MeaWallet, a host card emulation (HCE) software developer, has collaborated with Komercijalna banka to provide its contactless Visa mobile payments solution to bank’s customers in Serbia.
MeaWallet technology has enabled the customers of the Serbian bank to execute contactless transactions at POS terminals.
The new contactless mobile payment offering is currently available through Komercijalna’s mobile banking application, KOMePay.
The delivery agreement was inked between Kombank and Chip Card, a MeaWallet partner in the region.
Kombank CEO Alexander Picker said: “Digital banking is the next stage in the development of banking. It is already well-developed in Europe, and even more in the United States.
“An opportunity for the Serbian banking sector lies in leapfrogging classical banking and going straight for digital banking, because banking should develop in line with the clients’ needs.”
MeaWallet operates as a subsidiary of Swedish mobile payments company Seamless Group.