DNB wanted to be the first mover in simplifying payments in Norway. They decided to offer their customers and non-customers a simple person-to-person (P2P) payment solution (mobile payments). Beating all estimates, the app gained unprecedented traction, to become the highest downloaded app in Norway. Vipps become a ‘verb’ and a brand in Norway, with the market value equivalent to apple in Norway.
We captured all high-level requirements and detailed the solution concept leveraging our in-depth knowledge in the payments industry, and our competency in developing mobile based solutions.
We made the app available on iOS, Android, Windows and able to support Apple watch. This allowed customers to make P2P Payments, Business Payments, and E-Commerce payments with several rich features like chat messages, split bills, photo upload, and biometric authentication.
“TCS is a reliable partner that focuses on strategic business value.”
To drive an early mover advantage for DNB, TCS implemented the solution with extreme agility within a short span of 5 months -making DNB a first mover in P2P space within the Norwegian marketplace.
Customer Tweet:
Vipps is simple and fun, yet secure to use. This has led to rapid end user adaption, where 80% of Norwegians know Vipps and more than half the population uses it, of which 55% are non DNB customers.
