Klarna / Clearpay

We’ve come a long way since the only way to pay for goods was cold hard cash. But now, with just a touch of a button, you can have something delivered right to your door. Better yet, you can buy something now and pay later (BNPL) - a new but increasingly popular method of payment on the shopping scene. If you’re not quite sure what BNPL entails, keep on reading for a clear breakdown as well as an understanding of the difference between the two most popular BNPL platforms: Klarna and Clearpay.

Klarna BOY London

How Does It All Work?

As the name suggests, BNPL allows customers to make purchases but delay the payment. Klarna and Clearpay are both leading BNPL platforms, but take marginally different approaches which are worth noting:

Clearpay has one way of payment:

Customers will split the payment into four instalments over two-week regular intervals.

Klarna lets customers pick from three different means of payment:

Klarna's Pay in 3 instalments and Pay in 30 days credit agreements are not regulated by the FCA. Use of these and any missed payments may affect your ability to obtain credit from Klarna and other lenders. 18+, UK residents only. Subject to status. T&Cs apply. klarna.com/uk/terms-and-conditions

No Hidden Fees:

Payment plans have inevitably left many sceptical as they were always associated with high-interest rates and extortionate late payment fees. However, as long as you make payments on time, ClearPay and Klarna are both free to use - no hidden interest fees!

Klarna and Clearpay are great if you’ve got your eye on something on the BOY website knowing payday is a week away, and you don’t want to put yourself through the excruciating wait until then. So what are you waiting for? Head over to the site now to start shopping now, and pay later.