Who carries the risk if the shopper does not repay?

With buy now, pay later, the merchant is paid by the BNPL provider and the repayment relationship stays between the shopper and that provider. The exact terms are set in the merchant's agreement with Klarna.

About Klarna

Klarna is a buy now, pay later and payment provider used by shoppers in Europe, North America and other markets. Its options include paying later, paying in installments and paying immediately through the Klarna app.

See the Klarna connector page for its payment methods, documentation and the markets it covers, and the full connector catalog.