Accepting electronic money in BiH: a modern and secure solution for smart merchants
With Lova Pay, you get a digital wallet for your business
Track POS payments in real-time, receive payments without delay, and disburse funds whenever you want — simply, securely, and without hidden costs.
Lova Pay is a software solution that enables merchants in BiH to accept and manage electronic money without additional hardware or complicated processes. With simple integration into Android POS devices, you transform your terminal into a smart payment tool.
One device. One app. Complete payment control.
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Why is it safe to accept electronic money in BiH?
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No chargeback risk
Electronic payments are final – there are no payment cancellations or fraudulent refunds. Every payment means a completed transaction and secure collection — without false claims and additional refund processing costs.
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Full encryption and security layers
Transactions are processed using SSL/TLS encryption, two-factor authentication (2FA), and anti-fraud algorithms. Payments are secured to the same standard as any bank — but faster and simpler.
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Verified identity and transparency
All users undergo KYC/KYB verification. This process prevents fraud and abuse, and the system precisely identifies senders and recipients of electronic money — which protects both the merchant and the customer.
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Safeguarded merchant funds
Electronic money you receive through Lova Pay is held in segregated accounts with licensed banks, in accordance with the Law on Electronic Money of Republika Srpska. Your funds are available to you at all times — without intermediaries and without risk of loss. The money is yours — Lova merely stores and processes it digitally.
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Compliant with regulations
Lova Pay operates in accordance with the legal regulations of Republika Srpska and Bosnia and Herzegovina. Merchants using electronic money operate within a fully legal and regulated framework – just like with card payments.
Benefits of Lova Pay Service
Lower commissions compared to card systems. No monthly fees or hidden costs — you only pay for what you use.
There are no installation or service fees. Lova Pay activates in minutes, and our team handles the technical aspects.
All funds you receive are automatically deposited into your Lova digital wallet, where you have complete control over payouts.
You can manually withdraw money to your bank account at any time or set up automatic payouts — daily, every 3 days, every 7 days, or every 30 days.
Flexible payout options allow you to choose the pace of fund withdrawals, while Lova ensures your money is always available — quickly, securely, and without hidden costs.
On the Lova dashboard, track all transactions, reports, and turnover in real-time. Simple overview, maximum control, and quick business decision-making.
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Request Integration
Fill out a short online form and become part of the Lova Pay ecosystem. Our team will contact you shortly, assist with verification (KYB), and activate your Lova Pay account.
Data entry form: company name, address, email, phone number.