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Danish banking collective launches nationwide mobile payments Bokis

Danish banking collective launches nationwide mobile payments Bokis

A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort.

Bokis

Danish banking collective launches nationwide mobile payments Bokis

Bokis consists of 62 banks from the small to mid-sized bank segment in Denmark, together with four Danish regional banks: Sydbank, Spar Nord Bank, Arbejdernes Landsbank and Nykredit Bank.

Last year, it embarked on the project to launch a new NFC wallet solution, with the technology provided by Nets.

The digital wallet for Android was launched last month. It has now been followed by a version for the iOS devices both of which access Mastercard and Visa international debit and credit cards.

Danish consumers can use their smartphones to pay with Dankort in a number of stores, including Denmark’s largest retailer, Dansk Supermarked. Many more retailers are expected to follow in the coming weeks, according to Bokis.

“Following a simple software update to their POS terminals, all merchants that already accept contactless Dankort card payments will also be able to accept Dankort mobile payments,” the company says.

To make a mobile payment using Dankort, customers must first download a wallet app from one of the Bokis member banks (bigger banks have their own wallets, while smaller local ones use the common My Wallet).

Initially, these wallets will only be available to customers of Bokis banks.

The post Danish banking collective launches nationwide mobile payments Bokis appeared first on Payments Cards & Mobile.

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