/payments

News and resources on payments systems, innovations and initiatives worldwide.

Swish adds tap-to-pay function for its 8.6 million mobile users

Sweden's popular payments app Swish is adding payment cards to its mobile service, enabling users to Tap-to-Pay with their phones in stores across Sweden and abroad.

  4 Be the first to comment

Swish adds tap-to-pay function for its 8.6 million mobile users

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Swish was launched in 2012 as a collaboration between Sweden's largest banks and has since then become the country's go-to mobile payment service, with 8.6 million users and 300,000 business onboard.

Available over both Visa and Mastercard networks, the new tap-to-pay function in the app will initially come online for Android users. Following the long-awaited news that Apple is opening up their NFC functionality in Europe, Swish will work to enable payment cards in the Swish-app for iOS users too.

This follows the example of Norway's Vipps, which announced earlier this week that it has become the first company in the world to offer a competing option to Apple Pay on iPhone.

Urban Höglund, CEO of Swish, comments: "We believe that Swish, with our strong user base and brand in Sweden, will play an important role among the other players who today offer payment cards in mobile phones.”

Sponsored [Webinar] PREDICT 2025: What the National Payments Vision means for the UK

Related Company

Comments: (0)

[Upcoming Webinar] Next Gen Payment Processing: How banks can embrace the futureFinextra Promoted[Upcoming Webinar] Next Gen Payment Processing: How banks can embrace the future