Klarna vs PayPal for payment on eBay?

WIAWSNB

I've had PP for donkey's years, with no issue. Still no issue with them, but notice Klarna is being promoted quite strongly.

Checked it out, and it's a Scandinavian company - usually a good start - whereas PP's largest stakeholders are Vanguard Group Inc, BlackRock, etc.

On a purely ethical basis, which is best?

And any other pros and cons of each?

This is purely for paying for items bought on t'Bay. Enough protection is provided by eBay itself, and I have no real interest in things like delayed payments and zeropercent credit.

Thanks. 

jon81uk

Why not just use debit or credit card if you don't need the pay later services offered by Klarna?
I don't think there is any advantage to using PayPal or Klarna.

WIAWSNB

jon81uk said:

Why not just use debit or credit card if you don't need the pay later services offered by Klarna?
I don't think there is any advantage to using PayPal or Klarna.

Good point, well made

GrubbyGirl_2

jon81uk said:

Why not just use debit or credit card if you don't need the pay later services offered by Klarna?
I don't think there is any advantage to using PayPal or Klarna.

Personally I prefer the fact that only one organisation has my debit card details so I will always choose paypal as accepted on pretty much every retailer web site.  I just don't fancy so many places having my card details.

WIAWSNB

GrubbyGirl_2 said:

Personally I prefer the fact that only one organisation has my debit card details so I will always choose paypal as accepted on pretty much every retailer web site.  I just done' fancy so many places having my card details.

That probably sums up why I've stuck with PP for all these years - a protected intermediary. Coupled with the fact they did - after some persuasion - sort out a scamish Chinese company when they sent an item that bore little quality resemblance to the advertised one. 

PP is also useful when selling the odd item on Facebook, when I agree to post it out - it provides protection to both parties. Does Klarna do this?

So, on balance, I'm minded to stick with PP on eBay, rather than add my card.

My only 'concern' is a potential ethical one - is there one? 

RFW

WIAWSNB said:

This is purely for paying for items bought on t'Bay. Enough protection is provided by eBay itself, and I have no real interest in things like delayed payments and zeropercent credit.

Thanks. 

I don't know that Klarna have any kind of customer service protection, their main selling point is the interest free instalments. If you're not using that I don't see why you'd need to use them. 

the_lunatic_is_in_my_head

Next time you make a purchase just add your card to eBay on the Checkout flow and eBay will charge it in the same way pretty much any other company does  

WIAWSNB

the_lunatic_is_in_my_head said:

Next time you make a purchase just add your card to eBay on the Checkout flow and eBay will charge it in the same way pretty much any other company does  

Thanks. Yes, that can certainly be done.

I certainly don't mind buying via a third party like this, provided it's an 'ethical' finance company - if that ain't an oxy'. As pointed out by others, it also means that fewer online sites have your card details.

PP was founded by Musk, I understand, tho' I don't know the calibre of the current co'. If I were to change to Klarna instead, would my wee amounts go to a better home? 

I guess if I add my card directly, then eBay would make more, as it wouldn't have to pay out to K or PP?

How does it work?! 

RFW

WIAWSNB said:

the_lunatic_is_in_my_head said:

Next time you make a purchase just add your card to eBay on the Checkout flow and eBay will charge it in the same way pretty much any other company does  

PP was founded by Musk, 

It wasn't. As with most of the companies he's involved in, he invested after it was founded. Paypal was founded in December '98, Musk's company came in to it in March 2000.

the_lunatic_is_in_my_head

WIAWSNB said:

I certainly don't mind buying via a third party like this, provided it's an 'ethical' finance company 

VISA, Mastercard, eBay, Paypal, Adyen, Klarna, they are all pretty big to massive companies, ethics are subjective, none will be financing the slave trade, if you poke around looking at major shareholders you'll probably find something you don't like. Before you could pay with a cheque but it still required banks (are they ethical?!), there's cash but then they say money is the root of all evil  

If you pay by card and for any reason run out of time for eBay's cover you can do a chargeback for non-receipt (up to 540 days IIRC), for not as described the same but chargebacks don't cover you for faults that appear later, only things that you knew were wrong upon receipt, I might be wrong but I have a feeling Paypal's buyer protection is similar in that regard. 

I don't think you can get Section 75 cover on eBay with a credit card or finance through Klarna* as the link is broken by eBay being in the middle.

*Low value with Klarna is pay in 3 which doesn't have S75 cover anyway, more expensive purchases appear to be traditional credit and I think attract interest. 

WIAWSNB

the_lunatic_is_in_my_head said:

WIAWSNB said:

I certainly don't mind buying via a third party like this, provided it's an 'ethical' finance company 

VISA, Mastercard, eBay, Paypal, Adyen, Klarna, they are all pretty big to massive companies, ethics are subjective, none will be financing the slave trade, if you poke around looking at major shareholders you'll probably find something you don't like. Before you could pay with a cheque but it still required banks (are they ethical?!), there's cash but then they say money is the root of all evil  

If you pay by card and for any reason run out of time for eBay's cover you can do a chargeback for non-receipt (up to 540 days IIRC), for not as described the same but chargebacks don't cover you for faults that appear later, only things that you knew were wrong upon receipt, I might be wrong but I have a feeling Paypal's buyer protection is similar in that regard. 

I don't think you can get Section 75 cover on eBay with a credit card or finance through Klarna* as the link is broken by eBay being in the middle.

*Low value with Klarna is pay in 3 which doesn't have S75 cover anyway, more expensive purchases appear to be traditional credit and I think attract interest. 

Thank you. Good summary :-)