Klarna + Magento = Smoooth.
Klarna Payments is one of Magento´s Core Bundle Extensions. Here you find answers on what that means in terms of integration and what benefits merchants will have.
A Core Bundled Extension (CBE) is a Magento Technology extension that is distributed with the Magento 2 core distribution.
Klarna Payments on Magento M2 platform.
Payment methods are available across 9 markets: AT, DE, DK, FI, NL, NO, SE, UK, US.
- Magento v2.2.4 or higher (Klarna Payment extension available for 2.1.x – 2.2.3)
- PHP version 5.6, 7.0, or 7.1
- SSL required for any Klarna callback URLs
It simplifies the on-boarding process for Magento merchants with easy setup and configuration within the Magento admin.
It enables Magento to distribute updates and bug fixes with a regular releases of the core Magento code.
It is lower maintenance for merchants and provides them with the reassurance that the extension has been reviewed and tested by Magento Engineers.
The merchant can do Klarna post order management within the Magento Admin.
- Get credentials from Klarna
- Install Magento v2.2.4 or greater to take advantage of the core bundled extension (extension available for installation on Magento 2.2.3 or lower via the Magento Marketplace).
- Configure Klarna.
The Klarna Payments core bundled extension supports post order processing through the standard Magneto functions:
- Cancel an order
- Full and partial capture of payment on an invoice
- Full and partial refund of payment on an invoice
The payment methods are configured through the Klarna systems and tied to your Klarna merchant credentials (MID). All payment methods configured will be automatically displayed via the integration upon entering the checkout. No additional setup necessary!
You can decide, whether you want to deselect a certain payment method.
Klarna has not verified the Klarna Payments CBE with any One Step Checkout extensions. However, Klarna Payments CBE is fully aligned to the architectural structure and standards of Magento 2. Any extension that also aligns to Magento’s architectural structure and standards should function with Klarna Payments.
Simple comparable transaction fees. Klarna’s rates are designed to be near or below what merchants are paying for V/MC Card-not-present reward cards or AMEX (especially when considering other issuers chargeback expense and other related fees).
With Klarna Payments merchants can choose, what of all relevant payment methods, like invoice, installments (flexible and fixed), direct debit and bank transfer they want to offer to their end-customer. And – not matter what – payouts to the merchants are save.
For Germany: Payouts are weekly and merchants receive their money always 2 weeks after the purchase has been made.