European payments platform Nets announced on Wednesday it has partnered with Sweden payments app, Swish, to launch an in-store payments pilot program. According to Nets, Swiss has mostly been used for account-to-account transact actions and e-commerce payments, The app is now working with Nets to expand its services into the retail and service sectors with the new pilot program.
“The pilot program is the first of its kind in Sweden and is being conducted at two restaurants owned by one of Sweden’s leading corporate cantina. The pilot will expand to additional merchants after the summer.”
While sharing details more details about the collaboration, Pär Ekroth, Marketing Manager of Swish, stated:
“Seven million Swedes walk around with the Swish app in their pocket, and it’s clear that the demand for easier in-store payments is increasing. As such, we are pleased to offer mobile payments functionality to our customers.”
Jan Lundequist, Senior Vice President, Nets Merchant Services of Nets, then revealed:
“The payment experience is similar to making a contactless payment, which consumers are accustomed to – particularly in countries like Sweden with high digital penetration. Not only can merchants easily install the solution and accept Swish payments through their existing Nets terminals, but it’s also easy and intuitive for consumers to use.”
The duo companies went on o add that new solution for in-store payments is scalable and enables a quick and convenient check-out.
“The payment terminal display and app user interface clearly show consumers how to make payments using Swish. Furthermore, the pairing between the mobile app and the payment terminal is uniform to prevent any uncertainty about which payment method is being used. Merchants can also use the payment function to improve loyalty concepts and digital communication with their customers.”