Best Buy accepts Klarna as a payment method but not for financing. The store also uses the Best Buy 12-month and 18-month financing methods. According to the financing structure of the store, the customers can use only the credit cards offered by the store and Lease To Own selection.
The Klarna Credit Card
It becomes too hard to pay for the larger purchases at a time. The users can pay directly, in four installments, and after delivery. It works like any other interest-free payment for the customers. So, the customers can purchase in-store through the Klarna credit cards and mobile app. Instead of taking loans, the individuals can use this Buy Now, Pay Later method. The users must complete the transaction within two tries or pay an additional $7 to the Klarna company. Completing the payment on the spot, specifically through cash, is the most convenient way to shop from Best Buy or other retailers. But, Klarna works for the customers that cannot pay the whole amount at one time.
Best Buy And Klarna
Best Buy customers can use Kalrna only as a payment method. It works like the other payment methods accepted by Best Buy like MasterCard, Visa, American Express, Discover, JCB, and more. Best Buy also accepts the Klarna card in the case of pre-ordering, especially during more customer demand. Pre-ordering helps the customers to order the popular products before they get released. It works for popular products that can get sold quickly. This process takes place as the standard ordering method. After placing an order, the customers will get a reference number through an email. They must pay the store when the product gets delivered.
Using The Klarna One-Time Card
The one-time card remains valid only for 24 hours. The following steps show how the customers can pay using the Klarna one-time card:
Advantages Of Using Klarna In Best Buy
The following are the advantages of using Klarna for Best Buy:
Many retailers like Best Buy in the United States accept payment through the Klarna credit card. So, the store is not using anything strange by accepting Klarna cards.The Klarna company does not charge pre-payment or interest fees in the case of on-time payments.The company offers a one-time card. So, the Best Buy customers can use a unique card while checking out from the store.
Disadvantages Of Using Klarna In Best Buy
The following are the disadvantages of using Klarna for Best Buy:
The Klarna credit card users must provide required information while purchasing to let the company conduct soft checks. So, the company must approve the purchases.The company might refuse some payments, especially the big ones, without giving adequate reasons.Klarna supports deferred payment. So, the customers might start purchasing more from Best Buy and other retailers only to land up in debt.
Every store does not accept Klarna credit cards as a financing method, and Best Buy is one of them. However, the store takes it as a payment method. Best Buy takes the amount only after the product reaches the customer. However, Klarna must approve the payments. It might conduct hard checks on large payment amounts and disagree with any of them. So, we can see that the company comes with pros and cons. Answer: Some installment payment services other than Klarna are Afterpay, QuadPay, Affirm, Sezzle, Splitit, and more. Answer: Klarna charges the merchants every time a transaction takes place to their website. The customers must not pay Klarna with additional fees or interest. On the one hand, it charges the merchants up to 3.29% of the amount for a transaction. On the other hand, it demands fees from the customers if they do not pay the remaining installments on time. Answer: Best Buy does not accept Klarna as the financing method. But, the customers going to other retailers must follow a few rules. The customers must be equal to or greater than 18 years of age and must not use a prepaid debit card. They must have an active credit card or bank account.
