Company Information

Get to know BankAxept - en del av BankID BankAxept AS

BankAxept is the national payment scheme of Norway, owned by the Norwegian banks. Established to create a secure, stable, and cost-effective payment infrastructure, it processes over eight out of ten card payments made in physical stores in Norway. The service has since expanded to include online shopping and contactless payments. In 2022, the company operating the BankAxept scheme merged with BankID to form BankID BankAxept AS, a company that now manages two of Norway's most critical national infrastructures: electronic identification (BankID) and domestic payments (BankAxept).

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Financial Electronic PaymentPRIMARY
Financial Other Service

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BankAxept - en del av BankID BankAxept AS

Norway

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.