Sweden’s four largest operators – Telia, Tele2, Telenor and 3 – have launched a mobile wallet joint venture dubbed WyWallet. The partners claim the service will be available to 97 percent of the country’s mobile users and enable services such as person-to-person money transfer, online shopping, topup of prepaid cards, and paying for SMS-based services like public transport, ticketing and voting.

WyWallet also supports point-of-sale payments using NFC and live tests in shops start next week. WyWallet is available at launch on Android, iPhone and Java platforms and will be extended to Windows Phone later this year. Details of the initiative first emerged last year.