Nordic banks to build new payments infrastructure for instant cross-border payments

Banks are building a super-speed money highway in the Nordics — Bloomberg — “The P27 project — so-called for the 27 million people who live in Sweden, Norway, Denmark and Finland — will build on the success of smartphone payment applications that Nordic banks have already created, like Swish in Sweden, Norway’s Vipps, and MobilePay in Denmark… The aim is to make it possible to clear payments and settle accounts within seconds, regardless of currency.”


Danske Bank partners with S-Bank to expand its MobilePay service to Finland

The revolution of mobile paying begins here: MobilePay to be introduced at S Group shops — Danske Bank — “In the autumn, all Finns will be offered the possibility to pay for their shopping and collect Bonus using a mobile phone. This becomes a reality as S Group and S-Bank enable payment with MobilePay at all S Group’s grocery shops around Finland… In Denmark, MobilePay is already used by 65 banks and more than 90% of all Danes.”


Apple Pay goes live in Denmark, Finland, Sweden and the UAE

Apple Pay Launches in Denmark, Finland, Sweden, and UAE — MacRumors — “In Denmark, Jyske Bank (Visa debit cards only) and Nordea are supporting Apple Pay. In Finland and Sweden, Apple Pay can be used with debit and credit cards from Nordea and ST1. Edenred and N26 support will be coming soon to Finland, while Ticket Rikskuponger will support Apple Pay in Sweden in the near future. In United Arab Emirates, the following banks and cards work with Apple Pay: Emirates Islamic (Visa credit, debit, and prepaid cards), Emirates NBD, HSBC (Visa and Mastercard credit and debit cards), Mashreq, Rakbank (Mastercard credit, debit, and prepaid cards), Standard Chartered Bank”.


Apple Pay reaches 20 countries, representing 70% of the world’s card transaction volume

Apple Pay now in 20 markets, nabs 90% of all mobile contactless transactions where active — Techcrunch — “Bailey also announced that the service is launching in Denmark, Finland, Sweden, and the UAE in the next few days, bringing the total number of countries where it is used up to 20. And she said that 4,000 issuers worldwide now work with the wallet… While these may not sound like massive numbers on their own, 20 markets represents a full 70% of the world’s card transaction volume, she noted.”




Finnish distiller adds NFC tags to gin bottles

Finnish distiller Northern Lights Spirits (NLS) is to include NFC tags on premium Kalevala Gin bottles, allowing it to “instantly deliver authentication messages, brand stories, promotional offers, product news and other relevant content” to customers... More














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