#TELECOM EWALLET SOLUTION VERIFICATION#
#TELECOM EWALLET SOLUTION SOFTWARE#
#TELECOM EWALLET SOLUTION PLUS#

At this speed, the global mobile wallet market is expected to reach the size of $5,250 billion by the end of this year.Ĭurrently, mobile wallets are popular because of their ease of use and top security. Lately, many tech giants and start-ups across the globe have launched their digital wallets by partnering with mobile wallet solution providers. Mobile wallet solutions have become the booster of the continued disruption of the payment landscape.įintech has redefined digital payments by bringing convenience and rapidity to the financial services industry.

#TELECOM EWALLET SOLUTION VERIFICATION#

Telecom Traffic Monitoring & Revenue Verification Systemĭuring the pandemic, mobile wallets overtook card-based payments and became the most widely used payment method globally.

#TELECOM EWALLET SOLUTION SOFTWARE#

We are having trouble showing you adverts on this page, which may be a result of ad blocker software being installed on your device. View more of the latest press releases from across the industry or post your company's news. Digital Life Technologies is accepting volume orders now. The GoNow eWallet Card will be commercially available by the end of Q1 2013. Because of all the barriers it overcomes, this product fulfills the promise of an eWallet that works everywhere to drive mass market adoption. The eWallet market is evolving rapidly and the GoNow eWallet card is poised to play a vital role. They will also be able to pay everywhere they shop with their mobile phone.' says Doug Spodak, CEO of Digital Life Technologies. Consumers will be able to redeem coupons by tapping the phone or swiping the GoNow Card. 'Our vision is to allow consumers to replace their physical wallet with an electronic wallet application on their mobile phone along with the GoNowTM eWallet card. It can, with a single swipe, function for consumers as a coupon redemption platform.

And, it can begin generating revenue immediately because it is easy to deploy and has universal acceptance. The GoNow card is white labeled and allows the company launching an eWallet to keep its own brand front and center. There are two additional barriers that the GoNow eWallet card is designed to overcome-branding and revenue generation. Whatever the secure element solution, the eWallet issuer now has a choice. It can be used instead of, or in addition to, a secure element in the phone or the cloud.

It also removes the need for a TSM (Trust Service Manager) in order to launch an eWallet. This solution gives banks and technology companies control of their data.

#TELECOM EWALLET SOLUTION PLUS#

It does not require charging or a special case.ĭigital Life Technologies built a secure element into the GoNow Card to give banks and technology companies with plans to launch an eWallet more options and control plus help them get to market faster. The card includes its own secure element and a battery that lasts for up to three years. GoNow eWallet card works on any smartphone and integrates with any eWallet by means of an API. The GoNow eWallet card can become any credit, debit, loyalty or stored value card in a consumer’s eWallet “on the fly.” It is easy to add cards from a physical wallet to an eWallet by means of a Magnetic Stripe Card reader that connects through the phone’s audio jack. The GoNow eWallet card, a reprogrammable magnetic stripe card that receives commands from your eWallet via any mobile phone, is now in pilots with two customers-one, a major bank the other, a direct-to consumer eWallet issuer.ĭigital Life Technologies has developed a “super smart” card that is programmed by an eWallet and can be swiped at all existing POS terminals and ATMs without any change to existing payment infrastructure or tapped at contactless terminals.

Digital Life Technologies’ GoNow eWallet “super smart” card offers an answer to the mobile payment adoption problem because it breaks through every barrier that’s slowed eWallet adoption in the US market.

Telecom ewallet solution