Payments firm MeaWallet has signed an agreement with an unnamed Norwegian bank for the delivery of its Mea Token Platform.
According to the firm, deploying the Mea Token Platform will enable the bank’s customers to make smartphone payments in store, in app or on line, via Apple Pay, Samsung Pay, Apple Pay and other methods of the same design.
The solution will be delivered as a managed service from MeaWallet’s data centre in Switzerland.
The Mea Token Platform provides a single API-based connection to network token service providers (such as MDES from Mastercard and VTS from Visa), and a mobile SDK. Mastercard has certified the MeaWallet product suite to gold level.
“As a Norwegian company, signing a domestic bank is a huge validation of MeaWallet’s offering and an important reference as MeaWallet builds a strong pipeline of international customers,” said Tomas Jalling, CEO of Seamless, MeaWallet’s parent company. “Moreover, order wins at MeaWallet are critical in underpinning our shareholders’ confidence in the company.”
Lars Sandtorv, Head of MeaWallet, added: “This is a new use case for our MeaWallet Token Platform, and we see huge potential in opening up OEM Pays for other banks. MeaWallet is being rewarded for its focus on product and technology as well as its agility and ability to adapt to changes in the market and customer needs.”