OP Financial Group’s Pivo Wallet Oy and Nets are joining forces to pilot mobile payments in Finland. The two companies have signed a letter of intent to make Pivo available for Finnish Nets merchants, both in-store and online. Pivo users will also have access to a new e-receipt functionality within the app.
Following the agreement between Nets and Pivo Wallet Oy, Pivo payments will be available soon at the selected brick-and-mortar shops that use Nets terminals and in online stores at a later date. Today, Pivo is the preferred mobile wallet in Finland. It can be used online, as well as in-store on Android phones. Through the partnership with Nets, in-store payments will be available for all handsets, including Apple devices, using next-generation mobile acceptance technology.
The convenience of contactless payments, regardless of device
Mobile payments in-store are rapidly increasing across the Nordic countries. In Denmark, Nets has already introduced a new acceptance standard for mobile payments using Bluetooth technology. By bringing this standard to Finland, consumers will be able to pay with Pivo on all mobile devices, just by tapping a device on the terminal.
“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 do contactless payments with cards”, says Sirpa Nordlund, Country Manager for Nets in Finland.