Klarna alternative for deposits and payment plans
Klarna runs its own checkout and its own payment terms. If you want to set the plan yourself — a deposit, then instalments that finish before your date — SPLTR lets you, at no cost to your business.
| SPLTR | Klarna |
|---|---|
| Who sets the schedule | |
| You do: deposit today, then weekly, every two weeks or monthly, finishing by the date you choose. | Klarna does: its own options, such as four payments two weeks apart. |
| When you get the money | |
| As each instalment is charged, straight into your own Stripe account. | Up front, at the sale, less Klarna's fee. |
| What it costs the business | |
| Nothing. A flat $1 plan fee sits inside each instalment the customer pays, and you can set it higher and keep the difference. | A merchant fee on each sale, set in your agreement with Klarna. |
| If a payment fails | |
| Smart retries on the customer's card. If a payment still fails, it is yours to sort out with your customer — you hold the plan. | Klarna's to chase — you were already paid. |
| Checks on the customer | |
| None. It is your customer's own card on your schedule. | Klarna decides at checkout whether the shopper can use it. |
Klarna's terms vary by country and by agreement — check theirs for your business.
When Klarna is the better choice
You run an online shop with a high volume of everyday orders.
You want the full amount at the moment of sale.
Your customers expect to see Klarna at checkout.
When SPLTR is the better choice
You sell something bought now and used later: a wedding, a venue, a retreat, a camp, a season pass.
You need a deposit today and the balance by a date you choose.
You want the plan and the customer relationship to stay with you, with no fee on the sale.
See your own plan
Put in your price, the deposit and the date it has to be paid by — the payment plan calculator gives every date and amount.