MobilePay (2024)

FAQs

Is MobilePay only in Denmark? ›

MobilePay was first developed by the Danish company Mobilepay A/S, and is accepted in the Kingdom of Denmark (including Greenland but excluding the Faroe Islands), as well as Finland.

We make transferring money easier. At MobilePay, we simplify life for people, businesses and partners across Denmark, Finland and Greenland.

The ownership of Vipps MobilePay is shared between a large consortium of Norwegian banks and Danske Bank from Denmark. The Norwegian banks own 72.2% of the company, Danske Bank owns 27.8%.

With the ability to track and lock your phone, as well as delete its data, mobile pay can be more secure than physical cash, and at least equally secure as a physical credit or debit card.

In Denmark, the most popular mobile payment app is called MobilePay. To access this app, you need to connect one of your transaction accounts to your Danish phone number. Opening a Danish bank account is always recommended regardless of how long you have planned to stay in Denmark.

PayPal. PayPal is popular in Denmark for peer-to-peer payments with people outside of the country. It's commonly used by contractors and freelancers working internationally.

Deutsche Bank and Sparkasse are the only two banks in Germany offering their own mobile payment solutions. A number of different banks provide mobile payments through partnerships with Google Pay and Apple Pay.

MobilePay is a mobile payment application used in Denmark and Finland. The service allows payments by means of a smartphone application and was first introduced in 2013 by Danske Bank.

Mobile Pay is for use in the UK only and requires a Card Processing Agreement with Global Payments. An active Mobile Pay facility and data connection are also required. Terms, conditions and pricing are subject to change.

The firm chiefly receives income via payment transfer fees from its commercial customers. Nordlund added that Mobilepay is aiming to gain more market share in Finland, and that's one of the reasons why it hasn't introduced user fees. The Danish media reports about the fees did not specify how much they would be.

What do you need for MobilePay? ›

You will need to use the following: A computer with Internet access • An iPhone or an Android smartphone (NB: Windows phones cannot be used) • A user ID, a temporary password and an eSafeID device. You receive these in separate letters. Go to mobilepay.dk.

Refunds can be made on a cancelled agreement. As long as the payment is successful and no older than 90 days, then it should work. A refund can be executed if the Merchants payment balance contains enough money to cover the refund. If the balance doesn't cover the amount of the refund, the refund will fail.

MobilePay is a single-use card wallet payment method used in Denmark and Finland. It allows customers to authenticate and approve payments using the MobilePay app. During the processing of a MobilePay payment, Stripe performs a card transaction using the card data we receive from MobilePay.

MobilePay is a single-use card wallet payment method used in Denmark and Finland. It allows customers to authenticate and approve payments using the MobilePay app.

Dankort. The most popular payment method in Denmark is Dankort. Introduced in 1983, Dankort gave Danish consumers an alternative to cash, cheques, and foreign cards. In 2015, Dankort introduced contactless payments, enhancing the speed and security of transactions.

MobilePay is a mobile payment application used in Denmark and Finland.