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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

MeaWallet operates as a subsidiary of Swedish mobile payments company Seamless Group.