Vipps MobilePay Launches Groundbreaking Service, Challenging Global Payment Giants

In a significant leap for mobile payments, Vipps MobilePay has unveiled a groundbreaking service that positions Norway as a key innovator in the fintech landscape. As of two days ago, users across Norway can tap and pay at stores using the Vipps app – even on iPhones. This marks the world’s first local challenge to global payment giants like Apple Pay.

The new feature integrates seamlessly with all card terminals accepting BankAxept cards, supported by over 60 banks. This innovation highlights the strength of local fintech solutions and their potential to lead on the global stage.

At Fintech Norway, this development is celebrated as a testament to the power of strong regulatory frameworks and open collaboration in fostering innovation.

While Vipps has established itself as a leader in Norway’s payment landscape, Fintech Norway encourages banks to embrace openness and collaboration.

By granting more fintechs access to critical infrastructure and partnerships, we can fuel competition, innovation, and consumer choice.

This milestone is not just a win for payments but also a testament to the strength of Norwegian innovation. As Vipps MobilePay pushes boundaries, it underscores the importance of building a vibrant ecosystem for digital payments and beyond.

Norway’s fintech sector continues to shine, setting an example for the world.