Norwegian mobile payment service Valyou closes down
The Norwegian Valyou mobile payment service started by DnB and Telenor will be closed at the end of this month as a result of slower than expected activation of NFC enabled POS terminals and a much lower than expected end user uptake.
Existing Valyou users will continue to be able to pay with Valyou in stores until 30 November when the service will be stopped. Users have been informed by SMS message that they will not need to take any action and that all bank cards in their mobile wallet will be automatically deleted by the issuing bank.
The Valyou app is no longer be available for download.