# Danish consumers can now pay with Dankort on their mobile
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-03-29
Category: BANKING
Category URL: https://financedigest.com/category/banking
Meta Title: BOKIS Banking Collective Launches Mobile Wallet for Dankort
Meta Description: Discover how BOKIS banks in Denmark are enabling customers to make mobile payments using Dankort, the national debit and credit card, with the new digital
URL: https://financedigest.com/danish-consumers-can-now-pay-with-dankort-on-their-mobilehtml

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Members of the BOKIS banking collective have become the first in Denmark to offer mobile payments using Dankort, the national debit and credit card. Last month the collective launched a digital wallet that allows consumers with an Android device to make contactless mobile payments. Today it is launching a mobile wallet for iPhone and, for the first time, is enabling customers to link their Dankort to their device.

The BOKIS [partnership includes 62 banks that form the small to mid-sized banks segment of the Association of Local](https://www.financedigest.com/xledgers-long-term-local-support-for-bristol-sport-a-successful-partnership.html "Xledger’s long-term local support for Bristol Sport – a successful partnership") Banks, Savings Banks and Cooperative Banks in Denmark, together with four nationwide banks: Sydbank, Spar Nord Bank, Arbejdernes Landsbank and Nykredit Bank.

In February BOKIS launched its first mobile wallet, which is available on Android smartphones and can link to MasterCard and Visa [international debit and credit](https://www.financedigest.com/credit-squeeze-biggest-threat-to-economic-outlook-fidelity-international-says.html "Credit squeeze ‘biggest threat’ to economic outlook, Fidelity International says") cards.

Today the collective took the next [step and became the first in the country to enable customers](https://www.financedigest.com/5-simple-steps-to-an-effective-customer-complaint-response-strategy.html "5 Simple Steps to an Effective Customer Complaint Response Strategy") to use their smartphone to pay with Dankort. By [launching a mobile wallet for the iPhone at the same time](https://www.financedigest.com/the-spritz-gets-a-shake-up-something-nothing-launches-new-ready-to-drink-spritz-in-time-for-summer.html "The Spritz gets a shake up! Something & Nothing launches new ready-to-drink Spritz in time for summer"), they are providing nearly half of the country with a mobile payments facility.

**A milestone**

“Being the first banks to offer mobile payments with Dankort is a milestone that we are extremely proud of. It reflects the culture of innovation that [fuels the BOKIS collective,” says](https://www.financedigest.com/ferrari-ceo-says-e-fuel-cars-do-not-compromise-carbon-goals.html "Ferrari CEO says e-fuel cars do not compromise carbon goals") Jan Kondrup, director of BOKIS and Local Banks.

Søren Nicolaisen, director of BOKIS and association Nationwide Banks, added: “Dankort continues to be the favorite Danish debit card, and we are [seeing a growing interest in mobile](https://www.financedigest.com/the-subsequent-decade-to-see-the-automotive-window-films-market-ride-on-shared-mobility-at-a-cagr-of-5.html "The subsequent decade to see the Automotive Window Films Market ride on shared mobility at a CAGR of 5%") payments among Danes, so this was the obvious next step. We are looking [forward to hearing our customers’ feedback on our new solution](https://www.financedigest.com/the-infection-surveillance-solutions-market-is-likely-to-scintillate-going-forward.html "The Infection Surveillance Solutions Market is likely to scintillate going forward"), but also understand that a period of familiarization will be required for both customers as well as Danish merchants.

**An exciting journey**

Nets, the Nordic provider of payments, cards and information services, is behind the development of both the mobile [wallet for iPhone and the ability to make mobile payments](https://www.financedigest.com/the-future-of-mobile-payments-and-e-wallets.html "The Future of Mobile Payments and E-Wallets") using Dankort for BOKIS banks. Jeppe Juul-Andersen, Director of Dankort at Nets, commented on the success of the launch:

“Together with the banks in the BOKIS collective we are now taking the first steps to make Dankort available on customers’ mobile phones, which we believe will [pave the way](https://www.financedigest.com/increasing-awareness-of-infant-health-is-paving-way-for-baby-sleeping-bags-market-sales.html "Increasing Awareness Of Infant Health Is Paving Way For Baby Sleeping Bags Market Sales") for growing mobile payments in the Danish retail sector.

“It will be an exciting journey that we are looking forward to embarking on together with Danish [consumers,” he says](https://www.financedigest.com/u-s-consumers-inflation-expectations-highest-in-8-years-ny-fed-says.html "U.S. consumers’ inflation expectations highest in 8 years, NY Fed says"). “It will remain completely free to use Dankort and storing the card on your mobile will become part of the current offering.”

**Widespread availability**

It is important to the Confederation of Danish Enterprise that their customers can pay with Dankort – including their smartphones. Henrik Hyltoft, Market Director of the Confederation of Danish Enterprise, comments: “Dankort is generally the cheapest method of payment for our member businesses and therefore for their customers. We are pleased that [consumers can now pay with Dankort in the same way](https://www.financedigest.com/the-future-of-retail-and-the-ways-that-retail-has-changed-for-consumers-during-the-pandemic.html "The future of retail and the ways that retail has changed for consumers during the pandemic") as other credit and debit cards linked to a mobile wallet. The [major retailers are already getting ready to accept Dankort mobile](https://www.financedigest.com/deutsche-telekom-lifts-profit-view-aims-for-t-mobile-majority-soon.html "Deutsche Telekom lifts profit view, aims for T-Mobile majority soon") payments, and other stores will follow as they update their POS terminals.

From today, Danish consumers can use their smartphones to pay with Dankort in a number of stores, including Denmark’s largest retailer, Dansk Supermarked. Many more retailers are [expected to follow in the coming weeks](https://www.financedigest.com/u-n-expects-ukraine-russia-grain-deal-to-be-implemented-in-a-few-weeks-officials.html "U.N. expects Ukraine-Russia grain deal to be implemented in a few weeks -officials"). Danish supermarkets are among the first merchants to accept Dankort mobile payments, via a Bluetooth acceptance device that sits [next to their conventional payment](https://www.financedigest.com/the-next-frontier-of-payments.html "The next frontier of payments") terminals.

Following a simple software update to their POS terminals, all merchants that already accept [contactless](https://www.financedigest.com/the-future-of-contactless-payments.html "The future of contactless payments") Dankort card payments will also be able to accept Dankort mobile payments.

**First wallets**

To make a mobile payment using Dankort, customers must first download a wallet app from one of the BOKIS member banks. Sydbank, Spar Nord Bank, Nykredit Bank, Arbejdernes Landsbank and Lan & Spar each have their own wallet, while local banks utilize the common My Wallet.

Initially, these wallets will only be available to customers of BOKIS banks. As the solution continues to be developed, however, they will also become available to customers of other banks in the region. In addition, [Nets has developed a separate](https://www.financedigest.com/air-separation-plant-market-projected-to-expand-at-a-cagr-of-5-to-attain-a-net-worth-of-us-7-9-bn-by-the-end-of-2028-fmi.html "Air Separation Plant Market projected to expand at a CAGR of 5% to attain a net worth of US$ 7.9 Bn by the end of 2028: FMI") Dankort app for customers of banks that have not developed a mobile wallet that supports Dankort payments.

**Easy, secure and fast**

As with [contactless card payments](https://www.financedigest.com/contactless-payments-spirit-willing-but-is-the-market.html "Contactless Payments: Spirit Willing but is the Market?"), for values up to 200 kr., mobile Dankort payments will not require the user to enter their PIN. It is easy, secure, and fast.

**FACT BOX**

Six wallets available:

- AL-Wallet (Arbejdernes Landsbank)
- Lån og Spar Wallet (Lån & Spar Bank)
- Nykredit Wallet (Nykredit Bank)
- My Wallet (medlemmer af Lokale Pengeinstitutter)
- Spar Nord Wallet (Spar Nord Bank)
- Sydbank Wallet (Sydbank)

These apps can be downloaded from Google Play and [App Store](https://www.financedigest.com/apple-must-ease-app-store-rules-u-s-judge-orders-in-a-blow-to-iphone-maker.html "Apple must ease App Store rules, U.S. judge orders, in a blow to iPhone maker").


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