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Archive | Payments

Bygghemma goes for exclusive payment solution

Bygghemma has extended its partnership with payments company Svea Ekonomi and now gives them  exclusivity for payment solutions in Sweden, Norway and Finland, with the intention of eventually expanding to additional countries. “For us it is important to have a full partner, Svea Ekonomi is flexible and committed and relieve us in our work. Anything […]

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ICA sells of all Mastercard-shares

ICA Bank has sold its entire holding of shares in MasterCard and will record a capital gain of 81 million SEK in the fourth quarter of 2015th. This holding arose when MasterCard was converted into a limited company and all members received shares in relation to its size.

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Dankort logo_new_200

Dankort breaks new records – and moves into smartphones

November was a new record month for card transactions. And the mobile phone can from next autumn will be turned into the Danes favorite debet card, Dankort. An agreement between the Danish Chamber of Commerce, banks and Nets ensures that Danes can make contactless payments using their smartphone. “Dankort on mobile will make life a little […]

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Trustly logo

Trustly expands into 21 new European markets

The Swedish bank online payments solution Trustly expands into 21 new markets – meaning it now covers 29 countries. Trustly is a fast growing finch company – gathering as many banks as possible into one solution. Not many payment solution providers can today offer a full coverage of banks in one country, usually only a […]

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Online customers less tolerant to bad customer customer experience

Bad return policies and technical failures during peak seasons will cost online retailers a lot of customers, not only once but for following years. A new study reveals that customer experience is crucial for business success as 7 out of 10 Swedes say they would switch to an alternative retailer based on poor online experience. (more…)

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Mobile Pay

Dansk Supermarked to launch mobile payments in 566 stores

Føtex Storcenter Nord in Aarhus starts offering mobile phone checkout from today. The store will be the first supermarket in Denmark which allows customers to pay for their purchases with a mobile phone. Dansk Supermarked expects that the Mobile Pay solution will be in use in all 566 supermarkets within Føtex, Salling and Netto, before […]

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”Nets to launch new mobile payment solution next week”

Nets is about to launch a new mobile payment solution. Computerworld writes that the solution, developed in cooperation with the French IT company Oberthur Technologies and the Norwegian financial group Eika, will be presented at the Mobile world congress next Monday. None of the parties wish to comment on the launch. Eika and Nets last […]

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Online Shopping

”New EU VAT-rules hits small e-commerce businesses”

The new VAT rules for digital services within the EU strikes at the point of sale, according to Swedish Digital Trade. At services such as ScandinavianRetail.com private consumers need to verify which country they pay their taxes in. “It is important for digital sales to be quick and easy. But here comes rules that complicate it, “says […]

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Keyboard with E-Banking Button.

Two million users of Nets’ invoicing services

Nets’ invoicing service has now reached two million users. ”Our goal is to attract as many users as we have on AvtaleGiro, where we have almost 3.2 million users. But the biggest growth will be on every persons number of consumer contracts. On average, every Norwegian has approximately 7 eInvoicing agreements. A common Norwegian household receives round 150 invoices […]

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