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Swish and WyWallet face off

The mobile wallet offering from Sweden’s four network operators is to be called WyWallet and is due to launch in mid-2012, Lars Aase of Swedish mobile payments specialist Accumulate has told NFC World. The joint venture will be going head to head with peer-to-peer payments startup Swish, which is backed by Nordea and five other banks and will launch in the autumn.

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