Norway's value of real-time payments grew by roughly 40 million Norwegian krone between 2021 and 2022, as Vipps was used more often for P2P transactions. Unlike other domestic schemes found in some European countries that are created by banks, there are no individual numbers for Norway's Vipps. Instead, the source placed the country's most popular payment app inside figures covering instant payments. Vipps ticks several boxes, as it can be qualified as a mobile payment method, an A2A payment method, as well as a real-time (instant) payment option. It is to merge with Denmark's MobilePay, to create a single large payment app within the Nordics.
Value of real-time payments in Norway, including local scheme Vipps, from 2017 to 2022
(in million Norwegian kroner, and estimates in U.S. dollars)
The figures provided have been gathered and calculated by Statista; The source adds that "Most instant payments are initiated from the Vipps mobile payment app
and are P2P payments"
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Norges Bank, & Statista. (May 25, 2023). Value of real-time payments in Norway, including local scheme Vipps, from 2017 to 2022 (in million Norwegian kroner, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1421401/norway-instant-payments-spending/
Norges Bank, und Statista. "Value of real-time payments in Norway, including local scheme Vipps, from 2017 to 2022 (in million Norwegian kroner, and estimates in U.S. dollars)." Chart. May 25, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1421401/norway-instant-payments-spending/
Norges Bank, Statista. (2023). Value of real-time payments in Norway, including local scheme Vipps, from 2017 to 2022 (in million Norwegian kroner, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1421401/norway-instant-payments-spending/
Norges Bank, and Statista. "Value of Real-time Payments in Norway, including Local Scheme Vipps, from 2017 to 2022 (in Million Norwegian Kroner, and Estimates in U.S. Dollars)." Statista, Statista Inc., 25 May 2023, https://www.statista.com/statistics/1421401/norway-instant-payments-spending/
Norges Bank & Statista, Value of real-time payments in Norway, including local scheme Vipps, from 2017 to 2022 (in million Norwegian kroner, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/1421401/norway-instant-payments-spending/ (last visited October 31, 2024)
Value of real-time payments in Norway, including local scheme Vipps, from 2017 to 2022 (in million Norwegian kroner, and estimates in U.S. dollars) [Graph], Norges Bank, & Statista, May 25, 2023. [Online]. Available: https://www.statista.com/statistics/1421401/norway-instant-payments-spending/
