Op Financial mobile wallet to go contactless with Nets
21 June 2018 | 3544 views | 0
Finland's OP Financial is to make its Pivo mobile wallet available for contactless payments at Nets' 300,000-strong network of merchants, both instore and online.
Pivo is Finland’s largest mobile wallet, with 1.2 million downloads and over 800,000 registered users who use the Android app to transfer money, pay online and in stores, as well as send and receive Siirto payments.
Under the deal with Nets, Pivo payments will be made available at selected brick-and-mortar shops that use Nets terminals and in online stores at a later date. The agreement includes support for digital receipts management from Nets subsidiary Storebox, Apple Pay acceptance, and contactless functionality leveraging a bluetooth standard that has already been rolled out in Denmark.
Sirpa Nordlund, country manager for Nets in Finland, says: “Paying with your mobile leverages the contactless ‘tap and go’ payment experience that many Finns have already adopted and enjoy while shopping. To ensure the same level of ease when paying in-store with your mobile, we will implement a new payment standard using Bluetooth that will give the same payment experience regardless of handset, which will be very similar to when you make contactless payments with cards."