Money, cards and MobilePay
Finland uses the euro and most payments are made by card or phone. Which cards work, where cash is still needed, whether visitors can use MobilePay and whether to tip.
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Will euro banknotes get a new design?
Yes, but not yet.
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What was average inflation in Finland in 2025?
Very low.
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What is the inflation rate in Finland?
According to Statistics Finland, consumer prices rose 2.5% from a year earlier in September 2026, up from 2.2% in August.
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Are cheques still used in Finland?
Finance Finland writes that cheques were adopted in Finland in the 1920s and stayed popular for more than 60 years.
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Do crypto-asset services in Finland need a licence?
Yes.
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Are investment scams common in Finland?
The Financial Supervisory Authority (FIN-FSA) said in September 2025 that the number of investment scams and scam companies had grown significantly in the past year, in Finland and internationally.
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What is the digital euro and can you use it in Finland?
Not yet.
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Can foreigners identify themselves online in Finnish e-services?
Info Norden explains that foreigners can identify themselves electronically in Finland with eIDAS identification methods or the Finnish Authenticator service.
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Do euro transfers from Finland to other EU countries cost more than domestic ones?
No.
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What does a Finnish IBAN bank account number look like?
Finance Finland explains that a Finnish IBAN always begins with FI followed by two check digits.
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How much can a payment reminder cost in Finland?
Under the Finnish Debt Collection Act, a written payment reminder sent to a consumer may cost at most 5 euros.
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What is the late payment interest rate in Finland?
The Bank of Finland announced that the reference rate under the Interest Act is 2.5% for 1 July to 31 December 2026.
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How can you tell euro banknotes apart?
The European Central Bank explains that the higher the value, the larger the note.
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Does a Finnish identity code give you a municipality of residence?
No.
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Do you need ID to pay more than 3,000 euros in cash in Finland?
Under the EU Anti-Money Laundering Regulation, from 10 July 2027 businesses selling goods or services must identify the customer and check their identity when a single cash payment, or linked occasional payments, reach 3,000 euros.
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Do you have to accept a gift card instead of a refund in Finland?
If the product is defective, no.