Since we started out more than forty years ago we’ve always strived to make the handling of payment and information as easy as possible. Technology constantly challenges this ambition by opening up new opportunities. To make the most of these opportunities we work determinedly to develop innovative solutions.
Our effort has led to products such as the Nordic electronic payment services “AvtaleGiro” and “Betalingsservice”. Products relieve the pressure and save time. Not only for our clients, but also for the citizens in Norway and Denmark who enjoy a steady system handling the monthly bills – and have been doing so for decades.
In 1983 we introduced the Danish national debit card “Dankort”. Later on in 1991 we launched the Norwegian “BankAxept”. These cards didn’t just change the way Nordic companies and consumers interacted, they set a new agenda for the exchanges of money. Traditional cash was on the retreat and has been ever since. Today almost thirty years after we presented the first debit cards they remain an essential part of the everyday shopping with leading positions in both Norway and Denmark.
By introducing NemID in Denmark and BankID in Norway we are once again pushing things forward. These solutions help both private companies and public institutions act more efficiently and spare the environment by removing the need for paper.
In the future we want to develop our strong foothold in the Nordic Region and strengthen our international position to support and help our customers grow into new markets. We are ready to face the challenges and seek the options of tomorrow and we look forward to write the next chapters in the history of our industry.
History, short version
Visa Norge added MasterCard to the product portfolio in 2003 and the company’s name was changed to Teller.
In 2005 BBS expanded its activities on the Nordic market by acquiring Ingenico AB (Sweden), BBS Manison (Finland) and Sagem (Denmark).
Teller purchased the exclusive rights for acquiring American Express in 2006. The following year, Teller was taken over by Nordito AS.
BBS strengthened its position on the Danish market in 2007 with the acquisition of LD Betalingssystemer. Later in 2007 BBS was taken over by Nordito.
In 2009 we became Nets as Danish PBS Holding A/S and Norwegian Nordito AS, the parent company of BBS and Teller, joined forces.
In 1991 we launched the Norwegian national debit card BankAxept that has become the most commonly used payment method in Norway.
In 1983, PBS introduced the national debit card, the Dankort.
In 1972, the two major Norwegian players in electronic payment services, Bankkort and Bankgirosentralen, merged into BBS to establish a strong position on the domestic market. In 1974 direct debit was introduced on the Danish market. The Teller company was established in 1977 under the name Visa Norge. Since then, the company has played an important part in establishing the Norwegian market for international payment cards.
The Danish banks were among the first in the world to develop and invest in electronic payment services in the 1960s. The result was PBS, which was established in 1968 and, in the following decades, played a central role in payment solutions and associated services on the Danish market.