We review the best Klarna betting sites in April 2024, check out all the information you need today.
Klarna is a Swedish bank founded in 2005 that provides several online payment options to gamblers. It has grown in popularity among bettors as a secure payment method for online bookmakers.
Only gamblers in a few countries can use Klarna (formerly Sofort), but that list is constantly expanding.
We have dug deeper into this payment method and how it functions in the gambling industry. Learn more about the payment method and the top betting sites accepting Klarna.
Find out about Klarna betting sites.
Best Klarna Betting Sites
From our research, this is a list of the best Klarna Betting Sites in April 2024:
Bet365 is another sports betting company using Klarna to allow payments and withdrawals using the e-wallet.
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. #AD Registration required.
Deposit funds to your William Hill betting account and place bets securely with the help of the Klarna payment method.
18+. Free bets are credited after settlement of the first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, and Klarna payment method is accepted for safe deposits and trusted withdrawals. #AD
Although Betfair does accept Klarna Payments, they are the only betting company that charges a 2% fee.
Betfair requires a pre-authorisation as a standard procedure to go into Klarna App to approve the payment. Once you verify the payment in the Klarna mobile application, the deposits will be made to add funds to your Betfair betting account. #AD
The list of betting sites accepting Klarna continues to grow.
What is Klarna and How Does It Work?
The Klarna Group processes over 1 million transactions daily and has over 85 million customers and is a popular digital bank.
Through their Klarna account, users can send and receive money instantly with Klarna Instant Banking. As a result, they can use this bank to pay for online transactions instantly without giving the website any account information.
Since Klarna is primarily used in Europe, you can find it as a payment option for European and UK betting sites. Klarna allows UK bettors to fund and manage their online betting accounts using the instant payment option.
You can deposit and withdraw money from your betting account at bookmakers that accept Klarna, and thousands of gamblers throughout Europe favour this choice.
What Are The Costs Of Klarna?
Since Klarna is not a wallet, there are no costs for the direct banking service. Any fees associated with using it vary because they are person-specific. Comparatively, digital wallets impose fees ranging from 1% to 5%.
The Pay Now with Direct Banking feature is free with the payment service. However, you might be charged transaction fees depending on the bank connected to your accounts and your home country.
There may be fees for deposits and withdrawals on some betting websites. Most of the sites we list for Klarna betting in the UK are free to use.
How Do I Deposit into My Betting Account Using Klarna?
Here’s how to deposit at a Klarna betting site.
Visit the Klarna site and create an account.
Link your gambling bank account to Klarna – Any online merchant that accepts Klarna Instant Banking now has it.
Visit a betting site accepting Klarna. Go to ‘Cashier’ or ‘Deposit’ to make deposits.
Pay with Klarna. Usually listed as ‘Pay Now by Klarna‘ or ‘SOFORT by Klarna‘
Enter deposit details. This includes your deposit amount, bank or card issuer, PIN, and TAN.
Confirm the deposit, and the funds will appear instantly. Klarna will appear on your bank statement.
How to Withdraw Money Using Klarna
If your betting site allows Klarna withdrawals, they are as straightforward as bank transfers or e-wallets. Follow the steps below:
Visit your account’s withdrawal section.
Choose how much to withdraw.
Use Klarna for withdrawals.
Once you initiate a withdrawal, reaching your bank account can take up to 5 days.
Klarna can be used to make withdrawals, but not all betting sites accept it. Check your bookmaker’s Klarna withdrawal policy.
If not, you’ll need another withdrawal method (a bank transfer is usually the most convenient option).
Always check with Klarna to see if using this method to withdraw cash incurs fees.
Benefits Of Using Klarna For Betting
Klarna offers many features that make it ideal for online betting activities.
In this section, we’ll talk about a few of these features and how they benefit gamblers.
Instant deposits
Any deposits made into your account through a betting site that accepts payments through Klarna will be immediately available for use on the betting site.
No Bank Information Needed
The bookmaker won’t need any of your banking information when you deposit if you use a Klarna account as an intermediary payment service between them and your bank.
The Bank Statement Shows No Wagering Activity
Any deposit or withdrawal you make from a betting site using Klarna won’t appear as a transaction from the betting company.
Instead, it will appear as a transfer to or from Klarna or a deposit.
Security
One of the safer ways to fund your online betting account is by using Klarna as a deposit or withdrawal method.
This service does not require any personal information to be entered.
Usable Elsewhere
Klarna is now being used by more and more retailers, including Amazon, to accept payments for some items.
If you prefer, you can use your account for activities other than sports betting.
Drawbacks Of KlarnaFor Betting
Although Klarna has many useful features, it is not a perfect payment option.
It has some shortcomings and some capabilities that are useless for betting online.
Here are some drawbacks to placing your esports wagers through Klarna:
Poor Customer Service
The first problem with Klarna is that its customer service isn’t very good or helpful.
Many customers and users of the payment service say that the customer service lines don’t work because many calls aren’t answered.
The responsiveness on the email channel is a little better, but they occasionally aren’t very helpful and reply late.
Refund Policy and Instant Banking Service
Refunds are one of the frequent problems associated with using online payment platforms.
You can ask your retailer for a refund if you make a mistake when depositing or paying.
However, it takes a long time for Klarna to request and receive your refund. This policy is unjust and harmful to Klarna customers.
Charges
Although there is no charge for the banking service, you might have to pay some fees when using Klarna to make deposits and withdrawals from your sports betting site.
The payment service may charge you a fee to process your transactions.
The fee amount depends on how much money you deposit or withdraw, but it is normally very small.
Countries that Accept Klarna Online Betting
The following nations now offer the instant payment service provided by Klarna:
Sweden
United Kingdom
Switzerland
USA
Norway
Finland
Denmark
Germany
Austria
Netherlands
Belgium
Some of Klarna’s features can also be used in 45 other countries, and the payment option accepts payments in many different currencies, not just those of the countries listed above.
Is Klarna Safe For Online Betting?
Even though not many betting sites accept it, Klarna is one of the safest and most secure ways to deposit with a bookmaking service for those that do.
Klarna is one of the safest ways to fund a betting account because you use different information to open a Klarna account than you do to open a bank account.
With the TAN and PINs, you can move money from your bank account to your betting account or from your betting account to your bank account through Klarna.
Your Klarna data is all that is required to complete these transactions. This is beneficial if you don’t like a company having your bank and personal information on its database.
Klarna’s level of security is similar to that of using an eWallet service like Skrill, Neteller, or PayPal, which are some of the safest ways for gamblers to use online services.
Check out questions about Klarna betting site options:
Popular Questions
Can you use Klarna for betting?
Yes, you can use Klarna for betting at many UK betting sites.
Does Klarna Have A Banking License?
Klarna currently has a full banking license from the Swedish Financial Supervisory Authority.
Can You Get Klarna Debit Cards?
You can get a Klarna debit card to make purchases online, in-person, domestically, or abroad.
Summary of Klarna Betting Websites
As the Swedish company grows, customers can choose from more Klarna betting sites which offer a safe and secure way to bet online.
Klarna is not without its drawbacks, though. Only thirteen countries currently offer it, and many users have complained about its subpar customer support.
You will discover that Klarna is an impressive payment service provider, especially for esports betting activities, if you can manage to get around these drawbacks.
We anticipate that Klarna will grow in popularity as UK betting sites’ need for secure online banking services increases. It is hoped that the business will offer its services in more places.
Other Betting Payment Methods
Our team has reviewed other betting payment methods for horse race betting. Check out our latest posts below updated on April 2024 which look at payment method options for a betting account:
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Unibet makes our top list of Klarna betting sites to make deposits and withdrawals online.
Bet365 is another sports betting company using Klarna to allow payments and withdrawals using the e-wallet.
Deposit funds to your William Hill betting account and place bets securely with the help of the Klarna payment method.
Sofort is part of the Klarna Group and offers real-time online bank-to-bank payments when betting at 888.
BoyleSports allows you to use Klarna to fund your account to deposit funds instantly online.
Although Betfair does accept Klarna Payments, they are the only betting company that charges a 2% fee.
