Iceland · ISK · Airwallex market Online payments for Icelandic transfer companies

Almost every visitor to Iceland lands at Keflavík and needs a transfer or a tour. An Icelandic company can open an Airwallex account locally and take international cards and wallets in TransferArc.

Request a demo 3 gateways

Currency: ISK
Gateways: 3
Local methods: 1

Last verified 11 Nov 2026

In short

3 gateways work in TransferArc for Iceland: Stripe, Airwallex and Revolut Business.
A company registered in Iceland can open a Airwallex account locally. Stripe would need an entity in a country it serves.
PayPal is not available because PayPal does not accept ISK.

Payment market

How Iceland pays

Currency: Icelandic króna (ISK)
Central bank: Central Bank of Iceland
Visitors: Mostly from North America and Europe
Main airport: Keflavík (KEF)

Keflavík is 50 km from Reykjavík, so airport transfers are essential, and many visitors combine them with the Blue Lagoon. Tour transport along the Golden Circle and the south coast completes the picture.

Airwallex lists Iceland as a supported registration location. Stripe does not open accounts for Icelandic companies, and PayPal does not accept ISK.

Payment gateways for Iceland in TransferArc

3 international gateways a transfer company in Iceland can connect today under Finance → Online payments, each with its own merchant account.

International gateways

Stripe

Visa · Mastercard · American Express · Apple Pay · Google Pay

Needs an account registered in a country the gateway serves

About Stripe

Airwallex

Visa · Mastercard · American Express · Apple Pay · Google Pay · Alipay · WeChat Pay

Companies registered here can open an account

About Airwallex

Revolut Business

Visa · Mastercard · American Express · Apple Pay · Google Pay · Revolut Pay

Companies registered here can open an account

About Revolut Business

Compare

Compare payment gateways in Iceland

Gateway	Local methods	Apple Pay	Google Pay	Account for a company in Iceland	TransferArc needs
Stripe	—	✓	✓	Foreign account	Secret key
Airwallex	—	✓	✓	Local account	Client ID, API key
Revolut Business	—	✓	✓	Local account	Public key, Secret key

Local account: open it with a company registered in Iceland. Foreign account: the merchant account must belong to an entity in a country the gateway serves. Payouts: confirm with the gateway.

Use cases

Where online payment helps operators in Iceland

Keflavík airport transfers

To Reykjavík and the Blue Lagoon, paid at booking.

Golden Circle tours

Day transport for independent travellers.

Northern-lights trips

Winter evening tours paid in advance.

Payment methods

How customers in Iceland can pay for a transfer

Cards

Visa · Mastercard · American Express

Wallets

Apple Pay · Google Pay · Alipay · WeChat Pay · Revolut Pay

Local method	Through
Revolut Pay	Revolut Business

Choosing

Which gateway to pick in Iceland

Visitors from Asia or multi-currencyAirwallex: cards, wallets, Alipay and WeChat Pay on its Hosted Payment Page.
Already banking with RevolutRevolut Business: a Merchant account on your Revolut Business account in Iceland takes cards, Apple Pay, Google Pay and Revolut Pay.
No PayPalPayPal does not accept ISK; use a card gateway.

Sources and verification. Gateways, methods and credentials: TransferArc integration register. Local account rules: stripe.com/global, help.airwallex.com/hc/en-gb/articles/4408591334937, help.revolut.com/help/merchant-accounts/setting-up-a-merchant-account/who-can-apply-for-a-merchant-account/business/. Central bank or regulator: Central Bank of Iceland. Last verified 11 Nov 2026.

Logos are the gateways’ own, from their official websites; trademarks belong to their owners. Flag: flag-icons (MIT).

How we research and verify this information

Íslenska

FAQ

Frequently asked questions.

Which payment gateways can a transfer company in Iceland use in TransferArc?

Stripe, Airwallex and Revolut Business. They are connected under Finance → Online payments with your own merchant account.

Can a company registered in Iceland open a Stripe account?

No. Iceland is not on Stripe’s list of supported countries; Airwallex accepts companies registered there.