Dankort is the national debit card of Denmark, and a preferred payment method for e-shopping. Used for a vast majority of retail payments in the country, it was established as a shared national electronic debit card system in the mid-70s, by Danish banks and savings institutions. The project demanded development of new hardware, software, and payment procedures, and generated exceptional public interest.
Today, what is usually meant under this name, is the combined Visa/Dankort card, launched in 2001 as a co-branded project between the two services. It can be used both for national transactions and abroad. However, most Danish merchants still accept only Dankort cards issued in the country, due to higher fees banks charge for foreign cards. Since 2004, Dankort cards come equipped with a magnetic, and an added security chip.
This is a payment utility and can be used to withdraw money at ATMs, as well as most banks in the country. Danes embrace it as a safe, reliable and practical solution for online purchases.
How Does Dankort Work?
You can use this method to deposit at casinos safely and easily. Since transactions are processed on the Internet, what you need is the card's specific form, with the service to inquire about called eDankort. It is widely available in Denmark, where it is offered by the majority of national banks. Before the service can be activated, you will first need to open an account with a participating bank. It functions just like ready money, providing instant payments without having to carry cash around. Funds are taken directly from a bank, by entering the card number and PIN code. Casinos that accept deposits made via this method will always indicate whether Dankort or Visa issue a card. Take note that additional fees may be charged on transactions via the latter. As of 2017, Bokis, a collective of over 60 Danish banks, offers a new app to enable Dankort payments on mobile. The wallet app is developed by Nets and can be downloaded directly from Google Play and App Store.
As of 2017, Bokis, a collective of over 60 Danish banks, offers a new app to enable Dankort payments on mobile. The wallet app is developed by Nets and can be downloaded directly from Google Play and App Store.
Pros and Cons
Arguably one of the cheapest payment solutions, Dankort is also very simple to use. Funds are transferred through your own bank, which provides added security. Majority of cardholders emphasize convenience as the main reason for using this method, along with instant and guaranteed transactions. It is accepted by most retailers and is free of extra charges. However, among its major downsides is the fact that few casinos accept it, and even then mostly as a deposit option.
|Dankort payment method fees and facts
|Countries restricted from using Dankort
|Link to terms & conditions
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