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Norway is a highly digitalized country with a strong preference for contactless payments and mobile wallets. Cash usage is declining rapidly, particularly among younger generations. Norway showcases a highly developed and largely cashless payment environment. Credit and debit cards (Visa and Mastercard) are dominant, with contactless payments being nearly universal. Online banking is exceptionally prevalent, and bank transfers are routinely used for various transactions. Cash is rarely used in daily transactions, reflecting the high level of digital literacy and advanced digital infrastructure. Mobile payment solutions are extensively integrated into daily life.

Population

Estimated Population

5.4 million

Currency

Currency

Norwegian krone (NOK)



Popular payment methods