Maksutieto

Maksutieto is a Finnish term describing information related to a payment or payment transaction. In business and finance, maksutieto comprises data required to process, validate, and reconcile a payment, including both the payer and payment details.

Typical elements of maksutieto include the recipient and payer names and contact information, invoice or reference numbers, the amount and currency, the due date, and the payment method (such as bank transfer, card, or mobile payment). It may also include bank account details (IBAN and BIC/SWIFT), card data in a secureful form, payment status, and timestamps, along with any payment reference, authorization code, or settlement information.

Maksutieto is used in invoicing, accounts receivable, enterprise resource planning (ERP) integrations, and payment processing workflows. It enables merchants, payment processors, banks, and bookkeeping systems to identify payments, authorize transactions, and reconcile them with invoices and ledgers, as well as to detect discrepancies and support financial reporting.

Because maksutieto can contain sensitive personal and financial information, its handling is subject to privacy and security requirements. Data protection regulations such as GDPR apply to personal data, and if card data are stored, PCI DSS compliance is typically required. Data should be minimized, encrypted, and transmitted over secure channels, with clear retention policies and access controls.

In Finland, maksutieto is commonly used in invoicing and online banking to refer to the data presented to customers or exchanged between systems for payment processing. It often appears in electronic invoices and ERP or billing integrations.

See also: faktura, suoritus, maksutapa, PCI DSS, GDPR.