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this post was submitted on 18 May 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Klarna is one company that boggles my mind. Here in Germany it’s against literally every bank's TOS to hand out your login data to other people, they can (and do) terminate your account for that. And yet Klarna works by asking for your login data, including a fucking transaction token, to do their thing.
You literally type your bank login data including an MFA token into a legalized phishing site so they can log into your account and make a transaction for you. And the banks are fine with it. I don’t get it.
The German Supreme Court even deemed this whole shit as unsafe all the way back in 2016 and said that websites aren’t allowed to offer Klarna as the only payment option because it’s an “unacceptable risk” for the customer, lol.
Oh, and they of course also scan your account activity while they’re in there, because who’d give up all that sweet data, which we only know because they’ve been slapped with a GDPR violation a few years back for not telling people about it.
Yet for some reason it is super popular.
From the wikipedia page
That's, um, ... Unfortunate? What an interesting mistake to make.