Business Cases Banking & Financial Industry

Bank mobile wallet

Mobile wallet for banks is a White label wallet App designed not only for existing bank’s customers but also for everyone who would like to have an easy and convenient tool for accessing various financial and non-financial services. Using mobile wallet as a mobile banking tool for applying and managing your chequing accounts, cards, savings products and loans. Link any bank cards to the wallet, make transfers, pay directly in the app, online or in-store (contactless or using QR code), store in your wallet all loyalty cards, e-tickets, insurance, etc.

Mobile Wallet Benefits for banks

Greater relationship with existing clients

Work with potential clients and offer them more and more services, financial and digital. Engage your customers in digitizing their existing cards and paying contactless, set personal credit limits, offer investment and savings products, expand the catalogue of products and services available for purchasing directly from the wallet

Acquire new clients

Anyone who has downloaded Your Brand wallet can use the simplest financial services. Using Masterpass and Masterpass QR solutions, customers of any bank can pay with your wallet. Digital prepaid wallet with electronic money can become the Pioneer payment tool for those who have not yet worked with banks

Retain customers

Engage and reward clients with a loyalty program and personalized offers

Empower Digital First Strategy

Mobile banking, contactless cards and payments, instant mobile transfers, digitized values and much more will turn your financial company into a Digital Bank

Increase revenue

Enrich customer mobile experience with value-added services beyond of traditional banking services and thus earn more

What does Bank get with the launch of Mobile Wallet?

Lower costs

Ready-made White label wallet app solution without the need to create it from scratch and with no infrastructure building and maintenance costs

Get Your Wallet Now!

What does Bank Client receive with Mobile Wallet?

Mobile banking
Manage any banking products and order new ones (bank accounts, cards, loans, deposits)
Loyalty cards
Store all loyalty cards in one place
Prepaid Wallet with electronic money
Start using financial services immediately after downloading the mobile application and top-up your prepaid wallet.
Rewards and cashback
Collect and redeem points for in-app activity
Cashless payments
Connect your Visa and MasterCard to your wallet and pay using QR codes (with Masterpass QR technology) or contactless (using Google Pay or Apple Pay)
Different payment modes
Choose to pay by direct carrier billing, credit card, bank account or e-money
Pay for goods and services directly in the app
Pay electricity, water or gas bills, shopin online stores
Discover more
Enjoy exclusive offers, send gifts, buy tickets, store passes and more
Instant money transfers
Using phone number send money to Friends and Family members

Bank Mobile Wallet Use Cases

Credit organization "Alif Capital"

200 thous.

customers

Tajikistan

Task

Alif capital has searched the market for mobile tech solution that could provide simple and easy access to the financial services for the unbanked population of the country.

Solution

Alif.mobi is a mobile wallet allowing you to open an electronic wallet upon downloading the app, to connect several bank cards to it, and make instant P2P transfers and payments using QR codes. The wallet features a major catalogue of services that can be purchased directly in-app (mobile communications, utilities, Internet services, the classifieds website, loan repayment, etc.)
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Application procedure for a Bank?

  • 1

    Contact to discover mobile wallet app basic and extended
    mix & match options

  • 2

    Inform us about your dream wallet App

  • 3

    Concentrate on your Business, while we are making efficient
    deploy and integration

  • 4

    Invite partners and test your dream Wallet App

  • 5

    Receive appraisal for having the Best Mobile Wallet App
    for Bank after the launch

Get Your Wallet Now!