MobilePay versus Swipp - Main insights from a Nordic country for mobile payment apps

Karl-Heinz Moritz, Georg Stadtmann and Tobias Stadtmann

No 406, Discussion Papers from European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics

Abstract: We describe the development of the market for mobile payments in Denmark. In the first step, we explain the two main competing products as well as their underlying technologies. In the second step, we also analyze the competition within the Danish market from debit card companies and the competition which stems from outside of the banking industry (Apple Pay). Based on our analysis, we derive some managerial as well as policy implications.

Keywords: FinTech; First-Mover Advantage; Open versus closed platforms; two sided markets; diffusion; market entry (search for similar items in EconPapers)
JEL-codes: B52 G21 L86 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-ban, nep-com and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:euvwdp:406

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