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Swish is a popular mobile payment app used in Sweden that allows you to easily buy cryptocurrency on Paybis. This guide will walk you through the steps to complete your purchase using Swish.
Requirements
Before you begin, please ensure you meet the following requirements:
You are a customer located in Sweden.
You have the Swish app installed on your mobile phone.
Your Swish app is linked to a Swedish bank account.
You have Mobile BankID set up for identification.
Step-by-Step Guide
Start your transaction: On the Paybis exchange widget, select SEK as your fiat currency and choose Swish as your payment method.
Select your crypto: Choose the cryptocurrency you wish to buy and enter your wallet details.
Scan the QR Code: You will be redirected to a Swish payment page displaying a QR code, the total amount in SEK, and a countdown timer.
Approve the payment: Open the Swish app on your mobile phone and scan the QR code. Verify your identity using your Mobile BankID (via PIN, fingerprint, or face recognition) and approve the payment. If you are using a mobile device, you will automatically return to Paybis after approval.
Wait for processing: Once approved, the Paybis screen will update to show "Your transaction is being processed," "Please wait," and eventually "Your funds are on the way."
Receive your crypto: Processing your payout usually takes up to 10 minutes. We will send you an email notification as soon as it is complete!
Limits and Fees
Currency: Swish transactions are only available in SEK.
Limits: The minimum transaction is 50 SEK, and the maximum is 115,000 SEK (this maximum may vary depending on the cryptocurrency).
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Fees:
For transactions under €57.31 (or SEK equivalent), a flat fee of €2 is applied.
For transactions of €57.31 and above, a total fee of 3.49% is applied (consisting of a 1.50% Service fee and a 1.99% Paybis fee).
Standard network fees apply depending on the cryptocurrency you are purchasing.
Frequently Asked Questions
What happens if the timer runs out? The Swish session has a strict timeout of 3 minutes. If you do not scan the QR code and approve the payment within this 3-minute window, the payment will expire, and you will need to start a new transaction.
Can I cancel the payment? Yes, you can cancel the transaction directly on the Swish payment page by clicking the "Avbryt" (Cancel) link.
Need help?
If you run into any issues while making a payment, do not hesitate to contact us via live chat or email at support@paybis.com