Klarna vs Shopify
Side-by-side comparison
| Klarna | Shopify | |
|---|---|---|
| Product | Klarna | Shopify Payments |
| Category | Payment Processing | Payment Processing |
| What it does | Smoooth payments for shoppers, growth for businesses, and flexible financing for all. | The simplest way to accept payments online, built directly into Shopify. |
| Pricing model | Usage-Based | Transaction-based fees (percentage + fixed fee per transaction) |
| Starting price | 3-6% + $0.30/transaction | Varies by Shopify plan, competitive rates |
| Free trial | No | Yes |
| Target company size | SMB, Mid-Market, Enterprise | SMB, Mid-Market, Enterprise |
| Deployment | Cloud/SaaS | SaaS |
| Integrations | Shopify, WooCommerce, Magento, Salesforce Commerce Cloud | — |
| API available | Yes | Yes |
| Certifications | PCI DSS Level 1, GDPR | SOC 2 Type II, SOC 3, SOC 1 |
About Klarna
Klarna is a leading global 'Buy Now, Pay Later' (BNPL) platform that empowers consumers with flexible payment options, including interest-free installments, pay-in-30-days, and financing. For businesses, Klarna integrates seamlessly into e-commerce platforms, driving increased sales, higher average order values, and improved conversion rates by offering these payment choices at checkout. The platf
Use cases: Increase average order value and conversion rates for online retailers. [1, 6, 8, 16], Reduce shopping cart abandonment by offering flexible payment options at checkout. [4], Provide consumers with interest-free installment plans or pay-in-30-days options. [3, 8, 19], Protect merchants from credit and fraud risks associated with customer payments. [4, 6, 19], Attract new customers and enhance customer loyalty through flexible payment solutions and marketing tools. [10, 19]
About Shopify Payments
Shopify Payments is an integrated payment processor designed specifically for Shopify merchants. It simplifies the process of accepting various payment methods, including major credit cards, by eliminating the need for third-party payment providers or separate merchant accounts. This native integration allows merchants to manage their store and finances from a single platform. Shopify Payments of
Use cases: Accepting credit card payments directly within a Shopify store, Processing online transactions without needing a separate payment gateway, Managing all sales and payment data within the Shopify admin, Offering local currency pricing to international customers, Benefiting from integrated features like Shopify Shipping label coverage