Introduction
Sweden has long been a leader in cashless payments, with Swedes embracing digital transactions at a high rate. This article explores the top 10 payment gateways available in Sweden, comparing their features, pricing, and use cases to help businesses make the most informed choice for their online transactions.
1. Swish
Swish is widely used in Sweden, offering instant mobile payments supported by major Swedish banks.
Key Features:
- Real-time mobile payments and instant bank transfers
- High security with BankID verification
- Preferred by a significant portion of Swedish consumers
Fees:
- Minimal transaction fees, varies by business type
2. Klarna
Klarna, a Sweden-based company, is known for its flexible payment options, including “buy now, pay later.”
Key Features:
- Invoicing, pay later, and installment options
- User-friendly checkout experience
- Strong fraud protection and compliance
Fees:
- Custom pricing based on chosen payment solution
3. Nets Easy
Nets Easy provides a comprehensive suite of payment solutions tailored to Swedish eCommerce needs.
Key Features:
- Supports various payment methods, including Swish, credit cards, and invoices
- Fast, user-friendly integration with Swedish eCommerce platforms
- Advanced fraud protection and data encryption
Fees:
- Customized pricing based on transaction volume and business requirements
4. PayPal
PayPal remains a popular payment gateway for Swedish businesses with international customers.
Key Features:
- Multi-currency and global payment support
- Trusted brand with buyer and seller protection
- Integrated with major eCommerce platforms
Fees:
- 3.4% + SEK 3.25 per transaction
5. Stripe
Stripe provides a robust solution for Swedish businesses, particularly for those needing international reach and technical flexibility.
Key Features:
- Extensive API support for custom integrations
- Supports multi-currency, including SEK (Swedish Krona)
- High-level security and fraud detection tools
Fees:
- European cards: 1.4% + SEK 1.80 per transaction
- Non-European cards: 2.9% + SEK 1.80 per transaction
6. DIBS by Nets
DIBS is a well-known payment provider in the Nordic region, particularly suitable for Swedish businesses.
Key Features:
- Customizable checkout pages for local and international transactions
- In-depth analytics and transaction monitoring
- Wide support for Nordic payment methods
Fees:
- Custom pricing options available on request
7. Adyen
Adyen serves Swedish businesses with a high transaction volume, offering extensive customization and support for global payments.
Key Features:
- Supports local options like Swish and international credit cards
- High-level security measures and PCI compliance
- Comprehensive transaction insights
Fees:
- Custom pricing based on business needs and transaction volume
8. 2Checkout (Verifone)
2Checkout is an excellent choice for Swedish businesses with international clientele, offering multi-currency and subscription support.
Key Features:
- Supports over 45 payment methods and various currencies
- PCI Level 1 compliance for secure transactions
- Excellent for subscription-based and recurring billing models
Fees:
- 3.5% + SEK 3.25 per transaction
9. Payson
Payson is a Swedish payment provider focused on small to medium-sized businesses in Sweden.
Key Features:
- Supports local bank transfers, credit cards, and invoicing
- High compatibility with Swedish eCommerce platforms
- User-friendly and quick checkout process
Fees:
- Pricing starts at 2.85% + SEK 2.85 per transaction
10. Trustly
Trustly is ideal for businesses that want to offer direct bank transfers as a payment option for Swedish customers.
Key Features:
- Instant bank transfers without redirecting to external sites
- Secure BankID authentication
- No need for credit or debit card usage, reducing friction for local customers
Fees:
- Custom pricing based on business transaction volume
FAQs
1. Which payment gateway is the most popular in Sweden?
Swish is incredibly popular in Sweden for both online and in-person transactions, particularly for mobile payments.
2. Does Klarna work with international clients?
Yes, Klarna offers international payment options, including invoicing and installments, making it ideal for businesses serving global clients.
3. What’s the best option for recurring billing in Sweden?
2Checkout (Verifone) and Stripe are both strong choices for subscription and recurring billing in Sweden.
4. Are there affordable payment options for startups?
Payson and Swish both offer budget-friendly options that suit small to medium-sized businesses and startups well.
