Company Information

Get to know Aera Payment & Identification

Aera Payment & Identification AS was a central player in Norway's financial infrastructure, formed to manage and develop two of the country's most critical services: BankAxept, the national debit card payment system, and BankID, the national standard for secure digital identification and signing. The company's mission was to deliver secure, efficient, and user-friendly payment and identification solutions for banks, merchants, and the general public. In 2022, it was announced that Aera would merge with Vipps and the Danish MobilePay. This merger was completed, and the combined entity now operates as Vipps MobilePay AS, aiming to create a leading mobile payment and identification provider in the Nordic region.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Aera Payment & Identification

Norway

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.