Banking built
for the digital era

Magnetiq Bank is a rapidly growing fintech bank with 15+ years of experience, delivering secure, API-first banking infrastructure for fintechs, eCommerce, and businesses.

Innovating finance with trust
and growth

Vision

To become one of the leading fintech banks in Europe.

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Customer inserts a Visa card into a payment terminal, with SEPA Instant, TARGET transactions, and SWIFT payment method badges displayed above.

Mission

To provide secure, technology-driven banking solutions that empower businesses to grow with confidence.

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Woman using a laptop while holding a card, with platform badges (OpenCart, PrestaShop, Magento, WooCommerce and 10+) and payment options (Visa, Mastercard, Apple Pay) shown.

Values

  • Teamwork
  • Innovation
  • Responsibility
  • Loyalty
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Hand holding a smartphone displaying a digital banking app, with badges highlighting features like SaaS, payment facilitation, Equated monthly instalment and third-party provider support.

Experts shaping banking’s future

Signet Bank owns 100% of Magnetiq Bank shares

Key achievements
that define us

€34.6 million

Capital and reserves

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1000+

Companies already use
our products

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10+

Countries with local acquiring

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€152,3 million

Assets

Black bank icon.

100+

Currencies & methods support

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160

Professionals on
the team

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	// Create new payment
	$response = $api->Payment(array(
		'AutoDeposit' => 'true',
		'Payment' => array(
			'Mode' => 4
		),
		'Order' => array(
			'ID' => 'product_id_' . microtime(),
			'Amount' => 100, // In minor units, thus 100 equals 1.00 EUR
			'Currency' => 'EUR',
			'Description' => 'Test transaction'
		),
		'Card' => array(
			'Number' =>'5186001300001016', // 13-19 digit number
			'Name' => 'test', // Under 50 utf8 chars
			'Expiry' => '3012', // First year, then month
			'CSC' => '999' // Exactly 3 digits
		),
		'RemoteAddress' => '8.8.8.8' // This MUST be cardholders IP
	));

	echo "Created new payment:\t\t" . $response->asXML() . PHP_EOL;

	// Get payments status
	echo "Got status by payments id:\t" . $api->GetPayment(array(
		'Payment' => array(
			'ID' => $response->Payment->ID
		)
	))->asXML() . PHP_EOL;

}
catch (SoapFault $ex) {
	echo 'SOAP EXCEPTION: ' . $ex->faultcode . ' - ' . $ex->faultstring . PHP_EOL;
}

curl -v -X POST http://127.0.0.1:8010/api/v3/soap \
-H 'Content-Type: text/xml;charset=UTF-8' \
-H 'SOAPAction: urn:GetPayment' \
-d '
<soapenv:Envelope
	xmlns:soapenv="http://schemas.xmlsoap.org/soap/envelope/"
	xmlns:urn="urn:Gateway"
>
<soapenv:Header/>
<soapenv:Body>
	<urn:GetPaymentRequest>
		<INTERFACE>3718442</INTERFACE>
		<KEY_INDEX>1</KEY_INDEX>
		<KEY>xZcu1wHa+itpJAhfMgeQOij7Ow6rFqk75X1pDENdp/IX1ZIuNFWyQIfsj10amhwFlXsQMsJ840dDVCzzk71b5RJeg/+HozTov+droIw2G0jcYrp9kFEhTS+pm+DSD9J+mVtlupsC9a1xsHl4rEeH2sI9HzSjMe+6hBfib82mbOw=</KEY>
		<DATA>0ll4YkF8ovO+0ZmxhGn0GDV/RE5A9weWdcjXl8XFMIhlxxVQWazDsSw3ICBCQbcAfysJlWp+og/8wKt+vs2iU7q4x85dnNROgSIb/UixM/bapxukQaVAFJDIuwdrnRnggiz5SWPvm5JmnB29rl3fbkTibVJ2QiY=</DATA>
		<SIGNATURE>iQWaErG9kZeCggVTm6FJtSw2ZWqgt0UYw9W+KUIK0qBbZeUaOkyk7b7nGkm+sN6McmVt+ues1eoLNzzp4qKfWnEawkp/6ChyZex687FEs5G8KOw/6gRxqNaGKTaslA6R4j4MEbCz4+2rkHF7y3HGA07N11iEq+lafoe+YfJyEQk=</SIGNATURE>
	</urn:GetPaymentRequest>
</soapenv:Body>
</soapenv:Envelope>'

// Create new payment
final PaymentResponse response = api.Payment(new DataType() {{
		PaymentType payment = new PaymentType() {{
				setMode(4); // SOAP payment, non-3d secure
		}};

		OrderType order = new OrderType() {{
				setID("product_id_" + new Date().getTime()); // Must be unique for every payment
				setDescription("Test transaction");
				setAmount(100); // In minor units, thus 1.00 EUR
				setCurrency("EUR"); // In ISO alpha3 format
		}};

		CardType card = new CardType() {{
				setName("Lorem Ipsum"); // Not longer than 50 chars
				setNumber("5444870724493746"); // 13-19 digits
				setExpiry("3012"); // Must be in future
				setCSC("999"); // 3 digits
		}};

		setAutoDeposit(true); // Capture right after authorization
		setPayment(payment);
		setOrder(order);
		setCard(card);

		setRemoteAddress("8.8.8.8"); // Clients IP address
}});

System.out.println("Created new payment:\t\t" + response);

// Get payments status
final PaymentResponse status = api.GetPayment(new DataType() {{
		setPayment(new PaymentType() {{
				setID(response.Payment.ID);
				setMode(4);
		}});
}});
System.out.println("Got status by payments id:\t" + status);

	# Create new payment
	response = api.Payment({
		'AutoDeposit': True,
		'Payment': {
			'Mode': 4
		},
		'Order': {
			'ID': 'product_id_' + str(time.time()),
			'Amount': 100,  # In minor units, thus 100 equals 1.00 EUR
			'Currency': 'EUR',
			'Description': 'Test transaction'
		},
		'Card': {
			'Number': '5186001300001016',  # 13-19 digit number
			'Name': 'test',  # Under 50 utf8 chars
			'Expiry': '3012',  # First year, then month
			'CSC': '999'  # Exactly 3 digits
		},
		'RemoteAddress': '8.8.8.8'  # This MUST be cardholders IP
	})

	print("Created new payment:\t\t", response)

	# Get payments status
	status = api.GetPayment({
		'Payment': {
			'ID': response['data']['Payment']['ID']
		}
	})
	print("Got status by payments id:\t", status)

except Exception as ex:
	print('SOAP EXCEPTION:', ex)

// Create new payment
let request = {
    AutoDeposit: true,
    Payment: {
        Mode: 4
    },
    Order: {
        ID: 'product_id_' + new Date().getTime(),
        Amount: 100,
        Currency: 'EUR',
        Description: 'Test transaction'
    },
    Card: {
        Number: '5186001300001016',
        Name: 'test',
        Expiry: '3012',
        CSC: '999'
    },
    RemoteAddress: '8.8.8.8' //Cardholder IP address
};

api.Payment(request, (response) => {
	console.log('Created new payment:', response);

    api.GetPayment({
            Payment: {
                ID: response.data.Payment.ID
            }
        },
		(status) => {
            console.log('Got status by payments id:', status);
        })
});

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Fintech, eCommerce,
and payment solutions

Launch, manage, scale and sell your product with licensed banking infrastructure

Begin your journey with us

Principal members
of VISA & MasterCard

Cooperation directly with Visa and Mastercard allows our clients to be more flexible in payment operations

Easy to use API

Easily connect and manage. Stay informed about any changes in the system through Webhook notifications

Driven by
talented team

You'll work with technical support and managers who know everything about your task and truly want to support you

Begin your journey with us

Partner with us
for innovation

The people
behind Magnetiq

Every solution we create is backed by a dedicated team of professionals — from compliance experts to technologists — shaping smarter ways for businesses to grow.

Great products are developed

in a great collaboration

Our business is built on online sales transactions, so it's crucial to have a reliable financial specialist with shared values, a comprehensive portfolio of e-commerce tools, and payment processing solutions by our side. We thank Magnetiq Bank for its efficiency, precision, and innovative approach to problem-solving.

Magnetiq Bank offers all the necessary tools and payment solutions tailored to meet even the most demanding client’s needs. All inquiries and suggestions are handled within the agreed timelines. The bank’s payment instruments deliver high conversion rates—on average 10% higher than other providers.

Magnetiq Bank e-commerce solutions enabled DiscoverCarHire.com to start operations quickly and serve customers worldwide. The platform’s convenience and reliability, combined with the bank’s professional team, have supported our growth and competitiveness in the global market for many years.

Magnetiq Bank has provided reliable solutions for the entire spectrum of financial services used in crowdfunding and has rapidly advanced in banking technology. We are delighted to have them as partners and believe in a mutually beneficial collaboration rooted in next-generation technologies.