PayPal vs Klarna
A detailed comparison to help you decide if Klarna is the right EU alternative for your needs.
Last updated: February 23, 2026•Reviewed by Built in EU Team
At a Glance
Data Location
🇺🇸US
US data laws
🇸🇪SE
GDPR protected
Pricing
PayPal
freemium
Klarna
freemium
Migration
Medium difficulty
Switching from
PayPal
🇺🇸PayPal Holdings Inc.
VS
Switching to
Klarna
🇸🇪Klarna Bank AB
US Data Storage
Data subject to US CLOUD Act and may be accessed by US authorities
EU Data Protection
Data protected under GDPR with EU-only data residency
Certifications & Compliance
No certifications listed
GDPR Compliant
EU-Based
Migration difficulty:
Medium
Migration Overview
Difficulty
MediumQuick Steps
1
Create Klarna account and configure settings
2
Export and prepare data from PayPal
3
Import data, test integrations, and migrate users