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Here in Norway, anyone asking for a recurring payment will offer either invoice by e-mail or a more automated eFaktura (electronic invoice). After the first pa

Here in Norway, anyone asking for a recurring payment will offer either invoice by e-mail or a more automated eFaktura (electronic invoice). After the first payment to a party offering eFaktura, you'll get the option in your online bank service to start an eFaktura agreement with this company. Once you've done that, the invoices will be sent and paid for automatically (or when you choose). This system was created by a company jointly owned by all the banks in Norway and is thus supported by all of them.

kalleboo 15y ago
We have the same thing in Sweden, in addition to direct debit and being able to pay for things (while shopping online) instantly via your online banking instead of using your credit card. It all uses industry standards so that any bank or merchant can hook into it. The banks here also back an online ID system which has the same legal status as a signature, meaning you can sign up for various banking/insurance etc things online. The same ID system is also used to file taxes online. Whenever I read about banking in the U.S., it strikes me how incredibly outdated it is. Outside of the U.S. I don't think I've ever seen a paper cheque.