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Name | Symbol | Market | Type |
---|---|---|---|
Axfood AB (PK) | USOTC:AXFOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.401133 | 24.401133 | 24.401133 | 0.00 | 00:00:00 |
By Dominic Chopping
STOCKHOLM--Swedish food retailer Axfood AB (AXFO.SK) said Friday it has signed an agreement with Swedbank to introduce a mobile payment service in Hemkop, Willys and PrisXtra stores.
MAIN FACTS:
-Since mid-May, Swedbank and Axfood, together with customers, have carried out a pilot project using the Bart payment service in three Hemkop stores in the Stockholm area.
-Bart is linked to a bank card and when payments are made generates a card transaction via a QR code in a mobile telephone. The QR code is scanned at check-out.
-Shares closed Thursday at SEK242.90, valuing the company at SEK12.74 billion.
-Write to Dominic Chopping at dominic.chopping@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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