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Home News Flash

Digital Wallets by Wallet Factory: The Introduction to the Unique Mobile Payment Solution

by clnews
March 5, 2019
in News Flash
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Wallet Factory is an IT development company based in London that offers innovative solutions in the field of mobile payment tools. The company was established in 2016 and currently provides its products and services to the customers from 14 countries in Europe, Asia, and the Americas.

According to the Wallet Factory’s internal statistics acquired in December 2018, the total number of customers that use the e-wallet solution amounted to 1.5 million individuals and legal entities.

The thing that makes Wallet Factory differ advantageously from the competition is that it provides the end-to-end cycle of mobile wallet app development and integration. The cycle includes the following features:

  • Various payment tools and options (from conventional B2B transactions to cryptocurrency payments)
  • Fully-fledged user identification and KYC mechanisms
  • Rewards system and loyalty modules
  • Seamless integration with all forms of digital currencies (fiat, crypto, loyalty, and even fuel points).

Wallet Factory makes e-wallet apps ever more accessible to businesses. Let's review th Wallet Factory's product in detail.

White Label Mobile Wallet: Facilitating Commerce

Nowadays, having a wallet app is considered one of the essentials for every business that conducts its activity online. This small but immensely important application offers the following benefits:

  • The improved swiftness of payments and money transactions.
  • The possibility to use a wider variety of digital means of payments, which became especially relevant with the emergence of cryptocurrencies.
  • The broadening of capacity for different banking and payment services.
  • The improvement of the brand image due to the introduction of innovative technologies
  • The increase of the overall client satisfaction.

However, if your business isn’t associated with informational technologies in any way, developing and integrating an e-wallet app could turn into a challenging task due to such reasons as:

  • Finding a suitable development agency that will grasp the concept of your business right away and create a decent product may take a lot of time.
  • Developing a fully-featured mobile wallet from scratch will force you to go through many trials and errors, mainly because your IT team might not be aware of all current trends in this particular area, and your customers won’t be fully satisfied with the final product.

Therefore, if you want to avoid having to deal with these, and many other issues, then the best way would be to use the white label mobile wallet solutions offered by Wallet Factory. This way, you are guaranteed to acquire an e-wallet app, namely mWallet, that will meet and exceed even the strictest requirements on your business. We develop the products and provide exclusive services for the companies that are involved in the following industries:

  • Telecommunication
  • Banking and financial services
  • Online shops of various scale and large-scale online businessmen
  • Fuel retailer
  • Digital currency traders and business entities that accept cryptocurrencies as payment

One of the primary advantages of the mwallet app provided by Wallet Factory is that it is of a white label kind. It means that the customer that purchases this app will be able to customize the app within a month to the extent that the e-wallet will become entirely on a par with the brand and the company’s current financial operation scheme.

However, the list of this ewallet app’s advantages doesn’t end with the customization option. The Wallet Factory’s product comes with a full set of digital payment tools that include:

  • Different options for cashless payments: in-app and in-store.
  • The fully implemented QR code wallet and NFC payment technology
  • The capability of conducting both domestic and foreign financial transactions in a secure environment with acceptable fees.
  • The option for online invoicing and mobile banking that will be much appreciated by digital entrepreneurs.

The customizable e-wallet app by Wallet Factory can also establish a direct connection with other payment instruments, such as other digital wallets, banking cards, and banking accounts to expedite every transaction in the field of finance.

Moreover, Wallet Factory made sure that with mWallet the businesses will get not only the instrument that will facilitate their operations concerning finance, but also bring a plethora of benefits in the area of marketing. They come in the form of an advanced sales channel that includes the CRM and geolocation features. Besides, the e-wallet features an option that provides the businesses with the opportunity to run ad campaigns through the use of banners and push notifications.

Finally, Waller Factory has a dedicated customer support team that will resolve any technical issue that may arise in the course of the e-wallet app usage.

Tags: digital walletsdigital wallets by wallet factorywhite label mobile wallet
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