Tech mahindra
Tech mahindra

NFC enabled Mobile Wallet Solution

Enabled wallet service

Solution Overview:

Mobile wallet makes an individual’s day to day transactions easy by providing him the ability to securely and conveniently manage personal finances, fund transfer, purchases and perform other transactions electronically using a NFC enabled device. It is based on NFC technology that supports a variety of Use-Cases for remote as well as proximity payments and can be linked with Bank Accounts/Credit Cards/Prepaid Accounts for making payments and many other utility solutions.

Features:

  • It lets the users make bill payments, OTC payments, money transfer, purchases and many other user friendly functions through its “tap and pay”.
  • Comprehensive business process support for both merchant & consumer aspects.
  • Ability to issue bills, coupons and credit/debit cards over the air.
  • Built-in security, encryption and easy instant access.
  • Variety of consumer interfaces: Mobile Application, Web, SMS, IVR, STK, USSD.
  • Single sign-on access to multiple vendors and systems.
  • Loyalty and Coupon sub-accounts for a 360 degree Solution.

Business Benefits:

  • Enhanced user experience with increased revenue and lower transaction cost.
  • Supports a variety of Use Cases for remote as well as proximity payments. Can be linked with Bank Accounts/Credit Cards.
  • New revenue streams - utility payment solutions (bill payments, money transfer, purchases).

Contact Us

CanvasM Technologies Limited
A 20, Sector 60
NOIDA, India
PIN 201301
 

Related Links

Brochures

An opportunity for CSPs in the mobile payments market

An opportunity for CSPs in the mobile payments market

Success Stories

Know how we lowered cost and enabled mobility roll out for a fortune 500 company

Know how we lowered cost and enabled mobility roll out for a fortune 500 company

The customer is a large technology player.

Learn how Tech Mahindra helped a client gain a competitive edge by adopting mobility for its end customers and employees.

Learn how Tech Mahindra helped a client gain a competitive edge by adopting mobility for its end customers and employees.

The customer was a leading bank.

For further information please write to connect@techmahindra.com

For further information please write to connect@techmahindra.com