Regional processor · Europe

Does Xendit work in Iceland?

Partly.

Xendit is limited for businesses registered in Iceland: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Limited

Source: Xendit docs: Create account (required documents by country of incorporation) ↗Checked Oct 2026

What a business in Iceland can use

Xendit’s products, for a company incorporated in Iceland.

Accept paymentsNot available

Payments API, payment sessions and links, subscriptions, plug-ins and in-person QR payments. Local methods in Indonesia, the Philippines, Malaysia, Thailand and Vietnam (virtual accounts, e-wallets, QR, direct debit, over-the-counter, BNPL, cards), plus cards and PayNow in Singapore and cards in Hong Kong and Mexico. Not for businesses in Iceland.

Pay people abroadLimited

Payouts via API or batch to bank accounts and e-wallets in 14 corridors: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Mexico, Hong Kong, China, Australia, SEPA (EUR), South Korea, the UK and the US.

Multi-currency accountNot available

Multi-currency balances: businesses in Singapore, Hong Kong and the Philippines can add a USD balance alongside their local-currency balance and convert between them. Not a bank account. Not for businesses in Iceland.

Business cardsNot offered

Xendit does not offer this.

StablecoinsNot offered

Xendit does not offer this.

Yield on idle cashNot offered

Xendit does not offer this.

Xendit fully verifies businesses incorporated in Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Hong Kong and Singapore. Businesses incorporated elsewhere can apply as a foreign entity but get a partial product set (for example, no card acceptance in Indonesia, the Philippines or Thailand). Businesses linked to a prohibited country (Belarus, Cuba, Iran, Myanmar, North Korea, Sudan, and Ukraine's Crimea, Donetsk and Luhansk regions) are rejected, including through a UBO, director or authorised representative from one.

Onboarding confidence: medium. Source: Xendit docs: Create account (required documents by country of incorporation). Everything about Xendit

Alternatives in Iceland

Other providers that serve businesses registered there.

Accept payments

Adyen Airwallex BVNK Checkout.com Creem Dodo Payments FastSpring Gumroad Paddle Payoneer PayPal Polar Rapyd Wise Business Worldpay Flutterwavelimited

Pay people abroad

Adyen Airwallex Bridge BVNK Checkout.com Hyperwallet Payoneer PayPal Rapyd Wise Business Worldpay Flutterwavelimited

Multi-currency account

Adyen Airwallex Bridge BVNK Payoneer PayPal Rapyd Wise Business Flutterwavelimited

Business cards

Adyen Airwallex Bridge Checkout.com Payoneer Rapyd Wise Business Flutterwavelimited Rainlimited

Stablecoins

Bridge BVNK Checkout.com Rapyd Worldpay Flutterwavelimited Rainlimited

Yield on idle cash

Airwallex Bridge BVNK Wise Business

Selling to Iceland

How people there prefer to pay online.

1Visa / Mastercard
2Apple Pay

Stablecoin rules in Iceland

Low riskClear rules

A licensing regime for stablecoins is in force.

Everything about 🇮🇸 Iceland →

Common questions

Does Xendit work in Iceland?

Partly. Xendit is limited for businesses registered in Iceland: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Xendit products can a business in Iceland use?

pay people abroad, with limits.

What are the alternatives to Xendit in Iceland?

Providers that onboard businesses registered in Iceland: Adyen, Checkout.com, PayPal, Worldpay, Airwallex, Wise Business, Payoneer, Hyperwallet and 9 more. With limits: Rain, Flutterwave and Razorpay.