A local trusted payment solution

Sweden is one of the few countries in the world in which banknotes and coins in circulation are constantly decreasing. The number of cash withdrawals has also declined significantly in recent years. Only 20 per cent of all payments in shops are currently made in cash.

Bank payments is a popular payment method for online payments in Sweden. As many as 35% of the customers prefer to pay with this method when they are shopping online. There are 4 large Swedish banks all of which offer payments via online bank transfer. Together, these banks have about five million online banking users.

By offering online bank transfers, merchants can reach more than 5 million potential customers in Sweden. Bank payments offer a high level of security, real-time confirmation of payment authorization and possibility of immediate shipping of goods. Merchants offering online bank transfers also give their customers a secure online method with no risk of fraud or default to shop online.

Merchant Advantages

Provides a real-time online payment method convenient to customers with no risk and low risk of returns for the merchant
Increases sales by offering a local trusted payment solution that is offered by all major banks in Sweden
Once a payment has been initiated, it cannot be reversed by the bank
Customers are automatically enrolled and do not need to register. They simply select the bank, login to the trusted banking environment and approve the payment

Customer Advantages

Clients of the bank are automatically enrolled and do not need to register
High trust as customers are directed to their online bank account
Convenient, reliable, and secure transaction process
No credit or debit card needed

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Let’s Expand Your Global Footprint and Optimize Local Sales.

Email our Sales team today at onecommerce@worldline.com.

ONLINE BANK TRANSFERS SWEDEN

A local trusted payment solution

Let’s Expand Your Global Footprint and Optimize Local Sales.