Shortly after moving from the US to Germany, I was asked to investigate Klarna as a solution for payment processing for my company. I was pretty ill-suited for it, as I had no idea about paying by &#x27;invoice&#x27;.<p>Payment by invoice means that when you order a product online, you simply receive an invoice along with the product when it arrives, and you&#x27;re trusted to pay for the item on the invoice within the next few days or weeks by way of a direct bank transfer.<p>I found the process quite foreign to me, but the availability of fast and cheap credit checks made this possible. Companies like Klarna maintain and&#x2F;or license a database of people in the country who have a history of failing to pay their invoices, and they are denied when they order products from other websites in the future.<p>What I&#x27;m wondering here is, how are they going to pull this off in the US? There are credit checks, but they really only apply to whether you&#x27;ve made loan payments or declared bankruptcy recently, and wouldn&#x27;t reflect if a company has a claim against you.