ABnote partners with MeaWallet on cloud-based mobile payment platform
American Banknote Corporation (ABnote), a payment and identification solutions provider, and MeaWallet, a provider of cloud-based payment services, have formed a strategic partnership to deliver open loop mobile wallet solutions to ABnote customers worldwide. Under the partnership, MeaWallet's cloud-based mobile payment platform will be integrated into ABnote's Europay MasterCard Visa (EMV), providing payment services, loyalty coupons, and other services.
ABnote Joins Forces with MeaWallet for Open Loop Mobile Wallet Solutions

August 13, 2015 By: Melanie Macinas

American Banknote Corporation is now offering open loop mobile wallet solutions to its customers worldwide through its strategic partnership with cloud-based payment services provider MeaWallet.

The partnership sees the integration of MeaWallet’s cloud-based mobile payment platform into ABnote’s Europay MasterCard Visa (EMV) payments solution, providing a simple path to EMV-based payments.

The MeaWallet platform provides an advanced interface layer for ABnote’s wallet solutions enabling payment services, loyalty, coupons and other services.

Through this partnership, both existing and new customers can add branded mobile wallets and cloud-based digital mobile payment cards to their card products portfolio.

Initially, the open loop mobile cards will support Visa and MasterCard cloud-based mobile payment schemes, thus cards issued through the solution will be accepted for remote and contactless payments.

Digital mobile payment cards use tokenization with cloud-based and Host Card emulation (HCE) technology for safety and ease of use. To complete payments, users just need to tap their phones at NFC-enabled POS terminals.

John Ekers, Global CIO at ABnote, commented, “ABnote’s partnership with MeaWallet means that our customers will have a faster route to mobile payments, using new innovative products such as customer branded mobile wallets. We look forward to enabling many new and interesting mobile payment projects together with our customers around the world.”

“We are proud to partner with an innovative technology and services provider like ABnote,” said Lars Sandtorv, CEO at MeaWallet. “We look forward to supporting them in the enabling of new, secure and attractive mobile services. As the growing card market now goes mobile, this partnership is strategically important for MeaWallet, enabling us to offer our solutions to new customer segments.”