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Wallet Database

Poste Mobile Wallet

17th of November 2016

Overview



  • Summary: Poste Mobile App is a cards-based and account to account digital wallet for NFC-contactless purchases operating in Italy only and launched in Oct ’14. Poste Mobile has been developed by Poste Italiane.

  • Websitehttp://www.postemobile.it/mobile-wallet

  • Status: Live 

  • Market: Italy (Oct ’14)

  • Type: Other

  • OwnershipPoste Italiane S.p.A.

  • Functions: Retail payments only

  • Payment Mode: Cards-based and account to account

  • Channel: POS via NFC

  • Roadmap: n/a

User Experience




  • Making a payment: NFC payment initiated by bringing the phone within an inch of a contactless reader. For amounts up to EUR 25 it is not necessary to enter the PIN of the card. Otherwise authenticate with PIN.

Payment Flows & Technology



  • Merchant perspective: The merchant processes a payment using their existing payments processing systems. (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: No charge for consumers 

Performance Data


Contact (MobeyForum Members only)



  • Name: N/A

  • Address: N/A

  • Email: N/A

  • Phone: N/A