Find below the key stats for the Swedish ecommerce market.
Here you can find the most popular online payment methods in Sweden.
Would you like to know which Payment Service Providers can help you to accept payments online?
Start with our short list of Payment Service Providers in Sweden.
Swedish Krona (SEK)
10.2 million (2020) (#91)
International credit cards (MasterCard, Visa), Klarna, Trustly, PayPal
Swish is a mobile payment system in Sweden. The service was launched in 2012 by six large Swedish banks. It has over 6.5 million users. The payment service works through a smartphone application, through which the user's phone number is connected to their bank account.
Amazon Pay is an online payment service owned by Amazon that lets shoppers use their amazon.com account to make online purchases. With Amazon Pay, shoppers can make purchases using credit or debit cards stored in their digital wallet. The acceptance of Amazon Pay can lead to an improved payment acceptance rate, lower cart abandonment, and increased conversions as Amazon Pay shoppers can pay for products and services without creating new accounts or leaving a merchant’s site.
Trustly is a convenient alternative to cards, which allows consumers to make or receive payment by signing into online banking without leaving the merchant's website or mobile app.
Visa is one of world's best known online payment methods and largest credit card brand. Visa truly is a global payment brand with acceptance at point-of-sale and online in over 170 countries.
MasterCard is one of world's best known online payment methods and dominant credit card brands. MasterCard is truly a global payment brand, supporting 150 currencies with over 35 million acceptance locations (point-of-sale and online) in over 210 countries.
The Apple Pay payment service allows consumers to pay contactless, in-app and on desktop through the newest Apple Macbook and iMac's. Consumers are able to securely store credit and debit card details into their Apple Pay wallet and confirm payment by simply scanning their fingerprint with Apple's Touch ID or by using Face ID.
A bank transfer is an offline or online initiated transfer of funds from the shopper's bank account to the merchant's bank account. It can be used by any online shopper with a bank account. Merchants have to wait for the shopper to take action, completes payment and for the funds to arrive in their bank account before delivery of service or product can take place.
Over 26.369 online businesses used our platform since we started ABOUT-PAYMENTS.com back in 2012. Due to the growing number of Payment Service Providers and gateways worldwide, it has become difficult for you as a merchant, business or developer to choose the right one to process your payments. ABOUT-PAYMENTS.com simplifies this selection process considerably and makes life easier.
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