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Danske Bank renews Pan Baltic Frame agreement with Nets

Press release

​(Tallinn, 6. October 2016) The Pan-Baltic frame agreement between Danske Bank and Nets has been renewed. The new frame agreement opens up for interesting new services for Danske Bank merchants, who will be granted access to the new online Nets Merchant Portal.

​"In cooperation with Nets, Danske Bank offers a harmonized and single-platform- based card acquiring service to our customers, as the first one in the market. Danske Bank offers full scale banking services to local and international corporate customers, and the new service helps us saving money due to less complexity and easy administration. At the same time, it improves visibility across the Baltic countries," says Head of Cards Danske Bank Estonia, Virgu Kirss.


Danske Bank and Nets have more than 45 years of strategic partnership around cards and payments processing in the Nordic countries and more than 20 years in Estonia, and the partnership was expanded into Latvia and Lithuania with acquiring in 2014.


Other new services as e.g. recurring card payments, will also be made available for Danske Bank E-commerce merchants, thereby making periodic payments and subscription based payments much more convenient for both the end-customer as well as the merchants.


"Danske Bank is a treasured partner of Nets in all the countries we do business together, and we value this partnership highly. Nets is expanding its business in the Baltic countries rapidly these years, where we invest heavily in innovation, stability and security. We are satisfied with the fact that we are able to keep our existing customers happy and also expand the business with them at the same time through mutual innovation," says Head of Baltic region in Nets Henrik Anker Jørgensen.



About Danske Bank

Danske Bank is one of the leading financial groups in Northern Europe offering all international and local banking services. The Bank has 3,8 million clients and 354 branches in 15 countries. Danske Bank was established in 1871 and currently employs more than 19,000 people. Find out more about Danske Bank:


About Nets

At Nets, we specialise in powering digital payments. We connect banks, businesses and consumers via an international network facilitating digital payments. Spanning across the Nordic region and the Baltic states, we provide a broad range of card services, account payment services and merchant payment solutions. We offer great payments, great ideas, great network - delivered by great people. Read more at







For further information, please contact:

Raivo Tinn, Country Senior Executive in Nets Estonia AS,
Phone:+372 671 1423

Henrik Anker Jørgensen, Head of Baltic region in Nets
Phone:+45 2948 23 58

Virgu Kirss, Head of Cards Danske Bank Estonia Branch
Phone:+372 6 752 224