Mobile e-Wallet

Enable on-the-go payments and transfers

With e-wallets projected to become the global payment method of choice by 2021, there’s no better time than now for your organisation to provide e-wallet facilities to customers. An e-wallet accelerates mobile payments by allowing customers to perform monetary transactions at the scan of a QR code – reducing the need for cash, cheque, and credit card payments. This and other related facilities are designed to be secure and easy-to-use, in a solution that emphasises data protection, fraud prevention and security compliance.

Benefits of a Mobile e-Wallet

For Customers

Transact Anytime, Anywhere
Customers can make payments, transfer funds, manage their e-wallet’s stored value and more, with just a tap or two on their mobile device.

Peace of Mind
Rest easy knowing that all customer info & transactional data are stored securely, in compliance with privacy & data protection requirements.

For Organisations

Expanded Customer Base & Revenue Streams
An open-loop e-wallet allows customers to link their debit & credit cards and use it across multiple merchants, allowing you to tap into new customer bases and revenue streams.

Optimised Operational Costs
We can also create a closed-loop e-wallet specific to your business or service. Let customers preload funds and make payments to you directly, reducing costs by eliminating third-party processors.

Key Features

Cash-In / Top-Up
Multiple means for customers to add cash value (credit) into their e-wallets, e.g. through integration with our payment gateway or in-store top-up vouchers.
Fraud Prevention
Built-in fraud prevention system runs regular scans to detect & prevent potential fraud. Fraud check patterns are customisable to organisation requirements.
Electronic Know-Your-Customer (e-KYC)
e-KYC processes new customer applications to your e-wallet ecosystem while complying to protocols set by regulatory bodies.
Interoperability
Open APIs based on standards such as ISO 20022 enable your organisation to communicate with institutions such as banks, regulatory bodies, etc.

How a Mobile e-Wallet Solution Fits into Your Business Ecosystem

Stored Value & More, On-the-Go

Sign-up & e-KYC Submission
e-Wallet Summary (Balance & Latest Transactions)
Transaction Details
Stored Value Top-Up
Fund Transfer
Bill & Merchant Payments
Notifications

Cloud-based or On-Premise Solution

Payment Engine & Back-Office

User & Customer Management
Customer & Merchant Activation
Fraud Check
Audit Trail & Reporting
Notification Management
APIs
Security & Data Encryption

How Clients Use Our Product

A prominent Malaysian satellite broadcast provider launched a closed-loop e-wallet app for its customers to pay bills and access other related services.

Did You Know?

According to the Global Payments Report conducted by WorldPay in 2017, mobile e-wallets stand to make one of the largest jumps in terms of usage by 2021 – not just in the Asia Pacific region, but worldwide

Source – WorldPay Global Payment Report 2017

Looking to Give Your Organisation an Edge?

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