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Toss vs Vipps
Toss and Vipps are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on Toss and $1,000 on Vipps, before withdrawal or currency-conversion costs.
Updated · from each platform’s published fees and payout terms · how we verify
Key differences
- On a $1,000 payment you keep about $1,000 on Toss and $1,000 on Vipps, before withdrawal or currency-conversion costs.
- Toss is based in South Korea, Vipps in Norway.
Side by side
Toss
South Korea leading fintech super-app for transfers, payments, and receiving money.
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Vipps
A Nordic mobile-payment app (Vipps MobilePay) where people receive money and pay easily.
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|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | No | No |
| Fees | Free P2P transfers | Free domestic P2P |
| Minimum payout | — | The full outstanding balance, when it is positive |
| Payout speed | — | It varies by agreement. Daily settlements are usually sent on the third day, such as Wednesday for a Monday capture. |
| Withdraw via | Linked bank account | — |
| Availability | South Korea | Norway, Sweden, Denmark, Finland |
| Local to | South Korea | Norway, Denmark, Finland |
| Founded | 2015 | 2015 |
| Headquarters | Seoul, South Korea | Oslo, Norway |
| Popularity | 39 views · 0 likes | 40 views · 0 likes |
Frequently asked questions
Which is cheaper, Toss or Vipps?
On a $1,000 payment you keep about $1,000 on Toss and $1,000 on Vipps, before withdrawal or currency-conversion costs.
Where are Toss and Vipps available?
Toss: South Korea. Vipps: Norway, Sweden, Denmark, Finland.