PayPal vs Klarna
A detailed comparison to help you decide if Klarna is the right EU alternative for your needs.
Last updated: February 23, 2026โขReviewed by Built in EU Team
At a Glance
Data Location
๐บ๐ธUS
US data laws
๐ธ๐ชSE
GDPR protected
Pricing
PayPal
freemium
Klarna
freemium
Migration
Medium difficulty
Switching from
PayPal
๐บ๐ธPayPal Holdings Inc.
VS
Switching to
Klarna
๐ธ๐ชKlarna 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