Payment Processing · Buyer guide
Finland is one of the euro area's most card-heavy countries. In the European Central Bank's most recent survey of how people pay, cash made up 27% of transactions at the point of sale in Finland, the Bank of Finland reported in March 2026, the second-lowest share in the euro area after the Netherlands. Finland gave up its own domestic card scheme more than ten years ago, a Bank of Finland board member noted in 2025, so the debit card in a Finnish wallet is a Visa Debit or Debit Mastercard, priced like any other European consumer card.
Next to cards sits MobilePay, the Danish-born phone payment app that is now part of Vipps MobilePay, and online the bank buttons that Finnish shoppers have used for decades. Here is what each costs a business, read from the providers' own Finnish pages on 27 October 2026, and the rules on surcharges and cash.
Finland applies the EU Interchange Fee Regulation, which caps the interchange a card issuer receives at 0.2% of a consumer debit card payment and 0.3% of a consumer credit card payment. Visa's Finnish domestic interchange table, valid from January 2026, shows exactly those rates for consumer cards. Business cards are not capped, and Visa's table puts most of them at 1.30% or more in a shop. Card scheme fees come on top, and everything else is the provider's margin, which is where Finnish offers differ.
The best-known Finnish acquirer publishes no prices. Nets, now part of Nexi (B), says more than 40,000 Finnish businesses use it and asks merchants to contact sales, and Worldline's Finnish site has no price list that we could find. Larger merchants can negotiate interchange-plus pricing from Adyen (A-).
Take a shop that takes 1,000 card payments a month of €20 each, all on Finnish consumer debit cards: €20,000 of takings. On the published prices, before VAT on any subscription:
Two things stand out. The fixed per-payment fee adds a quarter of a point to a €20 sale at myPOS and half a point at Stripe, enough to put both level with Zettle's flat 1.95%; on larger tickets they fall back. And the cheapest options here are a subscription and a bank account: SumUp's Plus plan and Revolut Business both cost less than half what the dearest pay-as-you-go readers do on this mix. Mollie's free plan is the cheapest option with no monthly fee, though its page does not define what counts as a domestic card, so check that a Finnish-issued card gets the 1.20% before you rely on it. Credit, business and non-EEA cards change the picture for every plan, so run the sums on your own card mix.
MobilePay is run by Vipps MobilePay (B). Its standard Finnish prices are 1.75% a payment for in-store and remote sales to a MobilePay number or through its mobile point of sale, 2.49% + €0.20 for online and recurring payments, 2.39% + €0.20 for payment links and 1.99% + €0.20 for donations. Larger merchants can agree other terms, and a till system that takes MobilePay sets its own price. On the example above, 1,000 MobilePay payments of €20 would cost €350, more than most card readers charge on a domestic debit card.
The app is changing its name. MobilePay becomes Vipps in Finland on 12 January 2027, the company says, and Denmark and Greenland are switching too; existing QR codes, links and short numbers keep working, but signs and materials that say MobilePay will need replacing after that date. Its rival from the 2010s is already gone: OP's Pivo app closed on 4 September 2024. Siirto lives on in a new form, as an instant bank transfer inside the banks' own apps, run since March 2025 by a company owned by OP and Nordea; OP customers have had the new Siirto since June 2026.
Online, the published Finnish prices for card payments are:
Many Finnish shoppers still look for their bank's button at the checkout, and web shops usually get those buttons, together with MobilePay, cards and invoices, through a checkout company. Paytrail, part of the Nexi group, publishes its prices. On its S package, €14.90 a month, nearly every method costs €0.50 + 3.25% a payment, Klarna €0.50 + 3.5%. On its M package, €59 a month, bank payments cost a flat €0.50, and Visa, Mastercard and MobilePay €0.50 + 2% (American Express, Apple Pay and Google Pay €0.50 + 3%), though the flat bank price only applies if the shop offers all of Paytrail's method categories; otherwise it is €0.50 + 0.5%, and Paytrail says some shop platforms add 0.25% on bank payments. Business and non-EU cards add 1% on both packages. The monthly fee carries 25.5% VAT; the transaction fees carry none.
On a €50 order, that makes a bank payment through Paytrail cost €2.13 on the S package and €0.50 on M, against €1.00 for a standard EEA card at Stripe and €0.85 for a domestic consumer card at Mollie. A shop selling a few hundred euros a month pays less on S; Paytrail itself says M is the better choice above about €2,000 a month. Pay-later at the checkout costs more again: Klarna (B) costs 2.99% + €0.40 for Finnish customers through both Stripe and Mollie.
Section 46 of the Payment Services Act (290/2010) says a merchant may not charge a fee for using a payment instrument whose interchange is capped under the EU Interchange Fee Regulation, which in practice means consumer Visa and Mastercard debit and credit cards, nor for SEPA transfers and direct debits. That is the EU minimum, and Finland goes no further: a surcharge on American Express or a business card is allowed, but section 60 says it must be reasonable and must not exceed the merchant's actual costs, and section 29 says the customer must be told about it before the payment starts. The Consumer Ombudsman's guidance for online shops adds that at least one commonly used payment method must always be available with no extra charge.
The Finnish Competition and Consumer Authority says no Finnish law requires a business always to accept cash; a basic bank card is usually an adequate alternative, and a shop that does not take cash must say so in advance. The Bank of Finland's March 2026 analysis, citing its consumer survey, reported that 17% of consumers had been refused when trying to pay in cash, and that the 208 businesses it surveyed spent on average €1,293 on outside cash-handling services in 2024. The EU regulation on the legal tender of euro cash would change this, by obliging shops to accept cash with some exceptions, but as of October 2026 it was still being negotiated and had not been adopted.
Other Nordic countries price cards and phone payments differently; see our guides to Sweden, Norway and Denmark.
