LHV is for the merchant account, it's needed for EveryPay.
Their price structure is not fully pay as you go:
- there're no setup fees; but
- there's a fixed monthly fee—a so called terminal fee of 20EUR; and
- then there're the transaction fees—about 2.2% which is much less (!) competitive than Stripe's fees in the EU—1.4%.
Although I like what I've seen so far, as an app-developer, the fixed monthly fee wasn't acceptable. Plus, interaction with LHV was kind of painful (in this particular case, english was an issue).
Their price structure is not fully pay as you go:
- there're no setup fees; but
- there's a fixed monthly fee—a so called terminal fee of 20EUR; and
- then there're the transaction fees—about 2.2% which is much less (!) competitive than Stripe's fees in the EU—1.4%.
Although I like what I've seen so far, as an app-developer, the fixed monthly fee wasn't acceptable. Plus, interaction with LHV was kind of painful (in this particular case, english was an issue).