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mCASH
Information by Research Trustfinance
mCASH was a mobile payment solution developed in Norway by the SpareBank 1 Group. Launched in 2014, it was one of the first services of its kind in the country, allowing users to make peer-to-peer money transfers, pay for goods in-store, and complete online checkouts using their smartphones. In 2017, facing strong competition, mCASH merged with its main rival, Vipps (backed by DNB Bank), to create a unified and dominant mobile payment platform for the Norwegian market. The mCASH service was subsequently discontinued, and its users and technology were integrated into the Vipps platform.
Norway
Industry
Financial
HQ Location