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Wallet Database

Wa! (fusion of “old”- Wa! and Fivory)

17th of November 2016

Overview



  • Summary: French bank BNP Paribas and supermarket giant Carrefour are to merge their Wa! and Fivory electronic wallets to create a “unified, universal mobile payment solution”, allowing customers to make payments, receive loyalty rewards and make peer-to-peer money transfers. The new app, backed by Credit Mutuel-CIC, Auchan Retail France, Mastercard, Oney and Total, will receive its brand name by the end of this year and launch in early 2017.

  • Website: n/a

  • StatusPre-Launch

  • Market: France (in early 2017)

  • Type: Bank Consortia

  • Ownership: BNP Paribas and Carrefour. Backed by Credit Mutuel-CIC, Auchan Retail France, Mastercard, Oney and Total.

  • Functions: Retail and P2P payments

  • Payment Mode: Cards-based

  • Channel: POS via NFC and QR code, Web

  • Roadmap: Carrefour and BNP want to expand Wa! to other countries, starting in Belgium.

User Experience



  • Registration & set up:  (Update to follow – Further information being obtained)



  • Making a payment: (Update to follow – Further information being obtained) 

Payment Flows & Technology



  • Merchant perspective: (Update to follow – Further information being obtained)

  • Security: (Update to follow – Further information being obtained)

Business Model



  • Strategy: (Update to follow – Further information being obtained)

  • Payee fee: (Update to follow – Further information being obtained)

  • Payer fee: (Update to follow – Further information being obtained) 

Performance Data



  • Launch date: France (in early 2017)

  • Closed Date: N/A

  • Users: No data yet

  • Retailers / merchants: No data yet

  • Transaction volume: No data yet

  • Transaction value: No data yet

  • Other data points: No data yet 

Contact (MobeyForum Members only)



  • Name: N/A

  • Address: N/A

  • Email: N/A

  • Phone: N/A