Meawallet and Universo disrupt the payment space in Portugal. The digital transformation partnership was announced in mid-2020 and is set to speed up the adoption of digital payments and digital wallet use for Universo’s massive customer base and set a new standard in innovative use of payment technology.
“MeaWallet is delighted to announce its recent partnership with Universo. We actively seek out innovative companies that are keen to disrupt the Status Quo, and teaming up with Universo who are well known for pushing aggressively for digital transformation, is a great strategic fit for us” quips Rui Patraquim Senior, Senior Sales Director at Meawallet.
“Working with Meawallet gives us a set of functionalities of provisioning and control for our digitalisation of cards and payments. In general terms this cooperation will give our customers the ability to more easily add and manage their payment cards into digital wallets, like Apple Pay, Google Pay, FitbitPay and GarminPay, and then make cardless payments with your phone or watch” explains Sara Pinto, Head of Digital Products and Services at Universo.
Universo is a trademark belonging to Sonae FS, the Sonae Group business unit responsible for fostering and coordinating the financial services, in-store credit and insurance services of the group’s customers. It includes the “Universo” credit card, “Dá” prepaid cards, Continente Money Transfers, in-store credit services and also the insurance broker MDS.
Sonae Group is a multinational company managing a diversified portfolio of businesses in retail, financial services, technology, shopping centres and telecommunications. Sonae is present across all continents and geographies, gathering a team of talented professionals from all parts of the globe.
MeaWallet is the centre of excellence within mobile and digital payments and mobile wallets, providing state-of-the-art certified technology in 20+ countries. As one of Europe’s leading companies in mobile payments, MeaWallet provides customers with a short time to market with high-quality products. In close relationships with Amex, Mastercard, Visa, NXP and other key organizations, MeaWallet is at the forefront of the mobile payments space.
The partnership aims to accelerate the adoption of digital payments and digital wallets among Universo's large customer base in Portugal.
MeaWallet gains access to a large new customer base through Universo and can showcase its technology for digital card management and mobile wallets.
Universo's customers will have an easier way to add and manage their payment cards in digital wallets like Apple Pay and Google Pay, allowing for convenient contactless payments.