Klarna Clone: It’s Your Time To Topple The Payment With Our App Solution

Hey! Every business has its own strategy to captivate customers. Some offer huge variants of products; some offer frequent discounts, etc. Finally, they all sum up with the need to attract potential customers. You would have been familiar with cashback and rewards apps. But are you aware of an app that lets users pay for their purchases on a later date without any interest? It sounds similar to credit cards, right? The name is the Klarna app, which has been revolutionizing the methods of online payments.

This blog will edify you about the Klarna app and how you can develop a similar app and pull users.

Klarna – A Popular Buy-Now-Pay-Later Platform

Klarna is a market leader in the UK that has established collaborations with several e-commerce retailers. Klarna facilitates customers to pay for their purchases in instalments without charging any interest fees. I can guess that you may be a little confused about how Klarna works. So, here comes the briefing on how Klarna facilitates payments and supports instalments.

How Does Klarna Facilitate Payments?

There are different payment schemes in the Klarna app. They are

1. Pay in 4 instalments
2. Pay after 30 days
3. Financing

• Pay in 4 instalments

Here, as the name suggests, users can make their payments in 4 instalments. Once the users purchase the products through Klarna, their bills will be split into 4 instalments, and every instalment will be scheduled at an interval of two weeks. Here, the biggest advantage is that users will not be charged any interest, but they will have to pay the late fees if they miss the payment schedule.

• Pay after 30 days

In this method, users will have to pay the full balance after 30 days. By default, users will not have to pay any interest, but they will be charged a late fee in case they skip the scheduled date.

• Financing

Klarna financing is applicable to hefty purchases, where users are granted permission to make their payments within 36 months. Unlike the above methods, this method charges interest based on the purchase amount. In addition, users will be charged upto $35 for late payment.

How Can Users Benefit From Using Klarna?

• No interest

The highest benefit is that the platform doesn’t impose any interest fees unless and until they opt for “Pay in 4 and Pay after 30 days.”

• No annual fees

The app doesn’t charge any annual fees from the users. So, this is another added advantage.

• Reminders

In order to remind users to make their payments, the app will automatically send reminders before 2 days of due. Also, users can customize the reminders as per their convenience.

• Auto payment options

The app has the auto payment option with which users can initiate the payment before the due date.

• Easy refunds

In case of failed transactions, the platform will refund the amount within 14 days. So, users will never have to doubt the refund policy.

How To Access The Klarna App/Website?

1. The prime requirement is that users should be 18 or above. Users will have to log in to the app/website and choose “My Klarna.”
2. On selecting the My Klarna option, users will get to know their purchase and payment details.
3. Next, users will have to choose the purchase for which they want to make the payment.
4. Finally, they will be directed to the payment page and will have to enter the required credentials.

Is Every Detail Safe With Klarna?

Well, by now, you would question the security of this app. So, here is all you need to know regarding the security of the app. Klarna has been a proven payment platform that stores every credential of the customer with strong encryption algorithms. On the whole, Klarna is a safe payment platform without a shred of doubt.

How Excited Are You To Develop A Klarna Clone?

Until now, we saw the briefing on Klarna and its features. Now, it is your chance to step into the Klarna clone app development. At Appdupe, we will document your app requirements and implement the needed specifications into our ready-made script. Once done, you can launch the app into the platforms (Google Play Store or App Store) of your desire. Come, let us check in the detailed steps involved in developing this payment processing app.

Step-By-Step Guide On Klarna Clone App Development

Step 1: The first step is all about gathering your app ideas and putting them into a specific order.

Step 2: Next, your business requirements will be documented, and we will perform the feasibility check.

Step 3: After that, we will show that we have already built the Klarna clone for approval. We call it a demo app.

Step 4: If you think that the ready-made app has all the features and functionality as per your requirements, then we will proceed with finalizing the design. On the contrary, if you still want to do some customizations, (for example, you may want to add a feature/remove), we will add them to the demo app.

Step 5: After adding the customizations, we will head to test the app across different test cases. Once the app passes all the necessary test cases, we will inform you about the launch.

Step 6: Finally, we will launch the app on the platforms that you have mentioned in the requirements phase. Yay! 

Are You Up For Launching Your Klarna Clone?

We highly believe that this blog on Klarna clone app development is informative. If you are up for developing this payment processing platform, then you are just one step ahead. Call us, and we will arrange a meeting to discuss the requirements. Good luck!

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Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.