When Nets launches Dankort on the mobile in autumn 2016 it will thus be based on an international, well-proven technology from JCB, an international payments scheme originating from Japan. JCB has many years of experience facilitating contactless mobile payments as Japan was among the first countries in the world to adopt mobile payments and make it a part of daily life. This also marks an important milestone for JCB as it aims to accelerate its mobile payment implementation globally using Host Card Emulation (HCE) technology.
“We are very pleased with this long-term partnership with JCB that will help retain Dankort as the most cost-effective and convenient means of payment for Danish merchants and consumers,” says Jeppe Juul-Andersen, Senior Vice President in Nets with the responsibility for Dankort.
Nets believes that in 2020 up to half of all payments at the point-of-sale in Denmark may be initialized from a smartphone and that there will be more than 3 million Dankort on mobile phones.