More payment methods

BankAxept

BankAxept is Norway’s national debit card payment system, accounting for over 80% of card transactions in physical stores.

% of coverage
  • Country

    Norway

  • Population

    5.4 million (estimated)

  • Number of Internet users

    5.2 million (estimated)​.

  • Popular payment methods

    Digital wallets, Credit/Debit Card, Visa, Mastercard, Klarna, PayPal​.

% of coverage
  • Credit Card

    30%

  • Debit Card

    45%

  • E-wallets

    15%

  • Cash Payments

    5%

  • Bank Transfers

    4%

  • Other

    1%

Payment Method Overview
  • Type Debit Card Payment System
  • Currency:Norwegian Krone (NOK)
  • % of coverage: > 80% of card transactions in physical stores in Norway (estimated)
  • Money transfers to date:8 out of 10 card transactions in physical stores in Norway
  • Total customers:>110,000 merchants in Norway (estimated)
  • Refunds:Yes
  • Chargebacks:Yes

BankAxept

Established in 1991, it has become a key player in the Norwegian payment ecosystem, offering real-time, secure debit card transactions through chip, tap-to-pay, and mobile solutions. BankAxept transactions are directly linked to users’ bank accounts, providing an immediate deduction and lower fees for merchants compared to international payment networks​.

In recent years, BankAxept has integrated with mobile payment solutions such as Apple Pay, expanding its reach and modernizing its capabilities to meet the demands of a cashless society. With over 110,000 merchants accepting BankAxept and billions of transactions processed annually, it plays a crucial role in Norway’s transition towards a cashless economy​.

 

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Pricing

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Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.