# Denmark — payment codes and schemes

> Source: https://docs.barcoder.ai/docs/payments/DK
> extracted at 2026-10-06
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

## Summary

- **MobilePay** (now Vipps MobilePay) dominates mobile payments (~4.5 million Danish users)
- **Straksclearing** was Denmark's instant payment system, **migrated to TIPS in April 2025**
- **Dankort** is the national debit card (90% of Danes have one, 40% of payments)
- Denmark became **first non-euro currency on all TARGET Services** (April 2025)
- **QR code payments** widely supported via MobilePay at 200,000+ merchants

## Banking landscape

### Central Bank
- **Name:** Danmarks Nationalbank
- **Website:** https://www.nationalbanken.dk/
- **Role:** Operates Kronos2 (now migrated to TARGET), payment system oversight

### Major Banks (2024)

| Rank | Bank Name | Total Assets (DKK) | Market Share | Type |
|------|-----------|-------------------|--------------|------|
| 1 | Danske Bank | 2,209,850 M | 26.19% | Domestic |
| 2 | Nykredit Realkredit | 1,686,040 M | 19.98% | Mortgage |
| 3 | Totalkredit | 1,000,100 M | 11.85% | Mortgage |
| 4 | Jyske Bank | ~780,000 M | ~9% | Domestic |
| 5 | Nordea Danmark | ~600,000 M | ~7% | Finnish subsidiary |

### Market Structure
- **Total Banks:** 88 operating in Denmark
- **Big Four:** Danske Bank, Nykredit, Nordea, Jyske Bank
- **Concentration:** Top 4 hold ~66% of total banking assets
- **Banking Assets:** ~300% of GDP

### Large Corporate Banking (2024)
- **Nordea:** 84% market penetration
- **Danske Bank:** 84% market penetration
- **SEB:** 56% market penetration

### Mortgage Market
- **Nykredit:** 37.00% share (largest)
- **Totalkredit:** 21.95% share
- **Jyske Realkredit:** Significant share

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| Kronos2 → TARGET | Nationalbanken | RTGS | Migrated April 2025 |
| Straksclearing → TIPS | Finance Denmark/Nets | Instant | Migrated April 2025 |
| Sumclearing | Nets | Batch clearing | Active |
| Intradagclearing | Nets | Intraday clearing | Active |
| Dankort | Nets | Card network | Active |
| MobilePay | Vipps MobilePay | Mobile payments | Active |

### Historic: Straksclearing (Express Clearing)
- **Launch:** November 21, 2014
- **Owner:** Finance Denmark
- **Operator:** Nets
- **Limit:** DKK 500,000 per transaction
- **Availability:** 24/7/365
- **2024 Volume:** 25% of GDP daily value
- **Status:** Migrated to TIPS April 2025

### April 2025 Migration to TARGET Services
- **Milestone:** Denmark first non-euro currency on all TARGET Services
- **Wholesale:** Kronos2 → T2
- **Instant:** Straksclearing → TIPS
- **Benefits:**
  - More robust and future-proof platform
  - Unified cyber threat protection with Eurosystem
  - Potential for easier cross-currency instant payments

### Daily Payment Volume (2024)
- **Kronos2:** DKK 101 billion interbank payments
- **Total Infrastructure:** DKK 732 billion daily average

---

## QR code standards

### MobilePay QR (Primary Standard)

| Attribute | Value |
|-----------|-------|
| **Standard Name** | Vipps MobilePay QR |
| **Type** | Mobile payment QR |
| **Operator** | Vipps MobilePay (merged 2022) |
| **Danish Users** | 4.5 million |
| **Total Nordic Users** | 11.5 million |
| **Merchants** | 200,000+ in Denmark |

#### March 2024 Migration
- 4.5 million Danish users migrated to unified Vipps MobilePay app
- New platform unites Norway, Denmark, Finland (Sweden joined 2024)

#### QR Payment Methods

**1. Customer Shows QR:**
- Every user has personal QR code in app
- Merchant scans customer QR to identify
- Sends payment request to customer's app
- No phone number exchange needed

**2. Customer Scans Merchant QR:**
- In-person: Scan QR generated by business
- MobilePay opens, customer approves payment
- Order confirmation displayed

**3. Static QR (Unmanned):**
- Vending machines, self-checkout, parking meters
- Print and display static QR code
- Customer scans, merchant receives notification
- Instant payment request sent

#### 2024 Statistics
- **Nordic Transactions:** 1.52 billion (Vipps MobilePay group)
- **Danish Instant Payments:** ~600 million (primarily MobilePay)

### Tap to Pay (December 2024)
- **Launch:** Norway first, Denmark following
- **Technology:** Apple NFC chip
- **Available:** Danske Bank and SEB cardholders
- **Activation:** Directly in MobilePay app

### FIK / Indbetalingskort (Payment-Slip OCR Line)

| Attribute | Value |
|-----------|-------|
| **Standard Name** | FIK — Fælles Indbetalingskort (FI-kort); older family: girokort |
| **Type** | Payment-slip reference line (OCR-B text, not a barcode) |
| **System** | Det Fælles IndbetalingsSystem, developed jointly by the banks and PBS A/S [11] |
| **Card types** | FI-kort 71, 73, 75; girokort 01, 04, 15 [16] |
| **Font** | OCR-B size 1, digits plus `<` and `+` [11] |

**OCR line format:** `+KK<payment ID+creditor number<`, e.g. `+71<000000000123455+80882939<` [11][18]. The read line has 58 positions of 1/10 in: `+` card type `<` (pos. 4–7), payment ID field (pos. 8–23), `+` 8-digit creditor number `<` (pos. 24–33) [11].

- **+71:** 15-digit payment ID (14 digits + modulus-10 check digit); allows automatic posting; the most common type [11][14][16]
- **+73:** no payment ID; free-text message to the payee (41 lines × 35 characters in online banking) [12][14]
- **+75:** 16-digit payment ID (15 + modulus-10 check digit) plus a message [13][14]
- **Girokort 01/04/15:** use a giro account number (up to 10 digits in bank payment files) instead of the 8-digit FI creditor number; 04 carries a 16-digit reference [15][17]
- **Creditor number:** 8 digits, assigned by the creditor's bank; it does not reveal the bank, so creditors can change bank without changing it [11]
- **Amount check digits:** pre-printed amounts on 73/75 slips may carry ISO 7064 MOD 97-10 check digits [12][13]

**How payers use it:** at a bank or post office, or by transfer in online banking, where the payer selects the card type and types the payment ID and creditor number [11][16]. Danske Bank's mobile app lets users "scan or enter the information on the payment form" [19]; photo payment of slips was introduced in Danske Mobilbank in December 2010 [20]. In OIOUBL e-invoices FIK is payment means code `93`, with the account ID starting `71#`, `73#` or `75#` and an 8-character creditor number [21].

See also: `reports/standards/fik.md`.

---

## Mobile payment apps

| App Name | Bank | MobilePay | QR | Instant |
|----------|------|-----------|-----|---------|
| Danske Bank | Danske Bank | Integrated | Yes | Yes |
| Nordea Mobile | Nordea | Via app | Yes | Yes |
| Jyske Bank | Jyske Bank | Via app | Yes | Yes |
| Nykredit | Nykredit | Via app | Yes | Yes |
| MobilePay | Vipps MobilePay | Native | Yes | Yes |

### MobilePay Standalone App
- Available on iOS and Android
- Personal QR code for each user
- Payment request via phone number or QR
- Business payment acceptance
- Tap to Pay for supported cards

---

## Third-party payment apps

| App Name | Type | QR Support | Status |
|----------|------|------------|--------|
| MobilePay | Mobile wallet | Yes | Dominant |
| Apple Pay | NFC Wallet | No QR | Growing (limited Dankort) |
| Google Pay | NFC Wallet | No QR | Growing (limited Dankort) |

### Wallet Payment Growth
- 2024: 1 in 3 physical commerce payments via wallets
- Dankort declining as Apple/Google Pay grow
- MobilePay remains dominant for QR payments

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [MobilePay QR](https://docs.barcoder.ai/docs/payments/DK/mobilepay-qr) | Payment QR | QR Code | 4.5M users | [`mobilepay`](https://docs.barcoder.ai/docs/standards/mobilepay) |
| [Dankort](https://docs.barcoder.ai/docs/payments/DK/dankort) | Debit card | Card | 90% of Danes | [`dankort`](https://docs.barcoder.ai/docs/standards/dankort) |
| [FIK (FI-kort +71/+73/+75)](https://docs.barcoder.ai/docs/payments/DK/fik) | Payment-slip reference | OCR-B text line | Active | [`fik`](https://docs.barcoder.ai/docs/standards/fik) |

## Sources

- [Vipps MobilePay - QR Codes Documentation](https://developer.vippsmobilepay.com/docs/knowledge-base/qr-code/)
- [Vipps MobilePay - New App in Denmark](https://vippsmobilepay.com/en-NO/news/2024/03/12/new-app-in-denmark)
- [Danmarks Nationalbank - Payments Infrastructure](https://www.nationalbanken.dk/en/what-we-do/safe-and-efficient-payments/the-payments-infrastructure-in-denmark)
- [Danmarks Nationalbank - TARGET Migration](https://www.nationalbanken.dk/en/news-and-knowledge/press/archive/2025/danmarks-nationalbank-has-moved-krone-payments-to-the-pan-european-payment-system-23-04-2025)
- [TheBanks.eu - Denmark Major Banks](https://thebanks.eu/countries/Denmark/major_banks)
- [Wikipedia - MobilePay](https://en.wikipedia.org/wiki/MobilePay)
- [Stripe - MobilePay Guide](https://stripe.com/resources/more/mobilepay-an-in-depth-guide)
- [Adyen - Dankort](https://www.adyen.com/payment-methods/dankort)
- [Transfi - Denmark Payment Rails](https://www.transfi.com/blog/denmarks-payment-rails-how-they-work---dankort-mobilepay-instant-transfers)
- [BIS - TIPS Cross-Currency Speech](https://www.bis.org/review/r241007m.htm)
- [PBS A/S - Fremstilling af indbetalingskort +71< (August 2009)](https://danskebank.dk/PDF/Blanketter/ERHVERV/Indbetalingskort/Fremstilling_af_71-kort.pdf)
- [PBS A/S - Fremstilling af indbetalingskort +73< (August 2009)](https://danskebank.dk/PDF/Blanketter/ERHVERV/Indbetalingskort/fremstilling_af_73-kort.pdf)
- [PBS A/S - Fremstilling af indbetalingskort +75< (August 2009)](https://danskebank.dk/PDF/Blanketter/ERHVERV/Indbetalingskort/fremstilling_af_75-kort.pdf)
- [Danske Bank - Vilkår for Fælles indbetalingskort (FIK), December 2002](https://danskebank.dk/PDF/Priser-vilkaar-faktaark/Erhverv/Betalinger/VilkaarFIK.pdf)
- [Spar Nord - Betalingsfil KASEL](https://media.sparnord.dk/dk/erhverv/support/betalingsfil-kasel.pdf)
- [Dinero - Girokort (ordbog)](https://dinero.dk/ordbog/girokort/)
- [Microsoft Docs - Payments and reconciliation formats (DK)](https://github.com/MicrosoftDocs/dynamics365smb-docs/blob/main/business-central/ui-extensions-payments-reconciliation-formats-dk.md)
- [odoo/odoo - l10n_dk_fik](https://github.com/odoo/odoo/tree/master/addons/l10n_dk_fik)
- [Danske Bank - Paying a payment form](https://danskebank.dk/en/personal/help/payments-and-transfers/paying-a-payment-form)
- [Mobilsiden - Nu kan du betale regninger på mobilen (2010)](https://mobilsiden.dk/?p=104216)

## Full country report

[DK-denmark.md](https://docs.barcoder.ai/docs/payments/DK)