MeaWallet provides payment tokenization and digital payment solutions for banks, issuers, and merchants, enabling secure transactions and the launch of branded mobile wallets. Their platform simplifies the integration of digital cards and NFC payments, enhancing user experience while ensuring compliance with major card schemes.
Funding
$2.2M 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
Banks, issuers, and merchants face challenges in securing digital payments, integrating various card schemes, and launching branded mobile wallets, leading to complex integrations and potential security vulnerabilities. Furthermore, users expect a seamless and secure payment experience across different platforms.
Solution
MeaWallet offers a comprehensive digital payment platform that simplifies payment tokenization, enables the launch of branded mobile wallets, and facilitates secure NFC payments. The platform acts as a single integration point for major card schemes, streamlining the process of adding cards to wallets and ensuring compliance. By providing modular products and push provisioning capabilities, MeaWallet empowers businesses to enhance user experience, secure card data, and implement a digital-first strategy.
Target Audience
MeaWallet primarily targets banks, card issuers, and merchants seeking to implement secure digital payment solutions, launch branded mobile wallets, and improve the overall user experience for their customers.
Features
- Payment tokenization to secure digital payments and protect sensitive card data.
- Mobile wallet platform for launching branded mobile wallets with customizable features.
- Push provisioning for easy and secure card enrollment into digital wallets.
- Support for NFC payments, enabling contactless transactions at point-of-sale.
- Integration with major card schemes (Mastercard, Visa, American Express, eftpos) through a single platform.
- Token control features to enhance user experience and provide greater control over digital cards.
- Click to Pay support for safer and faster online shopping experiences.
- Modular product design for compatibility with existing payment solutions.