LHV Pank

LHV Pank is an Estonian bank, operating as AS LHV Pank from Tallinn, that offers business accounts and card acquiring for merchants. Its acquiring service covers both physical points of sale and online stores.

Card acceptance The bank accepts Visa and Mastercard in shops and online. It also supports Apple Pay and Google Pay, payment links and recurring charges, which makes it relevant for subscription businesses as well as retail. The services listed are POS acquiring and e-commerce acquiring.

Settlement and pricing According to the bank, card revenue is paid out before noon on the following day. Acquiring fees are calculated individually for each merchant, so no standard rate is quoted and a company needs to request an offer based on its turnover and card mix.

Technical partner Nets Estonia acts as the technical partner for terminals, supplying the hardware side of the in-store service, while the bank keeps the merchant contract and settlement.

Who it suits The offer suits Estonian companies that want one bank for accounts and acquiring, with next-day settlement and wallet payments. The head office is at Tartu mnt 2, 10145 Tallinn. Terms for specific legal entities, account types and markets should be confirmed with the bank before applying.