Upcoming changes in Swedish payment infrastructure

Sweden is facing one of the biggest changes in the history of its payment infrastructure, regarding the updated payment type Credit Transfer. Please refer to the information in the below link.

PLEASE NOTE - INFORMATION ABOUT V 2 PAYMENTS APIs!

Update regarding V2 Payments API for Swedish customers.

The withdrawn V2 Private Payments API will be relaunched after summer. Exact date will be communicated closer to the launch and we are then welcoming you to switch from the V1 Payment API.

The V2 version, both corporate and private, will have added endpoints for Other Bank Domestic Credit Transfer (all other endpoints in V2 remain the same) and must only be used for payments that should be processed a.s.a.p. as we recognize this is important for some TPPs.

In short:

- When the Other Bank Domestic Credit Transfer is used the account is debited straight after the payment has past all internal validations.

- When the SEK Credit Transfer payment is used the account is debited by choice of the TPP/Customer (future dated).

Updates will be communicated via email and the Developer Portal. The V1 Payment API remains fully supported and available. We apologize for any inconvenience caused.

Information regarding SEK Credit transfer

For frequently asked questions and answers about SEK Credit transfer please follow below link

FAQ: FAQ about SEK Credit Transfer

 

 

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