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Klarna has launched a flexible debit card and digital wallet in the UK, marking a significant step forward in its mission to disrupt retail banking. The Klarna balance allows customers to store e-money and receive refunds and cashback rewards, while the Klarna Card is a debit-first card that can be used online and in-store at over 150 million Visa merchant locations. The card and balance account are issued instantly with no credit check required, and are available to all Klarna customers. The launch follows Klarna's e-money authorisation from the FCA in July this year.

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