Netgiro actually functions like a credit card. You use the app to shop and every transaction is accumulated in one bill for which payment is due at the beginning of next month.

When it is time to pay at the register you open your Netgíró app, get the bar code onto your screen and the cashier scans it. Simple, secure and convenient.

You choose Netgíró as your payment method, enter your phone number and confirm the purchase in your Netgíró app. Simple, secure and convenient.

You pay ISK 495 for each month that you use Netgíró. Should you choose to spread your payments the charge is determined by the amount and the number of payment dates. Check out our price list here and try out our calculator.

Thousands of retailers offer the Netgíró payment method. You can see each and every one here.

The monthly bill runs from the 26th to the next month's 25th. The invoice appears in your online bank on the 25th of each month . You can see a detailed overview of your bill when you sign in to Customer pages on our home page.

It usually takes only a few minutes for us to see that a payment has been made. If you make the payment after 21:00 the bill will not be registered paid until the following day.

You can always use your limit as long as your account is not seriously in arrears.

Payment splitting is a simple solution making it possible for Netgíró users to spread the payment of larger purchases for up to 24 months. The lowest amount that qualifies for distribution is ISK 9,900, which can have two payment dates. Further information is available here.

Should you wish to have a larger limit you can contact our service centre by phone +354 430 0330 or by email netgiro@netgiro.is.

Here you can see all charges relating to original and additional demands.