Encore Pay

Mobile Wallets

Mobile Wallets Overview

Mobile Wallet is digital wallet, also known as e-wallet, is an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. This can include purchasing items on-line with a computer or using a smartphone to purchase something at a store.

Money can be deposited in the digital wallet prior to any transactions or, in other cases, an individual’s bank account can be linked to the digital wallet. Users might also have their driver’s license, health card, loyalty card(s) and other ID documents stored within the wallet. The credentials can be passed to a merchant’s terminal wirelessly via near field communication (NFC).

Icons for various key USPs

Mobile FirstBanking

List of Features

Identify Your Customer

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Improved Customer Experience

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Technology Built For Emerging Markets

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Seamless Agent Management

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Liquidity Management

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Optimize Account Opening

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What customers can do using
PAYdirect Mobile Wallets

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