Finland Simplicity User Tender

The coronavirus pandemic has caused consumers to change their shopping habits in a short space of time and this will have a lasting effect on retail in Norway. Using new technology with the objective of providing simplicity and a good user experience will be absolutely central in the battle to win consumers favour.New figures from Norges Bank reveal that cash is now only being used for 3 of transactions in Norway and that cash is in the process of disappearing from day-to-day commerce. Taxis restaurants car parks and bus services are examples of businesses that have in the middle of the coronavirus pandemic adopted new digital solutions to make day-to-day life easier and safer for people.In parallel with the decline in the use of cash the level of interest in contactless payment is increasing. This technology has been widely available in Norway since 2018 and has made a big leap forward in terms of popularity in recent months. New figures from TietoEVRY indicate that when Norway locked down in response to the coronavirus pandemic in spring the use of contactless payment technology exploded and it is now used for around 70 of all card payments. Use of the technology is expected to continue to increase not least as a consequence of the contactless payment limit increasing to NOK 400.Shopping and payment becoming easierNorgesGruppen has in the middle of the coronavirus pandemic launched new modern credit cards for all its Trumf loyalty program members which will make it easier for users to pay using contactless technology.This is however not the only new development. Trumf members will also be able to access a separate app that makes it easier for them to manage their payment card and to access relevant data on their payment transactions. The app allows families to view all their accounts in one place which will make it easier for them to keep track of their finances. NorgesGruppen has also made it significantly easier to become a Trumf member. Thanks to a web-based application process new members will be able to immediately access their Trumf Visa card for use for online shopping with their physical card being sent out to them a short time after.Trumfs payment services and membership benefits are an integral part of NorgesGruppens work to continually make payments simpler and better for our customers explains Ingrid Solberg Gundersen Director of Communications at NorgesGruppen.Ecommerce is changing consumer habitsIt is not only payment cards that are changing. The closure of society due to the coronavirus pandemic contributed to strong growth in eCommerce in the second quarter of 2020. According to the Federation of Norwegian Enterprise an industry organisation eCommerce grew by 58 in April and 36 in May. Its forecast for the year is for growth of 25 but there are numerous indications that the actual rate will be higher as the second coronavirus wave spreads across Norwegian society.The day before Christmas Eve and the weekend before Christmas Eve have traditionally been the busiest days for shopping in Norway. In recent years Black Friday has gradually come to occupy a more important position. We are seeing two important changes to shopping patterns as a result of the coronavirus pandemic. The first change is that many shops are running week-long Black Friday campaigns to spread out visitor traffic in their physical stores. The other change is that online is increasingly consumers first choice destination for Black Friday sales and Christmas shopping.TietoEVRY expects there will be about a 30 increase in Black Friday traffic in 2020 compared with last year. Its forecasts indicate that Norwegians will swipe their cards around 13 million times on Black Friday shopping this year. This is double the number of transactions seen in 2017. Last year Norwegians spent around NOK 3.5 billion on Black Friday shopping. This year this amount is expected to rise to more than NOK 4 billion. For comparison Saturday 19 December is expected to be the biggest trading day in December with around 10 million transactions expected.The successful retailers of the future will need to combine physical stores with eCommerce and will need to create integrated concepts and smart payment solutions that ensure that transactions can be completed quickly safely and efficiently comments Mario Blazevic VP for Card Solutions at TietoEVRY. Mario points to three examples of developments that will dramatically change the experience of shopping online in the future.VR headsets can give customers a far more realistic picture of products and can enhance the shopping experience taking eCommerce to new heights. His second example is that mobile phones will be consumers first choice for shopping online. Mobile-friendly design and simple navigation are important to all phases of the buying process. A third example is automated chatbots that will make customer service quicker more adapted to the individual user and available 247.