Klarna Launches Pay Now Option

Former_MSE_James_F

Shoppers in the UK who use Klarna's new 'pay now' function will lose vital consumer protection that they'd get if they simply paid using a credit card instead.

Read the full story here:
'Beware using Klarna's new 'pay now' service - you will lose vital Section 75 protection'

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mizfiesta

Why would a shopper use Klarna if they were making a purchase and just paying for it then and there (and not BNPL)?
Why just not use an ordinary debit card? I'm confused.

nyermen

I was thinking the same.  For the consumer?  I can't think of anything.  For the marketplace choosing only to allow Klarna, i guess it stops S75 risks where the CC company would reclaim the funds (or not pay them if they hadn't yet).

motoko

What if you don't have an account or linked credit card with klarna, but the retailer chooses to use them as their payment processor? Do you still lose you section 75 rights?