Acquiring – turning card payments into money
Swedbank Pay acquiring is what ensures that the money from your card transactions actually reaches your account. Swedbank Pay currently handles more than half of all card transactions in Sweden.
How does card acquiring work?
When a customer pays with a card in-store or online, the payment is routed through card networks such as Visa and Mastercard. Card acquiring is the agreement that connects everything — it allows Swedbank Pay to receive the transaction, verify that the payment is approved, and transfer the money to your account.
Simply put: you sell, the customer pays, and we make sure you get your money.
Why you should choose Swedbank Pay
- Money in your account as soon as the next banking day
- Sweden’s largest card acquirer with over 35 years of experience
- Support for all common cards – Visa, Mastercard, American Express, and more
- Full overview of all transactions in our free business portal
With us, you get a reliable partner who ensures everything works smoothly behind the scenes — quickly and securely.
Everything is connected
Card acquiring works together with our other payment services — such as payment terminals and online payments — to create a complete payment flow. You can start with what you need today and grow with us as your business grows.
Where Do You Meet Your Customers?
We offer card acquiring for all types of customer encounters. Which ones suit your business?
- Online (e-commerce) - reach customers worldwide and offer payments in their own currency, secured with 3D Secure.
- Card terminals - accept payments in-store, restaurants, at markets, or anywhere else and receive the funds quickly into your account.
- Automated machines - provide customers with a smooth purchasing experience even when you're not present.
- Phone orders - for those who meet and sell to customers over the phone.
You can purchase acquiring as a standalone service or together with our other products, such as a card terminal or e-commerce payment solution.
Manage your acquiring with Merchant Portal
With our card acquiring service, you also get access to Merchant Portal — a free web-based tool where you can manage your acquired card transactions.
Supported Cards
Supported Cards
You can accept all the most common cards with Swedbank Pay.
- Mastercard
- Visa
- American Express
- Diners & Discover
- JCB
- UnionPay
- and more
Customers with cards supporting contactless payments can tap their card at all our card terminals. It's just as easy to tap their mobile phones, smartwatches, or other devices with contactless payment.
How to get started
Sign a card‑acquiring agreement with us, and we’ll help you connect it to your payment terminal or e‑commerce solution. We’ll also help you get started with our business portal, Merchant Portal, where you get full visibility into all your transactions.
