Mobile payments

Mobile payment is the most inexpensive, quickest and most convenient way of non-cash settlements between individuals, because

  • the mobile payment is free of charge - you only pay for a call to your mobile operator
  • the mobile payment accrues immediately, incl. on weekends and public holidays and even between banks who offer this type of payment (currently, only Swebank and SEB offer the mobile payment)
  • you can transfer money at any time in Estonia via your mobile phone
    You only need to know the recipient’s mobile telephone number to make a payment.

Both the remitter and the recipient must have entered into a mobile payment agreement.
You can start making payments as of 12.00 on the day following the entry into the agreement. A respective message is sent to your mobile phone as well.

How to make a mobile payment?

Example 1.

You are in a café having a nice evening with your friends. When the time to pay the bill arrives, mobile payment is the best way: your friend takes care of the bill for everyone and you can pay them your share by making a mobile payment. You do not need to make a transfer in the Internet bank or withdraw cash.

Example 2.

Your child urgently needs money. You can make a mobile payment wherever you’re in Estonia and the money accrues to your child’s account immediately.

Frequently asked questions

  • Where can I enter into a mobile payment agreement?

  • Does the remitter or the recipient have to have a mobile payment agreement?

  • How soon after entry into an agreement can I start making mobile payments?

  • Can I use the mobile payment with a prepaid card?

  • How big is the risk that a stranger can make a mobile payment from my mobile phone?

  • What should I do if the phone is lost or stolen?

  • What should I do if I have forgotten the security code or the service has been blocked?

  • If my mobile telephone number changes, do I have to change the mobile payment agreement?

  • Can a mobile payment be made only between Swedbank accounts?

  • In what currencies can I make the mobile payment?

  • Where can I get information about a mobile payment made?

  • Can I change the mobile payment limit?