article thumbnail

Mobile Payments Driving Contactless Dominance in Nordics as Cash All but Disappears

Fintech Finance

Preference for mobile payments continues to increase: in Denmark, Apple Pay is now more popular than Mobilepay; and in Sweden it is almost on par with local mobile payment option, Swish. 12 percent of Nordic consumers state that they only pay with their mobile phone, citing no need for a physical wallet at all.

article thumbnail

Alipay adds support for NFC mobile payments

NFCW

is designed to “expedite in-store mobile payments,” the South China Morning Post reports. simplifies in-store payments for iPhone and Android users,” the mobile payments giant explains in a video shared on X. Alipay Tap! ” “Alipay Tap! Quick and easy!”

article thumbnail

News & Views | Episode 173: Biometric Re-authentication and Mobile Payment Growth in the Nordics

The Fintech Times

Finally, Polly explains the rise of mobile payments in the Nordics , and this week’s podcast duo reveal their predictions for digital payments in the region and beyond.

article thumbnail

Mobile Payments Rising in Nordics as Nets Reveals Different Payment Attitudes and Preferences

The Fintech Times

A new report detailing the payment habits of consumers in the Nordic countries has been published by Nets , part of the European paytech, Nexi Group. It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise.

article thumbnail

Mobile payments driving contactless dominance in Nordics as cash all but disappears

Finextra

Consumer and merchant research, conducted by Kantar Sifo and Norstat, on behalf of Nets, reveals near-total dominance of cashless payments in Nordics, driven by contactless mobile payments via global and local providers.

article thumbnail

The ai Corporation appoints Mark Wheelhouse as Chief Financial Officer to Drive Growth and Expansion into Retail Fuel, Mobility Payments and Fraud Management Markets

Fintech Finance

Wheelhouse will lead ai’s finance department and play a key role in driving the company’s ambitious growth strategy in the retail fuel, mobility payments and fraud management markets. I’m thrilled to be joining a true market leader at such an exciting time and partnering with the team to drive the next phase of ai’s growth.”

article thumbnail

How Adopting Mobile Payments Can Help Your Business Grow in 2024

Stax

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. Customers can pay with their watch or phone just by tapping it on a card reader, and businesses can host an entire POS system on a mobile phone.