MobilePay is a digital wallet that allows consumers to use an app on their mobile device to make payments at tens of thousands of venues. MobilePay was first developed by the Danish company Mobilepay A/S, and is accepted in the Kingdom of Denmark (including Greenland but excluding the Faroe Islands), as well as Finland.

Users must be residents of Denmark or Finland, have a bank account and mobile device with a phone number associated with the proper country, and be at least 13 years old. Individuals can have only one account, but companies can also have a business account; fees are associated with business accounts.

In physical locations, users can pay by simply opening up the app and tapping on the “Pay here” button at the point of sale (POS) of participating retailers or restaurants. They will then be prompted to enter their PIN or fingerprint ID on their phone. 

MobilePay is accepted at over 150,000 merchants in Denmark and Finland, including big-name brands like Dunkin Donuts and McDonald's, as well as most online retailers in the area.

The MobilePay Network provides merchants with software that lets them accept mobile payments through their existing POS systems. The merchant receives an alert when a consumer makes a purchase through MobilePay, so there's no need for them to keep track of individual transactions manually – they'll be able to see all of their MobilePay activity in real time on their dashboard throughout the day.

MobilePay Network charges merchants fees based on how much money they process through its system each month, but does not charge consumers using debit cards (credit cards users will be charged monthly interest).