31 July 2014

MeaWallet strikes deal to use Swedish mobile bank ID

20 May 2014  |  1446 views  |  0 Source: MeaWallet

MeaWallet has signed a deal to use the Swedish mobile bankID as method for mobile authentication and signing of mobile financial transactions.

This means that MeaWallet and its partner service providers will be able to use this very popular mobile authentication and signing application as one security method in its mobile wallet services offering.

"Swedish mobile bankID is a very good and well-known mobile security application and trusted by the large population of users. MeaWallet and its mobile service provider partners can now use this to enhance and secure attractive mobile services in the MeaWallet mobile wallet, including payments and other financial transactions, loyalty/coupons, ID's, access, ticketing and receipts", says Lars Sandtorv, CEO of MeaWallet.

Mobile bankID has become the most used and a defacto standard for doing mobile authentication and signing of mobile transactions in Sweden. It's used by all major banks for login to mobile bank applications and for the signing of financial transactions. It's also used by many governmental organsations, for example it was the most used method by Swedish citizen's when doing this years tax declaration and the electronic authentication and signing of the yearly statement.

The time is right for bringing the entire contents of your wallet into your smart phone, not as a multitude of apps, but as one secure mobile wallet. To achieve this MeaWallet focus on six verticals, covering most of the content in physical wallets of today;

• Payments
• Loyalty cards and coupons
• Ticketing
• ID's
• Access cards
• Receipts

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