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Nets, Swish launch in-store tap-and-pay pilot for restaurants, merchants in Sweden

Payments firm Nets A/S and Swedish payments app Swish announced a plan to launch a pilot program at two restaurants that are owned by one of the country's leading corporate cantinas, and later expand to additional merchants. 

"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," Par Ekroth, marketing manager at Swish, said in a company release from Nets. "As such, we are pleased to offer mobile payments functionality to our customers."

Swish customers can pay in-store using a tap-and-pay system that Nets developed by adding a Bluetooth box to the company's payment terminals. Therefore, most merchants will not need to buy new hardware to accept Swish payments. 

Nets provides similar Bluetooth functionality to Danish merchants, which allows them to pay using mobile wallets. 

"The payment experience is similar to making a contactless payment, which consumers are accustomed to — particularly in countries like Sweden with high digital penetration," said Jan Lundequist, senior vice president, Nets merchant services. "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."

Photo courtesy of Nets