Klarna's Pay in 3 instalments is a credit option enabling you to divide your purchase cost into three equal payments. Klarna automatically deducts these payments from your debit or credit card, eliminating concerns about missing payments. The first payment is taken at the time of purchase, followed by the second instalment 30 days later, and the final payment 60 days after your purchase. You have access to view both past and upcoming payments at any time through the Klarna app.