Sweden Payments Industry Overview
Swedish payments operate in a moderately competitive market with various payment service providers in the country. Competition in the region intensifies with the adoption of innovations and technologies by existing and new entrants.
- March 2022 - Due to many requests from affiliates, the company released the Swish Business app. Businesses can easily view deposits in real-time, make refunds, manage roles, and create receipts with this app. The business app is currently available to Handelsbanken, Swedbank, and Sparbankernas customers, but banks are in the pipeline even more.
- April 2022 - Qred announced its new payments platform specially designed for helping small businesses free up short-term capital and save time while paying bills. This new service available from the Qred app allows businesses to use their Qred VISA card to pay for consumables and inventory.
Sweden Payments Market Leaders
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Qred AB
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2Checkout
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Getswish AB
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Stripe, Inc.
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Paypal
- *Disclaimer: Major Players sorted in no particular order
