How to Buy Bitcoin & Crypto with Vipps MobilePay

You can use Vipps MobilePay in the Nordics to fund crypto purchases on CEX.IO through the Visa or Mastercard linked to your Vipps MobilePay account and through SEPA transfers from your bank. The Vipps MobilePay app itself does not appear at CEX.IO checkout. The practical Nordic routes run through the card your bank issued or a SEPA Credit Transfer from your bank IBAN.

If your bank issued you a Visa or Mastercard, that card works at CEX.IO Instant Buy. Apple Pay and Google Pay linked to the same card give you a mobile-first route. SEPA Credit Transfer carries larger purchases at €2.99 per transfer.

In this guide, we explain how Vipps MobilePay works, why CEX.IO uses card and SEPA routes for Nordic users, and what alternative payment methods to expect.

Disclaimer: The Vipps MobilePay app is not a supported checkout method on CEX.IO. Nordic users buy crypto through the Visa or Mastercard their bank issued, through Apple Pay and Google Pay linked to that card, or through a SEPA Credit Transfer from their bank IBAN. Norway uses NOK, which CEX.IO converts at the SEPA EUR rate.

What is Vipps MobilePay?

Vipps MobilePay is a Nordic mobile payment service. The brand formed in 2022 when Norwegian Vipps and Danish MobilePay merged into one company. DNB Bank launched Vipps in Norway in 2015. Danske Bank launched MobilePay in Denmark in 2013. The merged company runs as Vipps MobilePay AS, headquartered in Oslo, and serves more than 11 million users across Norway, Denmark, and Finland.

Vipps MobilePay supports peer-to-peer transfers, in-store payments through QR codes, online checkout, bill payments, and recurring subscriptions. The app links to the user’s bank account and Visa or Mastercard debit card. A Vipps MobilePay account ties to a Norwegian, Danish, or Finnish phone number.

Almost every adult in Norway uses Vipps. The service handles more than 90% of Norwegian P2P mobile payments. MobilePay holds similar reach in Denmark. In Finland, MobilePay launched in 2018 and continues to grow share.

How does Vipps MobilePay work?

Vipps MobilePay runs on top of bank accounts and cards. The user links a Norwegian, Danish, or Finnish bank account and a Visa or Mastercard debit card to the app. The app generates a unique phone-number-based identifier for the user. To pay, the user picks a contact, a merchant QR code, or an online checkout button and confirms the transfer through BankID (Norway), NemID/MitID (Denmark), or strong customer authentication (Finland).

For P2P transfers between Vipps MobilePay users, the funds clear in seconds. For online checkouts, Vipps MobilePay charges the linked card and credits the merchant. The user only signs in to the app and confirms, which removes manual card entry.

CEX.IO does not list Vipps MobilePay as a direct checkout method. The card your Nordic bank issued and your bank IBAN carry CEX.IO purchases.

How to Buy Bitcoin at CEX.IO

The four steps below cover Instant Buy with the Visa or Mastercard your Nordic bank issued.

Create and verify your account

Sign up on CEX.IO using your email address and set a secure password. Confirm your email, then complete identity verification in your account dashboard or through the mobile app.

You will need to:

• Be 18 or older
• Provide basic personal information
• Upload a valid ID document (national ID, driver’s license, or passport)
• Complete any additional checks if prompted

Open the Instant Buy section on CEX.IO

Once your CEX.IO account is ready, log in and head to the Buy Cryptocurrency tab:

• Specify your fiat currency (EUR works for Finland; Norway and Denmark route through EUR)
• Enter the amount you want to spend
• Choose BTC or another supported asset
• Click Buy Crypto Instantly to move to the Add Funds page

Select Payment Method

On the Add Funds page, choose card payment and enter your Visa or Mastercard number, expiration date, and security code. Authenticate the transaction through 3D Secure with BankID, NemID/MitID, or your bank’s app.

If you prefer e-wallets, link the card to Google Pay or Apple Pay first, then pick that wallet at checkout. For larger amounts, switch to a SEPA Credit Transfer from your Nordic bank IBAN.

Receive Bitcoin

After your bank approves the card payment, CEX.IO credits Bitcoin to your CEX.IO Wallet in seconds. SEPA Instant transfers land within seconds, and SEPA Credit transfers settle within one business day.

Once you receive your BTC, you can hold it, trade it on Spot Trading, convert it via CEX.IO Convert, or send it to a self-custody wallet.

Vipps MobilePay transfer fees and limits

Vipps MobilePay does not charge users for P2P transfers up to 5,000 NOK or 5,000 DKK per month. Larger transfers carry a small fee. Online merchant payments through Vipps MobilePay charge the merchant, not the user, which means a Vipps MobilePay-supported merchant does not pass through transfer fees to the buyer.

On CEX.IO, the card route from a Nordic bank carries the standard fee structure: 0.49% to 4.99% plus a service charge, with a minimum deposit of $20. The full cost appears before you confirm.

SEPA Credit Transfer from a Nordic bank IBAN to CEX.IO costs €2.99 per transfer. SEPA Instant transfers cost the same and settle within seconds if your bank supports them. Norwegian NOK transfers run through the bank’s FX conversion to EUR first.

Nordic banks set their own daily card-spending limits, usually 25,000 to 50,000 NOK or DKK per day. Check your bank app for the exact figure before placing a larger order.

What payment methods are available at CEX.IO?

Nordic users get several CEX.IO funding routes besides cards.

Buy BTC with Google Pay / Apple Pay

E-wallets handle quick mobile checkouts well. You can buy crypto with Apple Pay or Google Pay by confirming the transaction directly on your device.

US-based customers can also buy crypto with PayPal (available only in this country). Nordic users use card and SEPA routes.

Buy BTC with Bank Account

For larger amounts, a bank transfer gives you more control. EU customers, including Finnish users, send euros over SEPA for €2.99 per transfer. Norwegian and Danish users send euros from their bank IBAN through SEPA after FX conversion. UK customers use Faster Payments for £2.99. International users send funds via SWIFT.

Buy Bitcoin with Cash

If you prefer cash, two routes work. One is a Bitcoin ATM, where you deposit cash and send BTC directly to your CEX.IO Wallet. Bitcoin ATMs typically charge higher markups.

Another route is MoneyGram. Deposit cash at a participating location, fund your CEX.IO account in USDC, and use those funds to complete the purchase.