Dankort

Today it is often combined with a Visa card or Mastercard (depending on issuing institution) and functions as a Visa or Mastercard debit card abroad and in stores that don't accept Dankort.

The first Dankort was issued by Pengeinstitutternes Købe- og Kreditkort in September 1983.

In the beginning of 2005 the Danish banks introduced a 50 øre per transaction fee for using a Dankort card.

Merchants are not allowed to pass this fee on to the consumer wishing to pay with a Dankort.

In the past they used to charge an extra fee for these cards, but this is now against EU law (Payment Services Directive).