Finland boasts a highly digitalized payment landscape, with a strong preference for contactless payments and mobile wallets. Cash usage is declining, especially among younger generations. Finland is renowned for its highly developed digital infrastructure and high levels of digital literacy, leading to a largely cashless payment environment. Credit and debit cards (Visa and Mastercard) are the dominant payment methods, with contactless payments being extensively used across various sectors. Mobile payment solutions such as Apple Pay and Google Pay are commonplace, complementing the extensive use of online banking and bank transfers. Cash transactions are becoming increasingly rare, used mainly for minor purchases or by specific demographics. Finland’s consistently high rankings in global digitalization indices reflect its commitment to technological advancement in the payment sector. The government actively supports initiatives that promote innovation and enhance security within the digital payment ecosystem. This makes Finland a leading example of a fully digitalized payment landscape.
Estimated Population
5.5 million
Currency
Euro (€)
All supported payment methods for Finland:
SEPA Direct Debit, SEPA Credit, Apple Pay, Google Pay, PayPal, Trustly, Invoice Payment, Prepayment, Online Bank Transfer, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, MaestroPopular payment methods
SEPA Direct Debit
Direct Debit
SEPA Direct Debit is a secure and convenient payment method for businesses operating within the European Union, allowing for automated payments from customers’ bank accounts.
SEPA Credit
SEPA Credit
SEPA Credit Transfer is a secure and efficient way for businesses to make payments within the European Union, streamlining cross-border transactions and simplifying international payments.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
PayPal
Wallets
PayPal is a global leader in online payments, offering businesses a secure and convenient way to accept payments from millions of customers worldwide.
Trustly
Online Bank Transfers
Trustly is a leading global online payment method, allowing customers to make secure and instant payments directly from their bank accounts, enhancing your online checkout experience.
Invoice Payment
Invoice
A document outlining the details of a purchase, including the goods or services provided, the amount due, and payment terms.
Prepayment
Prepayment
A payment method requiring buyers to pay for goods or services upfront before receiving them.
Online Bank Transfer
Online Bank Transfers
A widely accepted payment method, allowing buyers to make payments directly from their bank accounts.
Mastercard
Credit/Debit Cards
Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions
American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
