MeaWallet

MeaWallet partners with Crossgate to provide HCE/Cloud based mobile payments technology for their customers in Africa

Press Release   •   Feb 21, 2017 09:10 CET

Crossgate’s Crosscore platform is an API-based integration hub that allow simplified and more cost-effective deployment of multiple services that would generally be complex for issuers to implement themselves. It provides in the main Mobile Payment in various forms, Data Analytics and Predictive modelling to make sense of payment data in real-time, and Value Added Services on a m-commerce platform.

The overall approach of Crosscore is to be issuer centric, technology agnostic as possible, and to partner with global technology leaders to deliver its solution – fully understanding that in the fast-moving payments markets collaboration is the most effective way for issuers to remain at the leading edge of payments. To this end, Crossgate selected Meawallet as its preferred mobile payment technology partner, as it holds fully certified solutions for the mobile device frontend, as well as the secure backend solution.

The partnership with MeaWallet will provide Crossgate the ability to enable its clients with contactless payments to MasterCard and VISA standards, and provide mobile and m-commerce capability utilizing MasterPass and DSRP.

The main parts of the solution will be a combination of sub systems. These include:

  1. A new CMS;
  2. Aggregated data platform that makes sense of all Crossgate’s data and integrates with line-of-business systems;
  3. A library that allows third parties to easily integrate their mobile applications;
  4. The client and admin websites;
  5. A mobile wallet app;
  6. MeaWallet’s mobile cloud-based payments solution.

Implementation will commence with one of Crossgate’s customers in Q1 2017, with the installation of full functionality to be completed by the end of 2017. The project will run out of South Africa initially to be rolled out to the rest of the African continent thereafter.

For more information, please contact:

- MeaWallet: Lars Sandtorv, CEO, ls@meawallet.com, +47 90955111

 About Crossgate 

We assist issuers to implement solutions that enable additional payment volumes, and several value-added services to remain highly relevant in a payments landscape that changes rapidly. Our focus is squarely on delivering secure, simplified solutions that help our clients remove costs and create value from multiple sources of data by ultimately connecting issuers, merchants, consumers and brands.

About MeaWallet

MeaWallet is the ‘One-Stop-Shop’ for Mobile and Digital Payments.

Mea’s Mobile Service Platform is built to enable HCE/Tokenization, MDES/VTS, Masterpass and converged wallets. Built to support the big EMV schemes as well as local schemes, the platform can enable any wallet application and wear able device for mobile and digital payments.

MeaWallet is one of the world’s leading companies in the digital payment space, and one of few companies focusing 100% on tokenization technologies. MeaWallet is a part of the Seamless Group, and the company is listed on the Nasdaq Stock Exchange in Stockholm (SEAM). »www.meawallet.com

About Seamless

Seamless is one of the world’s largest suppliers of payment systems for mobile phones. Founded in 2001 and active in 35 countries, Seamless handles more than 5.3 billion transactions annually through 675 000 active sales outlets. Seamless has three main business areas including the transaction switch, the technology provider for the distribution of e-products and the mobile payment platform Seqr. www.seamless.se