How do I integrate Bank-link (Swedbank + SEB + LHV + Coop Pank) in Magento?

Bank-link (pangalink) is Estonia’s A2A (account-to-account) payment standard, not a card scheme. It’s a 4-bank network where the customer is redirected to their own internet bank (Swedbank / SEB / LHV / Coop Pank), authenticates with Smart-ID / Mobile-ID / ID-card, and approves the transfer in one click. Settles next business day, fees are €0.10, €0.30 per transaction (vs 1.5-3% for cards).

~60-70% of Estonian e-commerce checkouts use Bank-link. Without Bank-link support, you lose more than half your conversions.

Magento integration options:

• Direct Bank-link, each bank issues you a merchant agreement + RSA key pair. You sign requests with your private key, the bank verifies with the public key, signs the response with theirs. We implement this per-bank.
• Maksekeskus aggregator, one contract, one integration, all 4 banks plus cards + Apple Pay + Google Pay. Easier to start with; ~1.5% fee on top of bank fees. Has a Magento 2 module + REST API.
• Paysera, Lithuanian PSP that also bundles Estonian Bank-link. Cheaper for smaller volumes, EU-wide coverage.

We usually wire Maksekeskus first (fastest go-live), then add direct Bank-link once volume justifies the negotiation.