Nordic mobile payment platform Vipps MobilePay is set to adopt Tink’s Pay by Bank platform for account-to-account payments in Finland.
Vipps MobilePay is the leading mobile wallet in the Nordics, boasting over 12 million users in Norway, Finland, Sweden, and Denmark, and processing more than one billion payments each year.
With this partnership, all Finnish MobilePay users will be able to link and use their Finnish bank accounts within the app. Additionally, Tink’s Pay by Bank will be integrated as one of the three payment options available at Vipps MobilePay’s e-commerce checkout in Finland.
Perttu Kröger, Vipps MobilePay’s country manager for Finland, stated: “Account-based payments have a strong future with Vipps MobilePay in Finland. We’re excited to collaborate with Tink and utilize their Pay by Bank product to enhance our offerings. With Tink’s leading connectivity, we will provide nearly three million Finnish MobilePay users a secure method to make payments directly from their bank accounts.”