SOLUTIONS
BARAKA MOBILE WALLET
Every company will be a fintech company. Take the lead!
No matter which ever industry you are acting in, Baraka Mobile Wallet Platform easily enables you to provide a digital payment system for your customers and become a fintech in days!
Mobile Wallets drives adoption, revenue and loyalty with a frictionless payment experience for your consumers.
The less friction a customer encounters in a mobile app, digital wallet or digital banking experience the better. The payoff for companies can be huge.
We make it happen fast!
To build a robust and flexible mobile wallet, you need to select the right technology partner to be fast, a business that has the skills and experience developing mobile wallets and is flexible and forward-thinking enough to keep up with the changing needs of customers in an ever-evolving digital world.
Tailored to your market
Select the payment methods which answer your business and audience needs. Enable a perfect user experience on your platform by easily integrating in every market, locally and internationally.
IS YOUR COMPANY HERE?
Banks
Fintech
Telcos
Other Financial Service Providers
Retailers
Non-Financial Market Players
What are the TOP 5 Reasons for Mobile Wallet Use?
What are the Opportunities for Mobile Wallets?
of mobile wallet users would use their debit / prepaid cards more often if more retailers offered mobile payments.
of non-users would begin using mobile debit / prepaid cards if more retailers accept them.
of consumers plan to use mobile wallets in 2020 up from 46% today – a 39% rise in the user base.
Benefits of Baraka Mobile Wallet Platform
Attract & Retain Customers in The Digital Era
Increase customer satisfaction with seamless digital payment experiences P2P, in store and online.
Expand Customer Base
Grow your customer base exponentially without investing incostly branch and ATM infrastructure.
Generate New Revenue
Drive card usage & spending. Monetize on new business models, aggregating value- added services from your ecosystem.
Reduce Costs
Reduce customer acquisition and transaction costs. Utilise lower electronic money account barriers.
Accelerate Financial Inclusion and Become a Fintech
Extend financial services to the bottom of the pyramid.
WHY CHOOSE BARAKA MOBILE WALLET PLATFORM?
Modular and flexible
We've fully broken the legacy cycle. You can plug and play at micro level with 'lego-like' modules. You can add and replace functionality, keeping it fresh while making everyone happy.
%100 API and SDK based
Barakatech Super App incorporates various technologies and techniques to enhance security and mitigate risk, reducing the likelihood and impact of breaches: Application Protection, Fraud Management, Biometric and Multi Factor Authentication.
Quick set up and easy integration
Developer-first APIs, means concepts are delivered in days not weeks, pilots in weeks not months, and launch in months not years.
Unrivalled connectivity
Barakatech extends your business capabilities like no other. We are offering exclusive financial services like Card Storage, IBANization, emoney issuing and Stock Tokenization provided by our partners.
White labelling option
Baraka developed a generic Mobile Wallet to execute companies’ most common digital payment requirements. By using our white label mobile wallet product, super fast start to be a fintech company is possible!
Security
Baraka Mobile Wallet incorporates various technologies and techniques to enhance security and mitigate risk, reducing the likelihood and impact of breaches: Application Protection, Fraud Management, Biometric and Multi Factor Authentication.
BARAKA MOBILE WALLET
MAIN FEATURES
- Digital Onboarding
- Biometric – Multi Factor Authenticaiton
- White Label e-Money Prepaid Card
- Credit / Debit / Prepaid Card Storage
- Multi Currency Virtual IBANization
- Money Transfer
- Pay Utility Bills / Government Services
- QR / Deep Link Payments
- Pay Vendors / Online Shopping
- Management Dashboard
- Merchant App
- Accept Payments with QR or Deep-link
- Instant Refund
- E-commerce API
- Merchant Web Panel / Dashboard
- Customer Analytics
