MobilePay

#e-Wallet

MobilePay is a popular mobile payment method developed by the Danish company Danske Bank. It allows users to transfer money and make online purchases using their smartphone. To use […]

Certified payment providers 7
Market coverage 2
  • Denmark
  • Finland
Currencies 4
  • Denmark Krone
  • Euro
  • Norway Krone
  • Sweden Krona
Description

MobilePay is a popular mobile payment method developed by the Danish company Danske Bank. It allows users to transfer money and make online purchases using their smartphone.

To use MobilePay, you need to download the MobilePay app and link your bank account or credit card to the app. Once you’ve added your account details, you can easily send money to your friends or merchants by scanning a QR code or entering their phone number.

MobilePay uses high security standards to protect users’ financial information. Payments are encrypted and sensitive information is stored securely. In case of loss or theft of your phone, you can easily disable access to MobilePay from your online account.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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