Bluecode is a mobile payment solution that utilizes QR codes, barcodes, and NFC technology to facilitate secure, account-based transactions without the need for credit or debit cards. By connecting users directly to their bank accounts, Bluecode ensures compliance with European security standards while enabling fast and anonymous payments at over 160 million acceptance points worldwide.
Funding
$24.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional payment methods often rely on credit or debit cards, which can expose users to security risks and data breaches. Existing mobile payment solutions may also lack interoperability across different regions and payment networks, limiting their usability for international transactions.
Solution
Bluecode provides a mobile payment solution that enables secure, account-based transactions using QR codes, barcodes, and NFC technology, eliminating the need for credit or debit cards. By directly connecting users to their bank accounts, Bluecode ensures compliance with European security standards and offers fast, contactless payments. The platform unites various payment networks, facilitating seamless payment roaming worldwide while adhering to European data protection regulations. Bluecode's technology is integrated into numerous partner apps, allowing users to choose the app that suits them best and pay securely.
Target Audience
Bluecode targets consumers seeking secure and convenient mobile payment options, as well as banks and merchants looking to offer a European-standard payment solution with global reach.
Features
- Contactless payments via QR code, barcode, and NFC
- Direct connection to bank accounts, eliminating intermediaries
- Compliance with European security and data protection standards
- Integration with multiple partner apps for user choice
- Payment roaming functionality for international transactions
- Automatic collection of loyalty points and digitization of customer cards at participating retailers
- Unique transaction codes for each payment to enhance security
- Face ID, fingerprint, or PIN protection for the Bluecode app