Glossary/Ecommerce/Klarna

Klarna

Klarna is a financial technology service that facilitates online shopping by providing payment solutions such as "buy now, pay later," installment plans, and direct payments. It enables consumers to make purchases and pay for them over time, enhancing flexibility and convenience in e-commerce transactions.

Top 5*Ecommerce
Howdy Network Rank
#116
Howdy Network Rank#116
Top 5*
14.1%
Magento Go
13.4%
Magento
11.6%
Vtex
8.6%
Oscommerce
8.6%
Woocommerce
43.7%
Others
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*Survey of over 20,000+ Howdy Professionals
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About Klarna

Klarna was founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson in Sweden. It was created to simplify the online shopping experience by allowing consumers to receive goods before paying for them, addressing the need for a more flexible payment solution in e-commerce.

Strengths of Klarna included its user-friendly payment solutions, flexible payment options, and strong partnerships with numerous retailers. Weaknesses involved potential consumer debt risks and regulatory challenges. Competitors included Afterpay, Affirm, and PayPal's "Pay in 4" service.

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How to hire a Klarna expert

A Klarna expert must have skills in payment processing systems, e-commerce platform integration, and data analysis. Proficiency in API management and understanding of financial regulations related to digital payments are also essential.

USA
$97K
$127K

$224K

Employer Cost

$54K
$73K

$127K

Employer Cost

$Howdy savings: $97K
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*Estimations are based on information from Glassdoor, salary.com and live Howdy data.