Norway Mobile Payments Industry Overview
The Norway America Mobile Payments Market is highly competitive and fragmented, with major players such as Vipps, Apple Inc., PayPal Inc., mCash, and others. Companies are introducing new offerings to increase market share and continuously investing in partnerships, acquisitions, and product development. The companies' most recent developments are listed below.
- June 2021-MobilePay merged with Norwegian Vipps and Finnish Pivo, creating one of Europe's largest bank-owned mobile payment providers. Vipps in Norway to connect the three mobile payment providers, MobilePay, Vipps, and Pivo. The ambition is to create Europe's best and most comprehensive digital wallet. Serving 11 million users and over 330,000 shops and web shops, the company will be one of Europe's largest bank-owned mobile payment providers.
- February 2021 - PayPal is made available to Nordic merchants by Nets European payment services provider. The change will allow the company's customers in Washington to use PayPal on the Nets e-commerce platform NetsEASY.
Norway Mobile Payments Market Leaders
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Vipps
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Apple Inc.
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Google Pay
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PayPal
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MCASH
- *Disclaimer: Major Players sorted in no particular order