Vipps Payment Service in Norway Explained

Vipps is a mobile payment service that's extremely popular in Norway. It's essentially a digital wallet that allows users to make payments, transfer money, and even pay bills.

To use Vipps, you need to have a Norwegian bank account and a mobile phone. The service is available for download on both iOS and Android devices.

Explore further: Vipps Pharmacy

Vipps is an application that lets you send payments to someone's phone number instead of their account number.

It's super convenient and fast, with money being confirmed and available to the receiver within seconds if they have a bank account with one of Vipps' owner banks.

For others, the money will be sent the next bank day after they register their credit card in Vipps.

If you try to send money to a phone number not connected to Vipps, the receiver will get an SMS instructing them to download the app, and if they don't, the payment will be cancelled.

Take a look at this: B of a Mobile Banking App

The Vipps app is designed for smartphones, specifically newer iOS or Android versions, and requires a credit or debit card, personal and account information, and a Norwegian identity number to register.

You'll also need to register a phone number and bank account, all of which must be Norwegian.

Transfers under 5000 NOK are free, but larger transfers come with a 1% fee for the sender, which is a pretty standard rate.

Intriguing read: Norwegian Banks' Guarantee Fund

Vipps is protected by a user-defined four-digit identification code. This provides an additional layer of security for users.

For payments exceeding 2000 NOK, the application launches the Norwegian BankID electronic identification for user authentication. This ensures that sensitive transactions are thoroughly verified.

The phone numbers have no check digit, but the name of the receiver is shown before the payment is confirmed, provided the receiver has a Vipps account.

Additional reading: The Vipps

Vipps is protected by a user-defined four-digit identification code, which is a simple yet effective way to add an extra layer of security to your transactions.

For payments exceeding 2000 NOK, the application launches the Norwegian BankID electronic identification for user authentication, which is a trusted and widely used method in Norway.

Security checks are also in place during registration and payment, ensuring that your transactions are secure and legitimate.

The phone numbers used in Vipps have no check digit, but the name of the receiver is shown before the payment is confirmed, provided the receiver has a Vipps account, which helps prevent incorrect payments.

If the receiver has no Vipps account, the sender must make sure the phone number is correct, which is an important step to avoid any potential issues.

For another approach, see: Two Names on Cheque but No Joint Account

To make a Vipps payment, you need to use the Norwegian krone (NOK) as your currency.

Vipps payments require the amount to be over 1 NOK.

User Experience is crucial for a smooth and seamless payment process. The Vipps procedure describes a customer journey that's designed to be as straightforward as possible.

To start, customers are prompted to the Vipps app when they choose it as a payment method in the checkout. This is a simple and intuitive step.

From there, they're redirected to the Vipps app landing page to enter the phone number connected to their account. This is a quick and easy step that most customers will be familiar with.

Next, they have five minutes to approve the transaction. This window of time is designed to give customers a chance to review the payment before it's processed.

The customer then approves the payment in the app, which is a simple click away. Once they've done this, they'll be redirected back to the checkout and the amount will be charged immediately.

For the best possible UX, the Vipps team recommends using their mobile SDK. This can help to ensure a smooth and seamless payment process.

For your interest: Find Paypal Option on Shop Pay Checkout

The payment process with Vipps is surprisingly seamless.

To initiate a transaction, you'll need to have the Vipps M-commerce application installed on your device. This application doesn't require you to enter your phone number, which is a nice perk.

The payment flow involves switching between apps, which is made possible by the Vipps M-commerce application. Here's a step-by-step breakdown of the process:

This app switching process makes it easy to complete transactions without having to enter sensitive information multiple times.

You can charge card fees associated with the card used by the consumer, as long as you display the fee clearly on your webshop page before the consumer approves the order.

Vipps via Quickpay has a cost of 1.30 NOK per transaction, with no subscription required.

If you're switching from Vipps to Vipps via Quickpay, you need to set the payment method as vippspsp.

Expand your knowledge: Consumer Credit Bureau Report

You can sign up for Vipps with just a few clicks if you have an acquirer agreement with Quickpay.

To activate Vipps, simply log into your account and navigate to Settings > Acquirers > Vipps via Quickpay.

Fill out the formula, upload your logo, and click Activate Vipps via Quickpay to complete the setup.

Broaden your view: Icici Atm Card Activation

Sign up for Vipps payments is now more accessible than ever, and it's a game-changer for businesses of all sizes.

If you have an acquirer agreement with Quickpay, you're just a few clicks away from activating Vipps.

To get started, simply log into your account and navigate to Settings.

Getting started with Shopify is exciting, but it can be overwhelming with all the options and integrations available.

You can accept Vipps payments in your Shopify solution by checking out our Vipps/Shopify guide.

For more insights, see: Is Shop Pay Shopify