremely easy to find a gaming website where you can utilize the instant banking service of the fintech company.
After Klarna had acquired SOFORT in 2014, it further expanded the markets where it offers its payment solutions. This means that even if you see online casinos that support payments via SOFORT, you will actually conduct your payments via the payment system of Klarna.
Klarna allows casino players to use the instant banking service of the company for their deposits and withdrawals at gaming websites. This enables them to use their cards or bank accounts to make the payments without being required to expose any banking details to the casino itself. Since Klarna will act as a mediator between your gaming balance and your bank account/card, your casino payments will be extra secure.
As you will be utilizing the instant banking service of Klarna, you will be able to deposit into your casino account in just a few seconds. If the option is also supported for your casino withdrawals, you will also be able to cash out your winnings instantly. This is very convenient as not all payment solutions can offer such rapid transactions.
Even though Klarna has plenty of advantages, the service also has some lacking points that may not be something you can overcome. For starters, even though Klarna can be used for casino withdrawals, it is rarely listed by casinos as a supported cashout method. This means that most often than not, players will have to look for alternative solutions when they want to cash out their winnings.
While Klarna offers a range of payment services, currently, only its instant banking solution will be available for online casino payments. This is not a particularly huge disadvantage but it can be seen as a lacking point by those who enjoy the other services of Klarna. It is possible for some casino players to be able to use the Pay Now service of Klarna and deposit via their credit or debit card. Most commonly, however, players will only have access to the instant banking option and will be required to use their bank accounts for their casino deposits.
Klarna Pros and Cons
Fees for Klarna Gambling Transactions
If you are playing online for real money, it is always good to find a payment solution that will not incur huge fees when you deposit or withdraw money. One of the biggest advantages of using the instant banking service of Klarna at an online casino is that you will most likely not be required to pay any fee for the transaction.
If Klarna is also available for withdrawals, in most cases, you will also be able to cash out your winnings without the casino imposing any surcharges. Even though it is rare for online casinos to impose fees on Klarna payments, it is always recommended to check the fees policy of the casino before you proceed with making any payments.
While there are no fees charged on the behalf of virtual casinos, it is possible that players are charged certain fees for their transactions via Klarna. The rates of any surcharges depend on the banking institutions that players are using to handle their money.
Opening an account with Klarna is completely free, and you will not be charged any annual fees for maintaining your Klarna account. Using most of the services of Klarna is also free of charge, with customers required to pay fees only if they make use of the Monthly Financing service.
|Gambling deposit fee||Free|
|Gambling withdrawal fee||Free|
|Bank account deposit fee||N/A|
|Bank account withdrawal fee||N/A|
|Credit/debit card deposit fee||N/A|
|Credit/debit card withdrawal fee||N/A|
Processing Time with Klarna
One of the biggest advantages of using Klarna is the chance to instantly top up your gaming account and enjoy your winnings in no time. Thanks to the instant banking service of Klarna, casino players can transfer money into their gaming accounts extremely fast. Once you enter your bank account or card details while depositing via Klarna, as soon as you confirm the payment, your funds should be available in your casino balance.
While Klarna is not always available as a withdrawal option at virtual casinos, if you can use it for your cashouts, you will enjoy instant transactions. One thing to keep in mind when you initiate your casino withdrawals is that they will need to be approved by the casino before you receive your winnings. Once you select the bank account you would like to transfer your casino funds to, your request will be reviewed by the casino’s team. The pending time for your withdrawals to be approved is usually up to 48 hours.
When the virtual casino approves your withdrawal via Klarna, the money should be instantly transferred to your bank account. This is extremely convenient as there are rarely withdrawal methods that enable such fast transactions.
|Klarna Processing times|
|Gambling deposit time||Instant|
|Gambling withdrawal time||Instant|
|Bank account deposit time||N/A|
|Bank account withdrawal time||N/A|
|Credit/debit card deposit time||N/A|
|Credit/debit card withdrawal time||N/A|
As Klarna is aware that mobile payments are one of the easiest ways for people to handle their online purchases, the fintech company has launched its own mobile app. It allows Klarna users to always stay on top of their payments and make use of the company’s services no matter where they are. As mobile casinos are extremely popular among players, Klarna’s app comes in handy when one needs to fund their casino account on the go.
The mobile app is available to both Android and iOS users, giving them the option to download the application either from the official website of the service or the dedicated app stores of the two kinds of mobile devices. While the Klarna app is mainly suitable for paying for purchases online as it enables users to make use of its popular Pay in 4 service, it can also be useful for online casino players.
One of the great features of the Klarna app is that it can add another layer of protection to your payments. App users have the chance to turn on additional verification steps whenever they log into their Klarna account. Biometrics such as fingerprints or FaceID will allow you to limit access to your Klarna profile, enabling you to log into your account only after you have entered your personal PIN, scan your fingerprint, or even your face.
Even if you do not install the Klarna app on your smart device, this does not mean that you will not be able to initiate payments on the go and fund your casino account via your mobile device. If you are playing on a casino app or you have loaded the mobile version of a virtual casino, you can head to the Cashier section and choose Klarna or SOFORT as your payment option. The following steps may be familiar as they will be the same as the ones you go through when playing on your PC. Simply provide your banking details to confirm your casino deposit or withdrawal and Klarna will help you handle your gaming funds while you are on your smartphone.
|Klarna Mobile Payments|
|Apple Pay||Yes (via Klarna app)|
Security at Klarna Online Casinos
Security of payments is one of the most important things for online casinos, and Klarna is definitely showing remarkable achievements in that department. As the fintech company relies on industry-standard security technology and tools, players can be sure that their casino payments are always protected.
If you decide to use the service of Klarna for your casino payments, you will be able to initiate deposits and withdrawals without exposing any type of sensitive information to the virtual casino. That will make your transactions a lot more secure, giving you peace of mind while you are handling your casino funds.
The data you share with Klarna to make your virtual payments, including those at online casinos, is always properly protected. The company utilizes encryption technology to ensure that no unauthorized individuals will have access to your personal information or funds. The data you provide is kept safe on servers that can be accessed only by authorized Klarna employees. Otherwise, the company makes sure that no unauthorized third party will be able to abuse the personal information you have provided to make your Klarna payments.
While the Klarna app utilizes the same strict security measures and tools, it also allows its users to add another layer of protection to their payments. As already mentioned, one could choose to enable log-in via a PIN, a fingerprint scan, or the FaceID feature of some smart devices.
Klarna Casinos FAQs
What Klarna Services Can I Use at Online Casinos?
Most commonly, casino players are allowed to use the Klarna instant banking service that enables players to deposit from or withdraw to their bank accounts. Some casinos may also allow players to use the Pay Now service of Klarna, allowing them to deposit to their gaming account via a credit/debit card. This option, however, is not always available for virtual casino players.
Can I Use Klarna at Online Casinos Accepting SOFORT Payments?
Yes. In 2014, Klarna acquired SOFORT, which enabled Klarna to conduct instant banking payments. If you come across a virtual casino that has listed SOFORT as one of its supported payment options, you can actually make Klarna payments. By clicking on the SOFORT icon, you will be redirected to Klarna’s payment system and will be able to use the service for your casino payments.
How Can I Contact the Klarna Support Team?
If you need help with your payments by Klarna, you can contact the company’s customer support team. To do that, you can use the chat solution that is available both on the official website of the company, as well as, on the Klarna app. Alternatively, you can also contact the support team via email or a phone call.
Do I Need the Klarna App to Initiate Payments on Casino Apps?
No. Although the Klarna app offers easy access to all of the services of the company, you can easily initiate your casino deposits and withdrawals on the go without the app. If you are playing at a mobile casino, you can simply head to the Cashier section and choose the Klarna solution. Then, you can proceed with the standard payment steps you are used to going through while playing on desktop devices.
Do Online Casinos Restrict Bonuses for Klarna Users?
Typically, there are no promotional restrictions for players who use the service of Klarna to make their deposits. That said, it is always a good idea to check the terms and conditions of every promotion before you redeem it. Some online casinos have offers available only to users utilizing specific payment solutions that may not include Klarna.
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Find the answers of questions people asked so far:
I saw that Klarna offers its dedicated physical or virtual Klarna Card. Can I use it for my online casino payments?
Yes, you can definitely make use of the Klarna Card for your offline and online payments, including online casino deposits and withdrawals. Whether you have requested a physical card or you are simply using the virtual Klarna Card in your Klarna app, you will be able to use this payment solution on any website and land-based retailer that accepts Visa payments. That means that you can use your Klarna Card for online casino payments, as long as the casino accepts Visa cards. Alternatively, you can also add your Klarna Card to your Google Pay or Apple Pay wallet and use any of the two options for your online casino payments, provided the website supports them.
Can I use Klarna’s Pay Later service when I make my deposits at online casinos?
One of the key features of Klarna allows users of the service to pay a portion of their purchase and deposit the rest of the money within a specific time period. Virtual casinos that support Klarna deposits may also allow players to make use of this feature and deposit into their online account via Klarna but pay Klarna the money later or split the payment into a few instalments. It’s important to note that using Klarna’s “Pay Later” service at online casinos requires responsible gambling practices. While this option is available for making online casino deposits, you should be mindful of your spending and ensure you have sufficient funds to settle the payment within the agreed-upon timeframe. Failure to make timely payments may result in late fees, penalties, or potential credit score implications, depending on Klarna’s policies and the region-specific regulations.