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Get to know swipp - hele danmarks mobilbetaling

Swipp was a mobile payment service launched in 2013 by a collaboration of more than 80 Danish banks, including major players like Nordea, Nykredit, and Jyske Bank. The platform was designed to enable instant peer-to-peer money transfers and in-store payments using a mobile phone number. Despite broad banking support, Swipp struggled to gain significant market share against its primary competitor, MobilePay, which was backed by Danske Bank. In late 2016, the banks behind Swipp announced they would discontinue the service and instead join the MobilePay platform. Swipp officially ceased operations on February 28, 2017.

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Financial Other Service

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swipp - hele danmarks mobilbetaling

Denmark

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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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.