Overview of the Holvi Business Debit Mastercard

The Holvi Business Debit Mastercard is a traditional debit card that pairs with Holvi’s feature-packed business account. It helps you manage expenses, prep bookkeeping and stay tax ready.

When you buy something using your Holvi Business Debit Mastercard, funds are withdrawn directly from your business account. In other words, to use this card you’ll need sufficient balance on your Holvi account.

 

Managing card settings

To manage your card settings, log in at Holvi.com and go to Account settings > Payment cards. The settings include:

1. Card general info
2. ATM usage
3. Geographical usage
4. Lock and unlock card 
5. Review card PIN
6. Unlock PIN if it's locked
7. Cardholder settings

 

Failed and reserved payments

If your card payment fails, please wait a bit before trying again. Sometimes failed card payments may show up in your Holvi account with a reserved status. 

These transactions will normally expire within 7 business days – but in some cases reservations will apply for 30 days. 

 

Adding receipts and VAT to card payments

Any purchases you make with your card will show up in your Holvi account under Transactions, accessible from the main menu. From this page, you can edit transactions individually or in bulk, and recategorise transaction as you like. This is also where you can also add photos of receipts. 

The easiest way to add receipts, VAT or bookkeeping notes to a transaction is to open the push notification. This opens the Holvi mobile app, where you can snap a photo of your receipt and add any extra details. 

However, you can also upload a receipt and add VAT later by navigating to the transaction. Simply:

• Go to Transactions, then select a payment and attach a receipt or click the Attachments tab (when viewing an individual transaction)

 

Spending and withdrawal limits

	Card purchase limits (in-store and online)	ATM withdrawal limits
Min. transaction amount	–	€10
Max. transaction amount	€7,500	€3,000
Daily volume limit	€7,500	€3,000
Last 30 days volume limit	€40,000	€15,000
Last 365 days volume limit	€300,000	€75,000
Daily max frequency	30	10
Last 30 days max frequency	150	30
Last 365 days max frequency	2000	360

Note: In this table the 'last [X] days limits' do not follow calendar months. Limits are based on the day you made your first card transaction or withdrawal. 

Example:

• Individual cash withdrawals of €3,000 on 15, 17, 19, 20 and 25 January will use up the €15,000 30 days limit
• Based on the last 30-day volume limit, the first payment amount frees up on 15 February, and you then have these €3,000 usable in your 30-day volume limit

You can check your real-time card usage and limits in Holvi, any time.

 

Card limits for contactless payments 

You can find a list for limits of contactless payment in Europe here.

Country / area	Contactless payment limit
Eurozone	€50
Germany	€100 (no transaction limit for mobile payments with 2FA)
Finland	€50
France	€50
Denmark	350DKK
Sweden	200SEK
Spain	No limit (PIN verification necessary over €50 except for mobile payments with 2FA)
United Kingdom	£100
United States	No limit

 

Note: For added security and to make sure your card got into the right hands, we’ve disabled contactless payments until you complete a standard chip and PIN transaction.

 

Online, offline and contactless payments

Online payments

You can use your Holvi Business Debit Mastercard for shopping online. You can manage restrictions for online purchases in your Holvi account under Card settings.

Mastercard® 3D-Secure

We use Mastercard® 3D-Secure authentication to secure online payments made using your Holvi Business Mastercard®. Please read more about the 3DS here.

Connecting to PayPal

If the billing address you use to link a Holvi card to PayPal is different from your home address in Holvi, transactions may be rejected. In other words, it’s not possible to link your Holvi card to PayPal if you have your PayPal country set to Italy and your Holvi country of residence set to Finland. Both addresses must be in the same country.

 

Offline purchases

An offline purchase happens when the payment terminal (point of sale device) has no internet connection – for example, on an airplane or in some taxis if you travel off the grid. Offline purchases are possible with Holvi, but limited to 5 transactions or a maximum of €150.

You can ‘reset’ your offline purchase limit by using your card in an online payment terminal.

 

Contactless payments

To comply with PSD2 regulations, we’ve added an extra security step for when you make numerous contactless payments with your Holvi card. You’ll now be asked to add your card PIN whenever:

• You make more than 5 consecutive contactless payments
• The overall sum of several contactless transactions exceeds €150.00

 

Holvi card & Holvi app

Holvi works best when you use our mobile app together with your Holvi Business Debit Mastercard. You can download the app here.