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Payments General

MeaWallet to deliver payment solution to Swedbank

Thursday 28 December 2017 | 01:41 PM CET

MeaWallet has signed an agreement with Swedbank for delivery of MeaWallet’s technology for contactless card payments on the Latvian, Lithuanian and Estonian market.

The HCE technology with Mastercard MDES support will be delivered as a managed service, integrating MeaWallet´s tokenisation platform with Swedbank’s mobile banking application. The solution will enable Swedbank clients to perform digital contactless card payments through the bank´s existing mobile banking application.

MeaWallet aims to deliver the solution in production to Swedbank in stages from the first quarter of 2018.

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