Stocard, the mobile wallet European leader that offers to store loyalty cards in its application, has reached the 50 million users and is launching its mobile payment service. With already 5 million users in France, Stocard intends to roll out its mobile payment service in France by the end of the year.
In the UK, users can already pay with their smartphone from the application by activating the mobile payment functionality and creating their own virtual Mastercard card. This digitised payment service is based on Dejamobile’s ReadyToTap Payment solution, which makes it possible to create a digital Mastercard card directly in the Android Stocard application and also from the Apple Pay wallet for iPhone users.
With this new mobile payment functionality, Stocard continues to transform in-store shopping by bringing together the loyalty programs of over 5,000 retailers, coupons and payment, all in one single application.
“The launch of our mobile payment functionality is a major milestone for Stocard internationally,” says Björn Goß, founder and CEO. “Our wallet will be now integrated into our mobile phone and will become
in its digitised version, a centralized platform to carry out all monetary operations, banking and purchasing. The future of retailing and banking will be very much like the future of the banking industry. more to what we already see in Asia with products like Alipay than to what we do currently the European banks. This consolidation of purchases, payments and financial services in the digital portfolio will also occur in Europe. We are working closely with our retail partners to shape that future”.
Houssem Assadi, President of Dejamobile, said: “Stocard uses the ReadyToTap Payment solution from Dejamobile, connected to the MDES Mastercard tokenization platform, in order to offer its users a simple and secure mobile payment service. The digital card Mastercard is thus available to make payments directly from the Android Stocard application – thanks to Dejamobile’s certified HCE SDK – and from Apple Pay for iPhone users.
We are proud to support Stocard, already the world leader as a wallet of loyalty programs, in its payment strategy. Our solution and the Tokenization Hub have been designed to allow a rapid load build-up, even when the support Stocard in its ambitious mobile payment deployment plan”.
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