Certified payment providers 8
Market coverage 5
["Danemark","Denmark","Finland","Norway","Sweden"]
Norway
- Danemark
- Denmark
- Finland
- Norway
- Sweden
Currencies 3
- Denmark Krone
- Euro
- Norway Krone
Description
Vipps MobilePay is one of Europe’s largest digital wallet providers, formed from the merger of two prominent mobile payment platforms, Vipps and MobilePay, in 2022. This merger created a company that serves over 11 million users and more than 330,000 merchants across multiple countries. The headquarters is based in Oslo, Norway, and the company is supervised by the Norwegian Financial Supervisory Authorities.
The brand operates primarily in Norway, Denmark, Finland, and Sweden. Vipps MobilePay allows users to easily send money, make purchases, and handle payments without needing traditional bank account details like IBANs. Users can link their mobile numbers to their bank accounts and send payments quickly via smartphones. The platform supports personal transactions as well as business and e-commerce payments.
Built on the technological foundation of Vipps, the new company aims to provide cutting-edge payment solutions that are fast, secure, and user-friendly. By combining the strengths of both platforms, Vipps MobilePay seeks to drive innovation in digital payments, with a particular focus on cross-border payments and expanded e-commerce capabilities. The company’s strategy is to reinvest its synergies into further development, ensuring it remains competitive in a rapidly evolving financial landscape