Klarna is a popular payment option that allows you to pay for your Ticketmaster purchase in 4 interest-free payments. This can be a great way to spread out the cost of concert, sports or theater tickets over time. Here’s what you need to know about using Klarna to pay on Ticketmaster.
What is Klarna?
Klarna is a Swedish financial technology company that offers payment solutions for online shopping. Their core service is a “pay later” option that lets shoppers split their purchase into 4 equal, interest-free payments made every 2 weeks. This allows you to receive your items immediately while paying for them over an 8-week period.
In addition to their flagship pay later service, Klarna also offers:
- Pay in 30 days – Pay the full amount 30 days after purchase
- Financing – Fixed monthly payment plans over 6-36 months
- Klarna card – A virtual shopping card that lets you pay later
Klarna partners directly with retailers and serves over 200,000 merchants globally, including Ticketmaster. They currently have over 150 million users worldwide.
Is Klarna Available on Ticketmaster?
Yes, Ticketmaster has fully integrated Klarna as a payment option during checkout. You’ll see it listed right alongside options like credit card and PayPal.
Klarna is available both on Ticketmaster’s website and in their mobile apps for iOS and Android. As long as you’re purchasing tickets directly from Ticketmaster, you should have the option to pay with Klarna.
What Are the Benefits of Using Klarna on Ticketmaster?
Here are some of the key benefits of using Klarna at Ticketmaster checkout:
- Pay over time – Break your purchase into 4 smaller payments instead of paying all at once
- No interest – Klarna’s pay in 4 option has 0% APR, so you pay no extra fees or interest
- No credit checks – Klarna does a soft credit check that doesn’t affect your credit score
- Flexible spending – Spread costs out over 8 weeks to better manage your monthly budget
- Convenience – Seamless integration makes paying with Klarna fast and simple
Using Klarna can make getting tickets more affordable, especially if you’re buying for a group or spending a lot on premier seats. You also don’t have to worry about accumulating interest like you would on a credit card.
How Does Klarna’s Pay in 4 Plan Work on Ticketmaster?
If you choose Klarna at Ticketmaster checkout, you’ll be prompted to enter your email and zip code. You’ll then complete Klarna’s brief application:
- Enter your contact information
- Provide your date of birth
- Enter your social security number for a soft credit check
- Review and agree to Klarna’s terms
In most cases you’ll get an instant approval decision. Once approved, your Ticketmaster order is complete and your tickets are confirmed.
You’ll receive an email confirmation from Klarna detailing your payment schedule. Your purchase amount gets divided by 4 and you’ll make those payments every 2 weeks until it’s fully paid:
- 1st payment – At purchase
- 2nd payment – 2 weeks after purchase
- 3rd payment – 4 weeks after purchase
- 4th payment – 6 weeks after purchase
Klarna will automatically charge your debit card or bank account on file each scheduled payment date. You can also pay early through your Klarna account dashboard.
What Do You Need to Use Klarna on Ticketmaster?
To complete checkout with Klarna at Ticketmaster, you’ll need:
- Debit or credit card
- Smartphone with the Ticketmaster app or other device to access the website
- Your email address and shipping info
- Social Security Number
- Date of birth
Keep in mind Klarna is only available to US residents. Your debit/credit card is used for ID verification and billing – Klarna payments show up as “KLARNA” on your statements.
What’s the Klarna Approval Process Like?
Getting approved by Klarna only takes a few minutes and they’ll give you an instant decision during checkout. Here are some key things to know about the approval process:
- Soft credit check – Won’t affect your credit score
- Verification – They’ll verify your ID, age, and ability to make payments
- Need to meet requirements – Must be 18+ years old with US address and SSN
- Higher approval if you meet “Know Your Customer” requirements
- Can be used with prepaid cards and debit cards
- Won’t approve insufficient funds or inactive cards/accounts
As long as you provide accurate information and have a valid payment method, you should be approved quickly. Klarna’s goal is to make financing easy and accessible.
What Happens If You Miss a Klarna Payment on Ticketmaster?
If you miss a scheduled payment with Klarna, they will first try to process it again in 3-5 days. You may be charged a late fee of up to $7.
If the payment fails a second time, Klarna will suspend your account until they receive the unpaid amount. This means you won’t be able to use Klarna until you settle the outstanding balance.
After 9-12 days of nonpayment, Klarna will send you a final notice and your account may be sent to a debt collection agency. This can negatively impact your credit score.
To avoid fees and collection, be sure your payment method has enough funds when Klarna payments are due. You can update your payment information at any time through your Klarna account.
Can You Use Klarna for Tickets Already Purchased on Ticketmaster?
Unfortunately Klarna can only be used during the initial ticket purchase on Ticketmaster. There is no option to finance tickets after the order is completed.
However, you do have some options if you want to finance an existing Ticketmaster order:
- Return/rebuy the tickets – Start a new order and select Klarna at checkout
- Use a credit card – Apply for a card with an intro 0% APR offer
- Use a personal loan – May offer lower rates than credit cards
Just keep in mind that returning and rebuying tickets can sometimes lead to losing your seats. Check Ticketmaster’s policies before going this route.
Can You Use Klarna with Ticketmaster Promo Codes?
Yes, Klarna works seamlessly with Ticketmaster promo codes and vouchers. You can apply any valid offer or discount code during the checkout process before selecting Klarna as your payment method.
The order total will reflect any savings from the promo code. Klarna will then split that discounted amount evenly across your 4 payments. This allows you to maximize savings when using Klarna at Ticketmaster.
Tips for Using Klarna on Ticketmaster
Here are some helpful tips for getting the most out of using Klarna at Ticketmaster checkout:
- Compare total costs – Understand the full payment amount including any fees.
- Use free rewards card – Earn cashback on your Klarna payments for extra savings.
- Pick best seats first – Klarna can secure your tickets even if you pay later.
- Add insurance – Protect your tickets in case you can’t make the event.
- Set payment reminders – Avoid missed payments and fees.
- Pay early if you can – You can pay off the full amount at any time.
Klarna vs Ticketmaster Payment Plan
Ticketmaster also offers their own financing option called Ticketmaster Payment Plan. Here’s how it compares to paying with Klarna:
Klarna | Ticketmaster Payment Plan |
---|---|
4 interest-free payments | 3 or 4 month plans with financing charges |
0% APR | 26.99% APR on 3 month plan |
Soft credit check | Hard credit inquiry |
2 week payment intervals | Monthly payments |
Late fee up to $7 | Up to $35 late fee |
While Ticketmaster Payment Plan does spread costs over time, it comes with much higher interest charges compared to Klarna’s no-fee model. Klarna is the cheaper and easier financing option in most cases.
Pros and Cons of Paying With Klarna on Ticketmaster
Here’s a quick overview of some of the key pros and cons to weigh when considering using Klarna on Ticketmaster:
Pros
- Pay over 8 weeks with no interest fees
- Instant checkout and ticket confirmation
- Soft credit check won’t hurt your score
- Automatic payments schedule
- Can improve monthly cash flow
Cons
- Possibility of late fees if payments fail
- Not available after initial ticket purchase
- Need to share personal information like SSN
- Missed payments negatively impact credit
- Higher total cost if you don’t pay early
Is Klarna Worth It for Buying Tickets on Ticketmaster?
For most customers, Klarna is an excellent financing option for expensive Ticketmaster purchases. The ability to secure tickets now and smoothly spread repayment over 8 weeks can make events more affordable.
Just be sure you understand the full costs, set payment reminders, and budget accordingly. As long as you make your payments on time, using Klarna is a financially responsible way to enjoy live entertainment without breaking the bank all at once.
Conclusion
Paying with Klarna at Ticketmaster checkout lets you conveniently finance your ticket purchase over time. Their pay in 4 plan splits your order total into 4 interest-free payments made every 2 weeks. This makes it easier to manage large purchases without paying everything upfront.
Simply select Klarna as your payment method, complete a quick application, and receive instant approval. You’ll then be set up on an automated payment schedule managed by Klarna. Just be diligent about making payments on time to avoid fees.
Using Klarna also has advantages over Ticketmaster’s own payment plan, including no interest and lower fees. So if you want to secure amazing seats now while spreading costs out over time, opting to pay with Klarna can be a smart move.