A contactless cloud mobile payment service: Visa PayWave or MasterCard PayPass can be offered to bank customers who use Android mobile devices with software version 4.4 or higher and enabled with NFC
VTB Bank (Georgia) offers customers, the first on Georgian market, hi-tech mobile application for payments. Mobile Pay grants consumers opportunity to make contactless payments using any VTB (Georgia) card anywhere around the world, where Visa payWave (contactless) terminals are available
Near Field Communication (NFC) - short-range and high-frequented wireless communication technology that allows contactless data exchange between devices.
PrimeKitTM platform tools allow any mobile application under Android 4.4 KitKat and higher versions to deploy contactless payments, access, transport allowances functionality or simply turn it into an mWallet.
JSC "VTB Bank (Georgia)" in collaboration with ViSA is the first Georgian bank set to launch launch mobile contactless payment service based on Visa Cloud-Based Payments requirements and using PrimeKitTM platform developed by PriNum (Ukraine).
Digital issuance and open wallet platform provider, PriNum, and VTB bank Georgia have launched the first NFC mobile payments bank application in Georgia and CIS countries. The application, Mobile Pay, is the new mobile application for NFC-enabled Android devices. Mobile Pay will allow bank clients to make contactless payments at NFC capable POS terminals.
Ukrainian company PriNum, an innovator in mobile commerce, has been selected as a regional finalist of the UBS «Future of Finance Challenge». The goal of the competition is to select the best innovative ideas that will disrupt the financial world and change the way banks work and how they meet clients’ needs.
PriNum, a market leader in mobile commerce, received the prestigious award - Acceleration Award from the Swiss bank UBS. The bank's main goal was to choose the most promising technological innovations to implement in 2016.
PriNum has developed mobile contactless payments system for FIDO Bank - the first among the Ukrainian banks. The bank is now one step ahead of its competitors in the field of mobile commerce. Ukrainians are now able to easily, quickly and safely pay with a tap of a smartphone.
Today, Pri-Num Ltd., an award-winning United Kingdom-based digital payments and mobile wallet platform provider, has confirmed that it is now recognised as a Visa Ready Qualified Token Service Provider. Visa Token Service (VTS) is a new type of security technology replacing sensitive account information with a unique digital identifier token which permits payments to be processed without exposing actual account details.