banklinq is helping international Merchants reach new consumers in the Baltics with a single solution that covers all relevant banks. Let your Baltic consumers pay with their favorite payment method today.

Features

Access to New Markets

The Baltics’ e-commerce transaction volume is estimated to reach €3B in 2024. Increase your conversion by allowing your customers to pay via their preferred option.

Largest Bank Coverage in Baltics

banklinq offers access to 95% of the leading financial institutions in the Baltics, including major traditional and challenger banks.

One Product — Access to 3 Countries

Easy integration of just one payment option to reach consumers in all Baltic countries, allowing them to make simple, seamless payments.

Covering Full Value Chain

Efficient market entry without being caught up in red-tape—banklinq experts will effectively navigate the local regulatory landscape, processing, and more.

65%

of Baltic shoppers prefer to pay via online banking

6M

people reached in the Baltics

€3B

E-commerce volume in 2024

10-15%

YoY e-commerce growth in the region

Frequently Asked Questions
Why is it worth using banklinq?

banklinq provides a reach to a broader client base in the Baltics, one of the fastest-growing e-commerce regions in Europe, by offering shoppers a familiar way to pay. banklinq local payment option is fast and convenient, covering the region’s largest number of major traditional and challenger banks.

What are the benefits of Open Banking?

Open Banking enables consumers to control their financial data, meaning that consumers can share it with licensed and regulated businesses as they wish, oftentimes exchanging it for new services or a more convenient digital experience.

This opens up access to financial data, enabling innovation and increasing competition in the financial services industry. Payment data access is processed within a reliable and secured system, compliant with regulatory licenses, adhering to the EU directives. Businesses can leverage the access to financial data to improve their offering with a unique, personalized experience, and offer new services that haven’t been possible before. Open Banking also allows solving different persisting or recurring problems that customers might go through.

How do consumers pay with banklinq on my e-shop?

Consumers choosing banklinq in your checkout will be redirected to a bank selection page where they choose and get redirected to their bank. They log in with their existing bank credentials and approve the payment. You will be informed once the consumer has finished the payment immediately.

How can I integrate banklinq?

banklinq is a service offered by Nikulipe, a Fintech specializing in local payment options, based and licensed in Lithuania. Nikulipe has partnerships with a growing number of PSPs (Payment Service Providers) that offer easy and fast possibilities for Merchants to offer banklinq as a payment method.

Which banks operating in the Baltics does banklinq cover?

With banklinq you can reach consumers of 95% of the relevant Baltic banks, including large and smaller retail banks as well as the main challenger banks. This allows you to reach millions of consumers throughout Lithuania, Latvia, and Estonia who have access to an account at one of the following banks:

  • Lithuania — SEB, Swedbank, Luminor, Revolut, Citadele, Šiaulių Bankas, Medicinos Bankas, LKU
  • Latvia — SEB, Swedbank, Luminor, Revolut, Citadele
  • Estonia — SEB, Swedbank, Luminor, Revolut, LHV Pank, Coop Pank
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Want to work together? Get in touch.

banklinq experts will provide insights about expanding your e-commerce business in the Baltics market by integrating the biggest selection of local payment options in the region.

Partners inquiry