Is klarna mail order account

Klarna is a payment service provider that offers various payment methods, including "Pay in 30 days" and "Pay in 3" options. However, Klarna is not a traditional mail-order account in the sense that it's not a credit account that allows you to borrow money to make purchases.

Here's how Klarna works:

1. When you check out on a merchant's website, you're given the option to pay with Klarna.
2. Klarna performs a soft credit check to determine your creditworthiness.
3. If approved, Klarna offers you a payment plan, such as "Pay in 30 days" or "Pay in 3".
4. You agree to the payment plan and Klarna pays the merchant on your behalf.
5. You then have the option to pay Klarna back in installments, usually with no interest or fees.

Klarna's payment plans are designed to be interest-free and fee-free, as long as you pay back the amount owed on time. If you miss a payment or don't pay back the full amount, you may be charged interest and fees.

So, while Klarna does offer a payment plan, it's not a traditional mail-order account that allows you to borrow money to make purchases. Instead, it's a payment service that helps you manage your payments and avoid interest charges.