Cashless economy spreads in the world. This tendency also affected the banking sphere. And now mobile wallet is one of the important services banks provide their clients with. Non-cash payments are fast, easy and secure – this helps them to gain more and more popularity. So it’s no surprise that banks try to use this effective solution.
One of the most demanded apps of that kind is presented by the Wallet Factory Company. It offers its white label financial product – mWallet. It’s a digital wallet application that allows bank clients to pay not just with their payment cards, but also:
- QR code payments;
- Use the app as a mobile banking platform;
- Manage current accounts, cards, deposits and loans;
- And use many other financial services.
All these functions of mWallet make it an effective tool for interaction of bank and its clients. So as for the banks mWallet offers wonderful opportunities for attracting new clients and increasing of loyalty of current users.
When your bank offers mobile wallet of your own brand, this solution can be helpful also for clients of other banks as they still can download it and use the simplest financial services. And also it is worth to be mentioned that digital wallet with electronic money may become the first payment instrument for those who haven’t worked with any bank previously.
The best solution for introducing mobile banking
The Wallet Factory Company offers banks perfect solution for their development. Branded digital wallet helps to introduce mobile banking both to current and potential clients. It can turn your Company into the Digital Bank – if you use all the opportunities it provides you with.
Your mWallet allows offer more and more digital financial services and is a nice tool of attracting new clients. Special loyalty program helps to make trusting relationships with your current clientage. Due to mWallet functionality you can expand the catalog of products and services available for payment or purchase directly from the wallet. And it also works to benefit your bank’s reputation.
Additional functions beyond traditional banking services can develop more and better mobile experience for your clients. And in this way revenues of the bank will also increase. While contactless cards, instant money transfers, user-friendly mobile banking and other financial digital services will become the part of your own Digital Strategy which will take your bank to the new level.