What are 4 interest-free instalments from Klarna?

4 interest-free instalments allow you to split purchases into 4 payments automatically charged to your debit or credit card every fortnight. There is no interest and no fees when payments are made on time. It’s that easy.

Is this different from credit?

4 interest-free instalments from Klarna is an alternative to traditional credit. No interest means you will never pay more than the amount of your purchase when you make payments on time.