Clearpay vs Klarna: which is the best payment solution?

Our unfiltered opinion: choose Klarna or Clearpay for your e-commerce?

Klarna stands out for its flexibility and its numerous payment options while Clearpay's attractive simplicity and its transparence .

Our preference between these 2 solutions is Klarna for its simplified integration and extensive offering, although Clearpay is an attractive option for those looking for a more direct solution.

If you're looking for a solution that covers all your needs in addition to payment in instalments, call on Hero . Hero is a Fintech offering a suite of financing solutions, with deferred payment and instalments , included in your website's online payment solution. Available for both B2B and B2C, outstandings and acceptance rates are high.

Klarna and Clearpay rates

When it comes to choosing a deferred payment solution for your e-commerce business, understanding the pricing structure is essential. Klarna and Clearpay generate their revenues mainly through transaction fees paid by merchants, with fees varying according to payment method and customer country.

How much does Klarna cost?

In France, Klarna charges retailers for transaction fee of 20 euro cents plus variable costs ranging from 3.99

Clearpay rates

Clearpay facture 6% of order total, plus £0.30 per transaction with a simple, transparent pricing structure for retailers.

What's the alternative to Klarna and Clearpay?

Hero stands out as a powerful alternative, specially designed to meet the needs of B2B transactions. Here's why Hero is a preferable choice for flexible payment options:

• B2B adaptability

Unlike Klarna and Clearpay, which focus primarily on the B2C market, Hero is tailored to the B2B sector (as with B2C), offering customized solutions for companies .

• Payment facilities

Hero enables customers to pay their purchases in instalments (3X, 4X) or benefit from deferred payments (30J, 60J).

• Simplified integration

Thanks to the plugins we've developed and an excellent web API, Hero integration is easy, requiring no customer requests to validate outstanding balances, and no tedious documentation to complete.

• Payment Guarantee

With Hero, payments are 100% guaranteed by our insurer . Merchants receive instant payment, even if the customer chooses to pay later, ensuring unrivalled peace of mind.

• User Experience

Hero blends naturally into the existing check-out process, without the need for account creation or additional documentation, preserving a seamless shopping experience for customers.

About Klarna

Klarna logo

Founded in 2005 in Stockholm Klarna, a Swedish company, has rapidly established itself as one of the world's leading providers of payment and financing services for e-commerce. With a mission to simplify the payment process for both buyers and merchants, Klarna has revolutionized the online shopping experience with its innovative solutions.

Products & Offers

Klarna offers a wide range of financial services, including :

• Pay Now : Allows customers to pay immediately by credit card or via their Klarna balance.

• Pay Later : Gives you the chance to try items on before paying, with a delay of up to 30 days.

• Pay in 3 : Divides the cost of a purchase into three equal payments, without interest or fees, making high-value products more affordable.

• Financing : Offers payment options spread over several months, with interest calculated over the term of the loan.

With a valuation exceeding 39 billion euros Klarna continues to expand its global footprint, supported by major fund-raising campaigns with renowned investors. Visit Swedish fintech aims to reshape the financial landscape by offering transparent, secure payment solutions tailored to the needs of modern consumers.

Key figures

• Presence in over 20 markets worldwide.

• More than 250,000 partner merchants.

• A network of over 90 million customers.

• Most downloaded BNPL application in the UK, with over 12 million users.

What is Clearpay?

Clearpay logo

Clearpay also known as Afterpay in the USA, represents a deferred payment solution . It allows consumers to enjoy their purchases today, while spreading payment over several instalments at no extra cost.

Introduced in Australia in 2014 and arrived on the UK market under the name Clearpay, this service rapidly gained in popularity, transforming the way consumers approach online transactions.

Offers and Services

Clearpay has distinguished itself by its consumer-centric approach, with a single offer: the payment in 4 instalments. Customers make their first payment at the time of purchase, followed by three further payments every two weeks.

No hidden costs : No interest or additional costs are charged to the end customer, as long as payments are made on time.

Our detailed opinion: the best solution between Klarna and Clearpay

The decision to choose between Klarna and Clearpay depends on several crucial factors, including payment options, ease of integration, pricing, marketing solutions and quality of support.

Payment Options

• Klarna offers more services, including immediate payment, payment in 3 or 30 days free of charge, and long-term financing options.

• Clearpay focuses on a simple model, allowing customers to divide their payments into four equal installments, free of charge.

Easy integration

• Klarna offers relatively simple integration for merchants, with a wide range of plugins for the major e-commerce platforms.

• Clearpay also offers easy integration, although its adoption may be more limited geographically than Klarna.

Recipes

Klarna is considerably cheaper.

Klarna charges a transaction fee of €0.20 plus a variable fee of 3.99% in France. Clearpay, on the other hand, charges 6% of the order total plus £0.30 per transaction.

Solutions Marketing

• Klarna excels with integrated marketing solutions, offering a Klarna marketplace application and targeted advertising to boost traffic and sales. But we have no experience of the sales this marketing strategy generates.

• Clearpay, while effective in increasing conversion and average basket, offers fewer marketing tools than Klarna.

Support quality

• Both Klarna and Clearpay provide solid customer support, but Klarna, with its greater international reach, seems to offer a slightly more robust service in terms of available resources (feedback from e-merchants is better).

Klarna or Clearpay: which is best for B2B?

For corporate payment solutions, neither .

Hero stands out as a more suitable option, especially for B2B merchants looking for deferred or instalment payment solutions. With its B2B-specific approach, Hero ensures ease of integration payment guarantee and a flexibility that can better meet the needs of companies.

Why offer deferred payment or payment in instalments?

Offer deferred payment or payment in instalments increases average shopping basket et reduces cart abandonment and improve retailers' cash flow. For consumers, this offers flexibility and accessibility, contributing to a satisfactory shopping experience and loyalty .

Is there a risk of non-payment with Klarna and Clearpay?

Klarna and Clearpay minimize the risk of non-payment with advanced credit assessments et manage collections securing retailers' income. Visit late fees encourage punctual payment without heavily penalizing consumers.

Hero distinguishes itself by offering a 100% payment guarantee for retailers We're committed to providing our customers with the best possible service, totally eliminating their risk of non-payment and ensuring unrivalled peace of mind in the management of commercial transactions.

Exploring the nuances between Klarna and Clearpay, Each payment solution has its own unique advantages. However, considering alternatives like Hero could offer options more suited to your company's specific needs.

Frequently asked questions :

Is Klarna reliable?

Yes, with a strong global presence and advanced technology.

What is the maximum amount with Klarna?

Up to €1,500 per transaction.