Payment methods in Denmark: Best ways to pay & send money

Introduction

Denmark is well known for its efficient financial system, where digital payments dominate daily transactions. Understanding payment methods in Denmark is essential not only for locals but also for international workers and travelers. Whether shopping domestically or sending money abroad, knowing the best ways to pay in Denmark ensures smooth transactions.

For cross-border needs, PandaRemit provides a secure, low-cost, and convenient solution for sending money internationally from Denmark.

Why Payment Methods Matter in Denmark

Denmark is among the most cashless societies in the world. With high smartphone penetration, strong banking infrastructure, and widespread trust in digital platforms, locals rely heavily on cards and mobile wallets. This financial environment makes payments seamless but also increases the importance of reliable international remittance solutions like PandaRemit.

Country Stats:

• Population: ~5.9 million
• GDP (USD): $432 billion
• Currency: Danish Krone (DKK)

Country Overview Table

Main Local Payment Methods in Denmark

1. Credit & Debit Cards

   • Denmark has one of the highest card penetration rates in Europe. Visa and Mastercard are widely accepted, while Dankort remains the national debit card.

2. Mobile Wallets (MobilePay, Apple Pay, Google Pay)

   • MobilePay is Denmark’s most popular digital wallet, linked directly to bank accounts and used by over 4 million people. Apple Pay and Google Pay are also gaining ground.

3. Bank Transfers

   • Instant transfers between Danish banks are common and trusted for personal and business payments.

4. Cash

   • Cash use is minimal, with most shops and restaurants preferring digital payments. However, cash is still accepted for small purchases.

International Transfers from Denmark

While Denmark’s domestic payment methods are highly digitalized, sending money abroad can be expensive if using traditional banks. This is where PandaRemit stands out.

With PandaRemit, locals can:

• Send money internationally at lower fees than banks.
• Enjoy fast transfers with secure systems.
• Use multiple funding options (cards, bank transfer) to complete international payments.

For Danes needing to support family, pay tuition, or manage overseas commitments, PandaRemit is a reliable choice.

How to Pay in Denmark (Table)

FAQ

1. Is PayPal available in Denmark?
Yes, PayPal is available but less popular compared to MobilePay.

2. Are credit cards widely accepted?
Yes, cards are the most common payment method across Denmark.

3. Do people still use cash?
Cash use is rare, but it’s still accepted in most shops.

4. How can foreigners pay easily in Denmark?
Foreigners can pay using international cards or mobile wallets like Apple Pay.

5. How to send money internationally using PandaRemit from Denmark?
Download the PandaRemit app or use the website, register, choose your recipient country, fund your transfer via card or bank account, and send securely at low cost.

Conclusion

Denmark is a leader in digital payments, with cards, MobilePay, and online transfers shaping daily life. While cash plays a minimal role, international money transfers remain important for many Danes.

For those looking to send money from Denmark, PandaRemit is the trusted, fast, and affordable solution. Whether supporting loved ones abroad or handling global financial needs, PandaRemit ensures your money arrives securely.