MobilePay

What is MobilePay?

MobilePay is a mobile payment app launched by Danske Bank in 2013. It allows users to make payments easily via their smartphones, facilitating peer-to-peer transfers, online purchases, and in-store transactions. With over 4.4 million users in Denmark, it has become a staple in the Nordic mobile payment landscape.

How does it work?

Using MobilePay is straightforward. Users can send money to friends or pay for goods by simply entering the recipient’s mobile number. Transactions are secured with a one-time passcode sent to the user’s phone, ensuring that payments are safe and reliable.

Common rules or requirements

• Users must have a Danish bank account to register.
• The app is free for private users, making it accessible for everyone.

Example

Imagine you’re at a café in Copenhagen with friends. Instead of splitting the bill in cash, you can use MobilePay to send your share directly to the person who paid. Just enter their mobile number, confirm the amount, and hit send. It’s that easy!