Wallettec

Wallettec is working with local and international banks to provide their customers with the ability to pay at any payment medium [POS, E-Commerce, M-Commerce and even via printed media or digital media] using only their mobile device. Unlike the existing payment solutions available, Wallettec’s solution does not require the user to link his credit or debit card, no card is required, only an active bank account. Plus the customer stays the bank’s customer, no 3rd party apps, the customer pays using the banks own mobile application or USSD channels. Wallettec helps banks by providing them with a more cost effective payment method. Wallettec’s technology helps banks by eliminating interchange and settlement fees and still give the client access to more payment options and safer payment options. Wallettec can introduce services like Person to Person payments, access to eCommerce / mCommerce and true mobile payments without the need of having any card linked to that account.