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Who we are

As a Nordic FinTech company specialised in powering digital payments, we connect banks, businesses, the public sector and consumers via an international network facilitating digital payments.

We offer a wide range of standard and customised end-to-end IT solutions, building on our comprehensive network and a commitment to deliver stable and secure operations at all times. We provide a broad range of services within payment cards, bank account services, and payment solutions for merchants.

For more than four decades, we have been instrumental in developing a modern payment infrastructure, with the introduction of a number of successful payment products to the Nordic region, including Dankort, Betalingsservice, NemID, BankID, Avtalegiro and BankAxept.

Behind every service or solution we offer lies a simple promise: Great payments, great networks and great ideas provided by great people.


​​​​​​​​​Three main business areas - multiple offerings

Our customers are from all corners of society and include banks, corporations, merchants of all sizes and public sector organisations.

Reflecting this, we provide a comprehensive choice of services covered by our three main business areas:

Merchant Services
We offer a complete portfolio of payment solutions and value-added services for all types of businesses and channels, from small shops to large multinational retail chains. Merchant Services are present across all Nordic countries.


Financial & Network Services
Financial & Network Services help both issuers and acquirers with solutions ranging from transaction processing to entire card management systems and merchant acquirer services. Card Services also handle domestic card schemes in Denmark and Norway, currently processing 2.6 billion transactions a year for Dankort and BankAxept combined.


Corporate Services
Corporate Services enable most Danes and Norwegians to pay their bills through Nets’ direct debit solutions BetalingsService and AvtaleGiro. In addition, Account Services provide the infrastructure used by banks for clearing and settling payment transfers, operate the Danish and Norwegian national digital identities, NemID and BankID, and help customers make their business processes paperless.


​​​​​​​​​It all began in 1968 …

At Nets, payments have been at the core of our business ever since we sat out in 1968. While our offerings to banks, merchants and consumers may be different today from what it was then, payments are still an integral part of everything we do.

Learn more about our history in the timeline in the top right corner.


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Board of directors
Group structure
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At Nets, we deliver great payments, a great network and great ideas, carried out by great people.

Powering digital payments

 History, the short version


In 2015 Nets acquires Storebox which provides e-receipts, loyalty and information solutions for consumers. 

By November 2015 the real-time clearing system has been operational for one year.

During 2015 NemID celebrates more than 3 billion transactions processed since its launch in 2010.

In 2015 Nets acquires Nordea Merchant Acquiring.

​In 2015 Nets ​launches the contactless Dankort and a new loyalty programme on the Dankort infrastructure.

AvtaleGiro celebrated its 20th anniversary In 2015.

In 2015 Nets acquires Signaturgruppen with extensive specialist knowledge of digital signature solutions based on the NemID infrastructure

In 2015 Nets launches a white label wallet solution with Eika.

In 2014 Nets acquires the majority share in the Swedish based DIBS, Payzone Nordic and the Finnish based Paytrail Plc.
In 2014 Nets is acquired by Advent International, Bain Capital & ATP.
Nets acquires Luottokunta, Finland in 2012.

Nets is created in 2010 as a result of the merger between the Danish company, PBS Holding A/S, and the Norwegian company, Nordito AS, which is the former parent company of BBS and Teller.

In 2009 BBS acquires Sagem Denmark and PBS acquires Auriga in 2008
BBS strengthens its position on the Danish market in 2007 with the acquisition of LD Betalingssystemer.
PBS and BBS create the joint venture company NETS (offering card processing services) in 2007.

PBS buys PBS International in 2006.
In 2005 BBS expands its activities on the Nordic market by acquiring Ingenico AB (Sweden), BBS Manison (Finland) and Sagem (Denmark).
PBS splits up into three separate companies in 2003.
Visa Norge adds MasterCard to the product portfolio in 2003 and the company's name was changed to Teller.

In 1991 the Norwegian national debit card BankAxept that has become the most commonly used payment method in Norway is launched.
In 1983, PBS introduces the national debit card, the Dankort. This was a milestone in the field of payment as the Dankort digitalised the every-day purchases.

The Teller company is established in 1977 under the name Visa Norge.
In 1972, the two major Norwegian players in electronic payment services, Bankkort and Bankgirosentralen, merge into BBS to establish a strong position for themselves in the domestic market.
Bankkort AS is established by the Norwegian commercial banks and savings banks in 1970.

In 1968 PBS is established in Denmark. A Year after in 1969 the commercial banks in Norway establish Bankgirosentralen Forretningsbankenes Avregningskontor AS (BGS).