Intelligent CIO Europe Issue 01 | Page 93

////////////////////////////////////////////////////////////////////////////////// the pilot and the production version of Mea Token Platform for MDES to Oney, hopefully only the first of many Oney installations. We are getting good feedback from the market on our quality of service and business model and are certain that this will appeal to a broad part of the issuers in 2018.” forward to extending our collaboration and to supporting it to tap into new business areas, from e-commerce to digital banking.” MeaWallet A/S, part of Seamless Distribution AB, is yet another digital payment provider which has formed a partnership to provide a solution to customers. It has signed an agreement with the Spanish specialised credit institution, Oney España, for the delivery of MeaWallet’s proprietary technology for contactless card payments. The technology will be delivered as a managed service, integrating MeaWallet’s tokenisation platform with Oney’s banking application. The solution will enable Oney’s clients to perform contactless card payments through the bank’s existing banking application. The first phase will be a pilot for a limited number of users and then a second phase with commercial roll-out to all Oney’s customers. Lars Sandtorv, Head of MeaWallet, said: “We are proud to deliver www.intelligentcio.com INDUSTRY WATCH Oney España is a Spanish specialised credit institution, providing credit cards and consumer loans. Oney enables retailers to offer their customers more simple, secure, cross-channel and innovative shopping paths. This fits perfectly to the Mea Token Platform for MDES and the rest of the managed services portfolio of products from MeaWallet. Oney España is part of the French Oney Bank S.A., operating in 11 countries. André Coisne, CEO of Orange Bank The order value of the contract is within the normal range for single card scheme setups provided by MeaWallet, i.e. between EUR200,000 and EUR350,000 over a three- year period. n INTELLIGENTCIO 93