An all-in-one payment solution for online businesses

In cooperation with Montonio, we offer online businesses one of the most popular all-in-one payment solutions in Estonia, comprising bank payments, card payments, Apple Pay, Google Pay, payment links on invoices, deliveries and refunds.

The solution also supports a range of interfaces, including WooCommerce, Magento, PrestaShop and OpenCart. API options are available for custom solutions.

Plus, we pay business clients a bonus for their use of the payment solution!

Merchant bonus

Sign up for Coop Pank’s merchant bonus and we’ll pay you to use the Montonio payment solution! The bonus fully covers the cost of up to 200 payments per month*, and as the number of payments grows, so does the bonus.

What do I have to do to get the bonus?

  1. Firstly, use Coop Pank as the main bank for your company. If you don’t yet have a business client account, you can open one here.
  2. Next, enter into a merchant bonus agreement with us.
  3. Finally, start using the Montonio online payment solution. Signing up is free of charge and integrating the system is simple. Payments made to you via Montonio should be directed to your company’s account in Coop Pank.

*200 payments per month is an indicative amount. The actual price will depend on the costs you run up in the Montonio payment solution. More detailed information can be found in the terms and conditions.

All online store payment methods from Montonio

Payment methods

In terms of bank payments, majority of all Estonian, Latvian, Lithuanian, Finnish and Polish banks are covered. Mastercard, Visa and American Express card payments are accepted. Buyers can also pay using Apple Pay, Google Pay, Revolut and N26.

Payment links

By automatically appending payment links to your outgoing invoices, you could increase the number of invoices that are paid straight away and reduce the number of debts you have to chase.


Automate refunds via API or do so in the Montonio Partner System with just a couple of clicks.


Centralise your shipping providers in one platform: the module currently includes Omniva, SmartPost, DPD and Venipak deliveries.


API is available for WooCommerce, Magento, PrestaShop, OpenCart, Shopware and custom solutions.

Buy now, pay later

Buyers can pay later in one, two or three equal parts without incurring any additional fees or interest.

For more details, see www.montonio.com

Coop Pank: A convenient and affordable bank for your business

Simple Internet and mobile banks

Whenever and wherever you happen to be, you’ll always enjoy convenient access to your finances with our Internet and mobile banks.

Settlements that are always free of charge

Our Corporate Plan comes with no monthly fee and no account management fee. You can make as many Estonian and European payments as you like in our Internet and mobile banks free of charge.

Grow your money in your current account

The more actively you use our business products and services, the more interest we pay on your money: from 0.5% up to 2.0%.

Your own account manager

A personal account manager is assigned to every one of our business clients, offering you professional advice on your money matters and available at any time.

Flexible investment solutions

Our financing solutions come tailor-made. We listen to what you need and do everything we can to help you turn those ideas into reality.

Integration with other software

Automation of your banking helps you save time and avoid mistakes. The Coop Pank Gateway interface is available in all of the main accounting software used in Estonia.

Merchant bonus – good to know