Swish payments
Cardflo enables Swish payments, Sweden's dominant mobile payment system, allowing merchants to accept instant transactions directly from customer bank accounts. This integration offers access to a highly engaged Swedish user base, providing a rapid and secure payment option that enhances conversion and streamlines the checkout process.
What you get.
- Direct integration with the Swish mobile payment network in Sweden.
- Instant payment confirmation and expedited fund settlement.
- Access to a vast and active Swedish consumer market.
- Reduced payment processing fees compared to traditional methods.
- Enhanced security through bank-level authentication for each transaction.
- Improved conversion by offering a highly preferred local payment method.
Common questions.
What is Swish and how does it operate?
Swish is a mobile payment service in Sweden that allows users to send and receive money in real-time, directly between bank accounts. It is integrated with all major Swedish banks and uses phone numbers as identifiers, making transactions quick and straightforward.
What are the advantages of offering Swish for merchants?
Offering Swish provides merchants with access to nearly the entire adult population of Sweden, where it is the most popular payment method. This leads to significantly higher conversion rates, reduced cart abandonment, and lower transaction costs, while ensuring secure, instant payments.
Can Swish be used for international payments?
Swish is primarily designed for domestic payments within Sweden. While Cardflo can facilitate international transactions through its broader platform, Swish itself is limited to SEK transactions between Swedish bank accounts. Merchants should consider this for their target audience.
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