20 news stories.
• Should Nets (Nordic) be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Nets (Nordic) be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
One in ten consumers in the Nordic countries now prefer to make mobile payments at the point of sale, double the number who prefer to use cash (5%), making mobile payments the second most popular payment method in the region for the first time, according to figures from regional payments processor Nets... More
Eight in ten card payments made in the Nordic countries during 2021 were contactless, an increase from 74% in 2020, according to figures from regional payments processor Nets... More
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
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
Swedish P2P and online payments app Swish is moving into in-store payments with a pilot test of a Bluetooth box that can be added to merchants’ existing POS terminals to deliver “an NFC-like ‘tap and pay’ experience”... More
Pay with the touch of a finger — Nets — “Now, students and visitors at Copenhagen Business School (CBS) can leave their cash, cards and smartphones behind and buy lunch using just their finger… The payment process is very much like other contactless payments but the increased security creates one key difference — even high-value transactions do not require the extra step of PIN entry.”
Danish consumers using the Dankort mobile payments app on an iPhone can now make payments from their lockscreen when they shop in Dansk Supermarked Group stores and validate purchases over DKK 200 (US$30) using Touch ID... More
Nets rolls out preventative fraud service to protect online consumers across the Nordics — Nets — “The service is designed to mitigate two high growth instances of online fraud: ‘too good to be true’ clickbait offers and unsolicited direct debits, and works by continuously analysing data collected from card disputes to proactively identify and block transaction requests between consumers and fraudulent merchants.”
Customers of more than 60 banks belonging to The Bokis Partnership have become the first in Denmark to be offered a mobile payment service for Dankort, the country’s national debit and credit card. The service is available through the mobile apps offered by each of the supporting banks and works on Android handsets through host card emulation (HCE) and on iOS through a Bluetooth acceptance device at the point of sale. More
Danes will soon be able to make in-store Bluetooth Low Energy (BLE) based mobile payments using the Dankort debit card by tapping their phone against a device developed by Spire Payments... More
Customers of banks belonging to Danish banking collective The Bokis Partnership will soon be able to make host card emulation (HCE) based mobile payments via a service that uses an HCE and tokenization platform from digital payment services provider Nets and Carta Worldwide. More
Istituto Centrale delle Banche Popolari Italiane (ICBPI) is to establish an instant payments solution in the first quarter of 2017 in partnership with Danish payment services provider Nets... More
NFC World’s ‘Case study — Lessons learned from selecting and implementing a tokenization solution able to serve 200 banks’ webinar is now available to view online... More
NFC World’s educational webinar on the benefits of adopting an in-house approach to tokenization and how Danish payments services provider Nets went about doing so will be held today at 15:00 BST... More
Join NFC World at 3pm BST on Thursday 12 May to find out how and why payments service provider Nets selected transaction technology provider Carta Worldwide to launch an in-house solution capable of delivering a tokenization service to serve more than 200 client banks across the Nordic region... More
Nordic payments service provider Nets is to launch a mobile payment service in Denmark in autumn 2016 that will use host card emulation (HCE) technology from Japanese card issuer JCB, the two companies have announced. More
NFC World will host a free webinar on Thursday 12 May that will explore how and why payments service provider Nets chose an in-house solution to deliver a tokenization service that can scale to serve more than 200 client banks across the Nordic region... More
PARTNER NEWS: More than 200 banks across northern Europe are now able to deploy token-based secure mobile payments services to their customers via a partnership between digital payments services provider Nets and Carta Worldwide... More
Nordic payments and card services provider Nets has selected Oberthur Technologies’ TSM platform to enable its banking partners to offer NFC services across the region, starting in Denmark in early 2014... More
The Norwegian bank and mobile network operator have contracted Giesecke & Devrient to provide them with a turnkey NFC solution for a mobile payments trial that will involve a dozen merchant locations in Oslo. More