The largest Nordic bank, Nordea, has switched its mobile payment platform from Swipp to Danske Bank’s MobilePay. Danske Bank has invited all other Nordic banks to also participate in the new partnership.
Nordea will leave its current agreement with Swipp, which will have no immediate impact on the bank’s personal customers. Business customers who do not already have a MobilePay agreement will receive an offer to switch from their existing Swipp account to Danske Bank’s solution.
The new service will remain free of charge for private users, while the participation of Nordea and other banks is expected to allow for more competitive transaction prices for businesses that use MobilePay.
Peter Lybecker, CEO of Nordea Bank Denmark, said: “The new partnership will benefit our customers, the market and the individual banks. MobilePay is known today for its user friendliness, and we want to contribute to making the solution even more widely used and to continuing the development of MobilePay as an innovative digital payment platform.”
Tonny Thierry Andersen, a member of Danske Bank’s executive board, added: “MobilePay allows us to offer Nordic users and businesses one of the world's most comprehensive mobile payment systems. New partner banks with direct customer contact will further the dissemination of the solution.”
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