Easier payments between countries – focus on Nordic co-operation in Stockholm
Sweden's Minister for Financial Markets Niklas Wykman together with members of the Nordic Council's freedom of movement group, which initiated the hearing.
Everyone involved in the discussions shared the common goal of creating a more cohesive Nordic digital payment system for the benefit of the region's residents and businesses. If we're to become the most integrated region in the world, it must also be easy to pay – no matter which Nordic country you're in.
Sweden's Minister for Financial Markets Niklas Wykman participated in the talks, discussing a range of issues related to both technical solutions and the need for a common regulatory framework. Particular emphasis was placed on three areas – making it easier to make transfers between banks in different Nordic countries, simplifying the ability to open a bank account in another Nordic country, and enabling the seamless use of payment services such as Swish, Vipps, and MobilePay across borders.
The hearing is an important step towards improving the integration of finance in people's day-to-day lives in the Nordic Region, which is a prerequisite for the region's growth and mobility. The goal is clear – to facilitate a day-to-day life where it's as easy to manage your finances in another country as it is at home.
