Payment Methods in Finland: How to Send Money Abroad with PandaRemit

Introduction

Finland is a technologically advanced European country with a highly digitized financial system. Understanding payment methods in Finland is essential for residents, expatriates, and businesses seeking convenient ways to manage both domestic and international transactions.

For international remittances, PandaRemit provides a secure, fast, and low-cost way for Finns to send money abroad.

Why Payment Methods Matter in Finland

Payment methods impact convenience, efficiency, and accessibility. While cash use has declined, cards and mobile wallets dominate everyday transactions. For cross-border transfers, residents require reliable solutions to ensure money reaches recipients quickly and safely—this is where PandaRemit excels.

Country Stats

• Population: ~5.5 million

• GDP (USD): $317 billion

• Currency: Euro (EUR)

Country Overview Table

Main Local Payment Methods in Finland

1. Cash

Cash is now used less frequently, mostly in small rural shops or for minor transactions. Finland is one of the most cashless societies in Europe.

2. Credit and Debit Cards

Visa and Mastercard are widely accepted. Contactless and chip-and-pin payments are standard, making cards the most common payment method.

3. Mobile Wallets and Digital Banking

Mobile payment platforms like MobilePay, Apple Pay, Google Pay, and online banking apps are widely adopted, especially among younger and tech-savvy users.

4. Bank Transfers

Bank transfers (SEPA) are frequently used for salaries, bills, and recurring payments. Online banking in Finland is highly secure and user-friendly.

International Transfers from Finland

Domestic payments are efficiently handled through cards, mobile wallets, and online banking. However, many residents need to send money internationally, whether for family, education, or business purposes. Traditional banks can be slow and expensive for these transfers.

PandaRemit offers a modern alternative:

• Lower fees than traditional banks

• Fast transfers, often processed within hours

• Secure and regulated, giving peace of mind

Using PandaRemit, sending money internationally from Finland is simple, reliable, and cost-effective.

How to Pay in Finland 

FAQ

1. Is PayPal available in Finland?
Yes, but most residents prefer cards or mobile banking apps for daily payments.

2. Are credit cards widely accepted?
Yes, almost all retailers, restaurants, and online services accept major credit cards.

3. Do people still use cash?
Cash is rare, mostly limited to small shops or rural areas.

4. How can foreigners pay easily in Finland?
International cards, MobilePay, and online banking apps are convenient options.

5. How to send money internationally using PandaRemit from Finland?
Register on PandaRemit, select the recipient country, input recipient details, and complete the payment securely using local methods.

Conclusion

Finland has a highly digitalized payment ecosystem, including cards, mobile wallets, and online banking. While domestic transactions are seamless with these methods, PandaRemit provides the best solution for international remittances, offering speed, security, and affordability for sending money abroad from Finland.