MakeCommerce
MakeCommerce is a payment collection platform serving over 6,500 e-commerce merchants across Lithuania, Latvia, Estonia, and Finland. It provides unified integration to Baltic banks, card networks, POS terminals, shipping logistics, and merchant lending through plugins and APIs.
- Company typePrivate
- Founded2012
- HeadquartersVilnius, Lithuania
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What MakeCommerce does
MakeCommerce is a payment collection platform serving e-commerce merchants across Lithuania, Latvia, Estonia, and Finland. The platform provides a unified integration that consolidates access to all major Baltic banks (Swedbank, SEB, Luminor, Citadele, Šiaulių Bankas), card networks (Visa/MasterCard), and alternative payment methods including payment initiation services (MIP), Bank Link, Apple Pay/Google Pay, Click to Pay, installment payments via Inbank (MOKI3), and Kniks gift cards. The company operates as a licensed payment institution, registered as a VISA Merchant Agent and MasterCard Payment Facilitator, with PCI DSS-compliant processing infrastructure.
The technology stack centers on pre-built plugins for six major e-commerce platforms (WooCommerce, Shopify, Magento 2, OpenCart, PrestaShop, Wix) and a publicly documented API for custom integrations. Beyond payments, MakeCommerce offers parcel locker and courier integration (Omniva, SmartPOST, LP Express, DPD), POS card terminals and SoftPOS mobile applications, i.EKA smart cash registers compliant with Lithuanian Tax Inspectorate (VMI) requirements, merchant business loans, and subscription/recurring payment tools. A proprietary automatic failover mechanism switches from MIP to Bank Link when payment initiation services experience technical issues. The company reports 6,000-6,500 e-commerce merchant customers and distributes through a partner program targeting web development agencies and freelancers.
Revenue is generated primarily through per-transaction commissions (1.5% for payment initiation and gift cards; 2.3%+€0.19 for card payments, installments, and Bank Link fallback) plus monthly POS terminal rental fees (€13-€49) and subscription fees for cash register software and the Pristatymas+ Pro shipping plan. MakeCommerce is a brand operated by Maksekeskus AS, an Estonian fintech company headquartered in Tallinn with a Lithuanian office in Vilnius. In February 2022, Luminor Bank signed an agreement to acquire Maksekeskus AS, though post-acquisition ownership details are not disclosed in current source material.
MakeCommerce firmographics
Firmographics- Name
- MakeCommerce
- Legal name
- Maksekeskus AS
- Website
- https://makecommerce.lt
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MakeCommerce is a payment collection platform serving over 6,500 e-commerce merchants across Lithuania, Latvia, Estonia, and Finland. It provides unified integration to Baltic banks, card networks, POS terminals, shipping logistics, and merchant lending through plugins and APIs.
- Ownership category
- akta.pro rank
Where MakeCommerce is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices2 records
Markets served
MakeCommerce business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment transaction fees: Commission charged per successful payment transaction. Rates vary by payment method: 1.5% for payment initiation, 2.3% + 0.19 EUR for card payments, 2.3% + 0.19 EUR for Inbank installment payments, 1.5% for Kniks gift cards, 2.3% + 0.19 EUR for Bank Link (as backup). Monthly fees are free for e-commerce payments.
- POS terminal rentals and transactions: Monthly rental fees for POS terminals (13 EUR/month for most models) plus per-transaction fees of 0.95% + 0.02 EUR. i.EKA models have monthly fees of 14-49 EUR + VAT plus transaction fees of 0.95% + 0.02 EUR.
- Cash register software (i.EKA): Monthly fees for cash register functionality from third-party providers (Čekis/EPS): from 16 EUR/month for basic administrative features to higher tiers with advanced analytics and loyalty programs.
- Pristatymas+ shipping service: Flat-rate shipping fees for parcel deliveries with no monthly fee for basic plan. Pro plan charges 5 EUR/month plus 0.05 EUR per shipment after first 100 free shipments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Payment Initiation (MIP) - 1.5% per transaction |
| Transaction based/ take rate | Pay-as-you-go | Card payments (Visa/MasterCard) - 2.3% + 0.19 EUR |
| Transaction based/ take rate | Pay-as-you-go | Bank Link (fallback) - 2.3% + 0.19 EUR |
| Transaction based/ take rate | Pay-as-you-go | Installment payments (Inbank/MOKI3) - 2.3% + 0.19 EUR |
| Transaction based/ take rate | Pay-as-you-go | Kniks gift cards - 1.5% |
| Subscription | Monthly | POS rental (Portless/Move/Desk) - 13 EUR/month + 0.95% + 0.02 EUR per transaction |
| Subscription | Monthly | i.EKA (Ingenico Move 2600) - 29 EUR/month + 0.95% + 0.02 EUR per transaction |
| Subscription | Monthly | i.EKA (PAX 920 PRO) - 14 EUR/month + 0.95% + 0.02 EUR per transaction |
| Subscription | Monthly | i.EKA (SUNMI P2) - 29 EUR/month + 0.95% + 0.02 EUR per transaction |
| Subscription | Monthly | i.EKA (SUNMI P3 MIX) - 49 EUR/month + 0.95% + 0.02 EUR per transaction |
| Transaction based/ take rate | Pay-as-you-go | SoftPOS (phone-based) - 0.95% + 0.02 EUR per transaction |
| Unit Pricing | Pay-as-you-go | Pristatymas+ (shipping) - flat rates, no monthly fee |
| Subscription | Monthly | Pristatymas+ Pro - 5 EUR/month + 0.05 EUR per shipment after 100 free |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
MakeCommerce product offering
Product offeringCore offering
MakeCommerce is a payment collection platform provider operating in the Baltic region, offering a unified payment gateway that connects merchants to multiple banks and payment methods through a single integration. The company provides payment processing solutions for e-commerce merchants, point-of-sale (POS) systems for retail, and complementary services such as e-commerce/integration tools and delivery services, all branded under the Maksekeskus parent entity.
Product overview
MakeCommerce is a payment collection platform provider operating in the Baltic region (Lithuania, Latvia, Estonia, and Finland). The platform offers a unified API/plugin-based architecture that enables e-commerce merchants to accept all major payment methods through a single integration. The core offering centers on payment initiation services (MIP), Bank Link, and card payments (Visa/MasterCard). The product portfolio extends through multiple integrated modules: POS hardware solutions (traditional terminals, SoftPOS app, and i.EKA smart cash registers), shipping/logistics integration (Pristatymas+, Shipment Manager V2, parcel locker integration with Omniva/SmartPOST/LP Express/DPD), alternative payments (Apple Pay/Google Pay, Click to Pay, installment payments via Inbank, Kniks gift cards, payment links, subscription payments, donation collection), and business financing. The platform provides native plugins for major e-commerce platforms (WooCommerce, Shopify, Magento, OpenCart, PrestaShop, Wix) and a documented API for custom integrations.
Differentiator
Problem solved
Functional benefit
Products and services
- MakeCommerce Payment Gateway
Quantifiable outcome
- Single integration replaces up to 20 separate payment method integrations with different banks
- +2 more outcomes
Companies that use MakeCommerce
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
MakeCommerce technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
Feature6 records
MakeCommerce partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- ShopifycoreNative Shopify payment module integration allowing merchants to accept payments directly within Shopify's checkout environment without redirects. Each payment method (cards, banks, etc.) is deployed as a separate app in Shopify App Store.
- WorldlinecoreWorldline provides POS terminal hardware for MakeCommerce. They handle delivery, setup, and provide usage guides and initial training for merchants. Technical support for card readers is provided by Worldline's customer support centers in Lithuania, Estonia, and Latvia.
- VeriffcoreVeriff provides identity verification services for KYC compliance. When new merchants require identity verification, MakeCommerce sends them a unique link to Veriff's platform where they can verify their identity remotely using a computer or smartphone with camera.
- Inbank (AS Inbank filialas)coreInbank provides installment payment services (MOKI3/Inbank 3) enabling buy-now-pay-later functionality. Customers can pay in 3 interest-free installments if paid on time, or up to 24 months with interest. Inbank handles the credit agreement with customers.
- OmnivacoreOmniva parcel locker and courier integration through the Pristatymas+ module. Merchants can register shipments and print labels directly from their e-commerce platform. Omniva is the flagship partner displayed on the homepage.
- WooCommercecoreFree WooCommerce plugin available for payment acceptance and delivery integration.
- WixcoreWix App Marketplace integration available for both payments and delivery (Pristatymas+) through dedicated MakeCommerce apps.
- Čekis (EPS LT)coreČekis provides cash register software for SUNMI P2 and SUNMI P3 MIX i.EKA terminals. Technical support and servicing for these models is provided by Čekis.
- EPS LTcoreEPS LT provides technical support for Ingenico 2600 i.EKA terminals.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
MakeCommerce competitors and assessment
Company assessmentBroad incumbents
- Checkout.com: Global payment gateway offering card acquiring and orchestration, increasingly targeting European SMBs and enterprise merchants across multiple geographies including the Nordics.
- Adyen: Global payments platform offering unified card acquiring, POS and e-commerce processing for large merchants. Represents the enterprise-scale incumbent threat to regional orchestrators like MakeCommerce.
- Mollie: European multi-payment-method gateway offering a single-integration model similar to MakeCommerce's value proposition, primarily in Benelux and DACH but expanding across European SMB e-commerce.
- Stripe: Global payment gateway and orchestration platform serving e-commerce merchants worldwide. Increasingly competes for Baltic and Finnish merchants with developer-friendly APIs and standardised card/wallet acceptance.
- Worldline: European payments incumbent and MakeCommerce's POS hardware partner; also competes in merchant acquiring and payment processing across the Baltics, making it both partner and indirect competitor.
Emerging players
- Klarna: Swedish BNPL leader providing installments and pay-in-3 products that compete with MakeCommerce's Inbank/MOKI3 offering for Baltic merchants seeking consumer credit at checkout.
Direct peers
- Paysera: Lithuania-based payment processor serving the Baltics with multi-bank payment acceptance, card acquiring and merchant services — a direct competitor to MakeCommerce in the same regional e-commerce payment market.
- EveryPay: Estonian/Lithuanian payment gateway offering card acquiring, bank links and e-commerce checkout for Baltic merchants — competes head-on with MakeCommerce in the same geographies.
- Trustly: European account-to-account payment specialist focused on bank-payment rails across the Nordics and wider Europe — directly comparable to MakeCommerce's Bank Link and MIP products.
- Montonio: Estonian BNPL and payment solutions provider for Baltic e-commerce merchants, overlapping with MakeCommerce on installment payments (via Inbank) and shop-checkout integrations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MakeCommerce compliance and trust
Trust signalCompliance3 records
MakeCommerce financial estimates
Financial estimateRevenue estimate
Valuation estimate
MakeCommerce leadership team
Management profileNumber of profiles
MakeCommerce funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MakeCommerce M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MakeCommerce
What does MakeCommerce do?
MakeCommerce is a payment collection platform provider operating in the Baltic region, offering a unified payment gateway that connects merchants to multiple banks and payment methods through a single integration. The company provides payment processing solutions for e-commerce merchants, point-of-sale (POS) systems for retail, and complementary services such as e-commerce/integration tools and delivery services, all branded under the Maksekeskus parent entity.
Is MakeCommerce a public or private company?
MakeCommerce is a private company. It is classified as corporate owned and is currently operating.
When was MakeCommerce founded?
MakeCommerce was founded in 2012. It employs 11 to 50 people.
Where is MakeCommerce based?
MakeCommerce is headquartered in Vilnius, Lithuania, in the Europe region.
How does MakeCommerce make money?
Four revenue lines are on record. Payment transaction fees are the primary driver. The others are POS terminal rentals and transactions, cash register software (i.EKA) and pristatymas+ shipping service.
Who are MakeCommerce's main competitors?
Broad incumbents on record are Checkout.com, Adyen, Mollie, Stripe and Worldline. Klarna is listed as an emerging player. Direct peers are Paysera, EveryPay, Trustly and Montonio.
Does MakeCommerce have an API?
Yes. MakeCommerce provides a publicly available and well-documented API that allows merchants to create custom integrations. The API supports payment processing, transaction management, refunds, and shipping integration. API credentials (Shop ID and Secret Key) are obtained through the merchant portal under Settings > API. XML account statements are provided in ISO 20022 camt.053 format. Supported payment methods via API include Bank Link, payment initiation, card payments, and refunds. Developer documentation is at developer.makecommerce.net.