Key Use Cases
A digital wallet – also known as mobile wallet or e-wallet – stores funds, payment & account information and more on a device application, typically smartphones or smartwatches. The convenience, speed and security they offer have led to their rise in popularity among both merchants and consumers. Most digital wallets process payments through Near Field Communication, or NFC, technology or through QR codes. They keep payments secure through the tokenization process.
NovoPayment works with issuers, merchants and platforms to build digital wallets for their respective use cases, making it easy for consumers to pay for goods and services.
We help banks, financial institutions, merchants, fintechs, neobanks, and other brands to create new revenue streams and cultivate lasting customer relationships