Nets group supports Danske Bank to bring Dankort to Apple Pay
By Joy Dumasia
Danske Bank, the leading bank in Denmark, brings the Danish domestic payment scheme, Dankort, to Apple Pay. This will enable Danske Bank customers to use their co-badged Visa/Dankort card in physical stores or online via Apple Pay. Apple Pay is a safe, secure, and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons, exchanging cash and using the iPhone’s power to protect every transaction.
The leading European PayTech, Nets, acts as Danske Bank’s payment processor and partners with Thales on Token Provisioning Services to support Dankort in Apple Pay. This partnership will enable Nets to support other issuers in Denmark with this feature and international issuing and merchant customers in enrolling other commercial cards or other domestic schemes into the Apple Wallet.
Apple Pay is easy to set up. On iPhone, open the Wallet app, tap +, and follow the steps to add Danske Bank’s credit or debit cards. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and beneﬁts offered by Danske Bank’s cards.
Torsten Hagen Jørgensen, Chief Executive Officer of Issuer & eSecurity Services at Nets Group, said: “Consumers are increasingly turning to digital payment wallets for secure and convenient payments. We want to help issuers across Europe make their payment cards available with Apple Pay. Our collaboration with Thales allows us to offer instant services to multiple issuers, promoting greater uptake of digital payments in Denmark and across the EU.”
IBS Intelligence reported that Danske Bank A/S has agreed with OP Financial Group in Finland and the consortium of banks behind Vipps in Norway to merge the three mobile payment providers MobilePay, Vipps and Pivo.
IBSi Prime News
January 21, 2022
The Weekly Wrap: all you need to know by Friday COB | Jan 21stRead More
- Daily insightful news analysis
- Weekly snapshots of industry deals, events & insights
- Sectoral deep dives on the hottest FinTech trends
- Exclusive interviews featuring c-level executives who are shaping the industry
- Profiles of the most influential established and emerging companies in the sector
- Weekly global FinTech use cases
- Chart of the Week curated by IBSi’s Research Team
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage