In a move to further the facilitation of mobile payment services in the country, Sweden’s mobile operators – Telenor, Tele2, 3 and Telia, have reportedly formed a joint venture, which is expected to commercially launch its services next year.
The penetration of m-payment services in Sweden have shown considerable growth with an increasing number of customers using their mobile handset to pay for regular activities such as parking and public transport among others.
The joint venture will reportedly help extend the variety of services that can be carried out by a customer through the mobile handset. Further, sources claim that for users the venture will ensure uniformity amongst the services offered by the operators.
