Three Nordic mobile payment providers merge

Credit: REUTERS/STAFF

Denmark's Danske Bank said on Wednesday it had agreed with OP Financial Group in Finland and a consortium of banks including DNB in Norway to merge their mobile payment platforms.

COPENHAGEN, June 30 (Reuters) - Denmark's Danske Bank DANSKE.CO said on Wednesday it had agreed with OP Financial Group in Finland and a consortium of banks including DNB DNB.OL in Norway to merge their mobile payment platforms.

The three mobile payment providers, MobilePay in Denmark, Pivo in Finland and Vipps in Norway, serve 11 million users and more than 330,000 shops and web shops.

"The ambition is to create Europe's best and most comprehensive digital wallet," Danske Bank said in a statement.

(Reporting by Jacob Gronholt-Pedersen, editing by Louise Heavens)

((copenhagen.newsroom@thomsonreuters.com; +45 3274 2001; Reuters Messaging: jacob.pedersen.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

DNB

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More