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Sweden

96 news stories about Sweden


Transit Ticketing Today

Stockholm rolls out contactless ticketing payments

By Tom Phillips • 25 February 2021 • Updated 25 February 2021 • nfcw.com
Contactless ticketing payment on Stockholm SL transit system

Passengers using public transport across the Swedish capital of Stockholm can now make tokenized contactless payments for single adult fares on metro, rail, bus, tram and boat services by tapping their debit or credit card or smartphone at a ticket reader... More


Estonia partners with World Health Organization for digital vaccine passport pilot

By Tom Phillips • 15 February 2021 • Updated 15 February 2021 • nfcw.com
Covid-19 vaccine for digital vaccine passport pilot

Estonia is to test digital vaccine passports that will enable residents to prove they have been inoculated against Covid-19 as part of a project to create a globally recognised electronic certification programme... More


Denmark and Sweden to introduce digital vaccine passports

By Tom Phillips • 5 February 2021 • Updated 5 February 2021 • nfcw.com
Danish Health Authority Covid-19 Vaccination explainer

The governments of Denmark and Sweden have both announced that they are to develop and introduce digital vaccine certificates that will enable residents to prove they have been inoculated against Covid-19... More


What's New in Payments

Fidesmo opens NFCW Expo showcase

By Sarah Clark • 25 January 2021 • Updated 25 January 2021 • nfcw.com
Fidesmo joins NFCW Expo showcase

NFCW EXPO: Fidesmo, a contactless platform provider that makes it possible for issuers to connect payment, transit ticketing and access control cards to a wide range of both passive and active devices, has opened a booth in the NFCW Expo... More


What's New in Payments

Challenger bank to test biometric payment cards in Sweden

By Tom Phillips • 11 December 2020 • Updated 11 December 2020 • nfcw.com
Rocker biometric payment card

Customers of Swedish challenger bank Rocker will soon be able to take part in a proof-of-concept pilot of a biometric debit card that enables them to authenticate contactless in-store payments with their fingerprint... More


What's New in Payments

OP Financial to pilot biometric payment card in Finland

By Tom Phillips • 23 November 2020 • Updated 23 November 2020 • nfcw.com
OP Financial logo

Finland’s OP Financial Group is to pilot a biometric payment card that will allow users to authenticate payments over the contactless transaction limit with their fingerprint rather than with a PIN... More


What's New in Payments

Nordic countries record surge in contactless payments during pandemic

By Tom Phillips • 20 November 2020 • Updated 20 November 2020 • nfcw.com
Nets Nordic graph showing contactless adoption in the region

The proportion of in-store purchases made using contactless cards in the Nordic countries has risen from 57% in January this year to 75% in late October, an increase “in part driven by concerns around the potential spread of Covid-19,” regional payments processor Nets reports... More


What's New in Payments

Survey finds 7 in 10 Swedish consumers are interested in having a biometric payment card

By Tom Phillips • 18 November 2020 • Updated 18 November 2020 • nfcw.com
Zwipe logo

Some 70% of Swedish consumers would be interested in having a biometric payment card so they can make high-value transactions without having to touch a point-of-sale (POS) terminal, a new survey reveals — and 59% would be willing to pay a monthly fee for one... More


What's New in Payments

Six in ten Europeans abandon digital bank applications during onboarding

By Tom Phillips • 4 November 2020 • Updated 4 November 2020 • nfcw.com
Digital bank applications adoption in The Battle to Onboard 2020 report graph

Nearly two-thirds of consumers in Europe (63%) have abandoned a digital bank application in the past year, compared with 40% in 2019, according to new research... More


What's New in Payments

Central banks set out ground rules for digital currencies

By Tom Phillips • 12 October 2020 • Updated 12 October 2020 • nfcw.com
BIS report on central bank digital currencies 2020

A working group set up by seven central banks and the Bank for International Settlements (BIS) has laid out a set of ground rules for the successful issuance of central bank digital currencies (CBDCs)... More


What's New in Payments

ECB launches feasibility study into instant cross-currency merchant payments in Europe

By Tom Phillips • 9 October 2020 • Updated 9 October 2020 • nfcw.com
Target Instant Payment Settlement (TIPS) graphic

Swedish consumers could be able to make and receive low-cost instant cross-currency transactions to and from any euro area country via the Target Instant Payment Settlement (TIPS) platform once the Swedish kronor joins the platform in May 2022... More


What's New in Payments

Lifvs brings unmanned supermarkets to rural communities

By Tom Phillips • 8 September 2020 • Updated 8 September 2020 • nfcw.com
Lifvs unmanned supermarket

Consumers living in remote parts of rural Sweden where conventional stores and supermarkets have closed down can now use their mobile phones to buy goods 24 hours a day at automated, unmanned grocery stores operated by Swedish retail start-up Lifvs... More


What's New in Payments

BIS reports on central bank digital currency initiatives around the world

By Tom Phillips • 26 August 2020 • Updated 26 August 2020 • nfcw.com
Bank for International Settlement (BIS)

Countries with digitised and innovative economies are more likely to be developing central bank digital currency (CBDC) projects while those with a larger informal economy are tending to focus on creating retail CBDCs, a working paper published by the Bank for International Settlements (BIS) reports... More


What's New in Payments

Swedish government regulates online payment options

By Sarah Clark • 26 May 2020 • nfcw.com
Bid & Bird logo

A new amendment to the Swedish Payment Services Act means that online merchants must now present non-credit options ahead of any options that involve the consumer taking out credit... More


What's New in Payments

PayPal rolls out QR payments to 28 countries around the world

By Sarah Clark • 19 May 2020 • nfcw.com
PayPal QR code mobile payments app

PayPal users in 28 countries across the world are now able to use their PayPal app to make QR code-based mobile payments in stores — and standard seller transaction fees are being waived “for a limited time” for merchants using the new functionality... More


What's New in Payments

Contactless payments growth rate doubles in Nordic countries

By Sarah Clark • 6 May 2020 • nfcw.com
Logo of Nets Nordic payment processpr for Denmark, Norway, Sweden and Finland

The contactless payments growth rate in the Nordic region has doubled during the first four months of this year, regional payments processor Nets reports, “as social distancing steers Nordic consumers away from chip and PIN”... More


What's New in Payments

Table: Contactless payment transaction limit increases around the world

By Sarah Clark • 26 March 2020 • Updated 8 December 2020 • nfcw.com
EMVCo's universal contactless payment symbol

Updated 8 December 2020: Countries around the world are increasing the contactless transaction limit in a bid to combat the spread of Covid-19... More


What's New in Payments

Mastercard: 29 countries have now agreed to raise their contactless payment limit

By Sarah Clark • 25 March 2020 • Updated 26 March 2020 • nfcw.com
Mastercard logo

Mastercard is now working with 29 countries across Europe and central Asia to implement increases to their contactless payment transaction limit, the payments network says... More


What's New in Payments

Sweden begins central bank digital currency pilot

By Sarah Clark • 21 February 2020 • nfcw.com
Sveriges Riksbank

Sweden’s central bank The Riksbank has begun testing a digital currency designed to enable consumers to store an electronic version of the Swedish krona in a digital wallet and make payments, deposits and withdrawals using a mobile app... More


What's New in Payments

Visa CEO shares contactless, tokenization, transit and secure remote commerce adoption data

By Sarah Clark • 3 February 2020 • nfcw.com
Head and shoulders image of Al Kelly, Visa CEO

Data on the latest adoption rates for contactless transactions, tokenization, transit payments and secure remote commerce has been made available by Visa CEO Al Kelly — along with details of the revenue model to be used by Plaid, which Visa is to acquire for $5.3bn... More


• See NFCW's full list of trials, pilots, tests and live services around the world...

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