The payment processing industry in Finland is facing a period of uncertainty as the prospects of Zimpler, a major payment option, remain unclear. Zimpler, which is owned by Swedish FinTech company Klarna, has been a popular payment option in Finland for several years. However, the company recently announced that it would be suspending its services in the country due to regulatory issues. This has caused concern among Finnish consumers and businesses who rely on Zimpler for their payment processing needs.

The issue stems from the fact that Zimpler is not currently licensed to operate in Finland. The company has applied for a license from the Finnish Financial Supervisory Authority (FIN-FSA), but the process is taking longer than expected. This has caused Zimpler to suspend its services in Finland until it can obtain the necessary licensing.

The uncertainty surrounding Zimpler’s prospects in Finland has caused some concern among Finnish consumers and businesses. Without Zimpler, many Finnish consumers and businesses will have to find alternative payment processing options. This could lead to higher costs and more complexity for those who rely on Zimpler for their payment processing needs.

At the same time, there are some potential benefits to the suspension of Zimpler’s services in Finland. For one, it could open up the market to other payment processing companies. This could lead to increased competition and potentially lower costs for consumers and businesses. Additionally, it could also lead to more innovation in the payment processing industry in Finland, as companies look for ways to differentiate themselves from their competitors.

Overall, the prospects of Zimpler as a payment option in Finland remain uncertain. The company is currently awaiting approval from the FIN-FSA before it can resume operations in the country. In the meantime, Finnish consumers and businesses will have to find alternative payment processing options until Zimpler’s future is determined.