Instant Refunds definition
Instant Refunds. If you are eligible for an instant refund, you may receive funds for returned products before your returned product is approved and registered by the Merchant. Klarna determines, in its sole discretion, whether you are eligible for an instant refund. An instant refund will be issued to the same payment method you used when paying for your purchase within 5-7 days from reporting the return, depending on your bank. Klarna will also pause your payment plan until the Product Questions and Issues: Please contact the Merchant with any questions regarding Purchases. Default: Except where prohibited by law, you will be in default if you: (a) fail to make any payment by a Due Date; (b) become the subject of insolvency or bankruptcy proceedings; (c) supply false, misleading, or incorrect information to us; (d) a payment is returned to us by your bank; or (e) violate or are unwilling to comply with any provision in this Agreement (each a “Default”).