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ABnote and MeaWallet partner to deliver open-loop mobile wallet products

ABNote said the MeaWallet platform will provide an advanced interface layer for its wallet products that allows customers the ability to enable payment services as well as other services, such as loyalty, coupons and more, in a mobile wallet

ABnote, a provider of secure payment and identification products, and MeaWallet, a provider of cloud-based payment services, have formed a strategic partnership to deliver open-loop mobile wallet products to ABnote customers worldwide.  

MeaWallet's cloud-based mobile payment platform is now fully integrated into ABnote's EMV payments platform and is intended to provide a simple path to EMV-based payments, according to a press release.

ABNote said the MeaWallet platform will provide an advanced interface layer for its wallet products that lets customers enable payments as well as other services, such as loyalty programs, coupons and more in a mobile wallet, according to the announcement. The partnership provides existing and new customers the ability to add branded mobile wallets and cloud-based digital mobile payment cards to their portfolio of card products. The open-loop mobile cards will initially support MasterCard and Visa cloud-based mobile payment schemes. This means that mobile cards issued using the product will be accepted for contactless and remote payments at merchants worldwide that accept the schemes.

"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," said John Ekers, Global CIO at ABnote. "We look forward to enabling many new and interesting mobile payment projects together with our customers around the world."