3 ms·
AFAIK klarna gets a cut of the payment (similar to interchange fees for credit card payments), so merchants in effect end up subsidizing the interest-free optio
by gruez 2y ago
AFAIK klarna gets a cut of the payment (similar to interchange fees for credit card payments), so merchants in effect end up subsidizing the interest-free option. It's not any different than credit cards, which you don't pay any interest on if you pay on time.
- elicksaur 2y agoThanks for the context. Yeah, I’m reading up on them more now. It looks like they also make money on missed payments just like credit cards.