Author Archives: Lars Aase

90% of Chinese tourists want to pay with mobile

A new Nielsen insight report by Nielsen and Alipay finds that over 90% of Chinese tourists would use mobile payment overseas given the option. The report includes some interesting figures on the 122 million trips (was up 7% to 131 … Continue reading

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Norway is still best in class using cards for payments

Latest statistics from Norwegian payment company’s Nets and Bank BankAxept shows new record figures for 2017 and the use of cards for payments. 2017 cards was used 1.86 billion times, a 4.5% increase from 2016, for bying goods & services … Continue reading

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Sweden merchants embrace Swish as payment method – November figures

Swedes loves the real-time payment method Swish, first for doing person-to-person and now more and more when paying for goods and services. Here is some stats on Swish from the month of November 2017.  6+ million active users 21.5 million … Continue reading

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Snapshot Norway – Card Volumes October 2017

Norway has the most effective payment infrastructure in the world. Interesting is to see how and why, so here is a snapshot of volumes and transactions during October 2017 (figures posted at Finans Norge). Local card scheme BankAxept is used in … Continue reading

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Alipay mobile payments performed 90% of Alibaba sales volume during “11.11”

China Singles Day 2017, or “11.11” as it also is called, created a new record for Alibaba and fantastic numbers last Saturday. Total sales was at Alibaba was $25.3 billion, 1.5 billion transactions and 90% of the sales was settled … Continue reading

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Mobile payment Sweden update – One in/one out

SEQR (by Seamless) was launched in Sweden in 2011, starting as a QR-based mobile payment method, later adding NFC. SEQR was at merchant chains in Sweden as Hemköp, Willys and McDonalds used SEQR instore, but all is taken’ away. Seamless … Continue reading

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Cash in Sweden is dead after March 24, 2023

Two scientist’s from The KTH Royal Institute of Technology in Stockholm and The Copenhagen Business School, has calculated when cash is not longer accepted at Swedish merchants. The date is calculated as of the trend of cash usage in Sweden and … Continue reading

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