EasyEuro launches its digital wallet OuiTrust for European SMEs

By Megha Bhattacharya

EasyEuro announced today the launch of its digital Wallet, called OuiTrust. OuiTrust aims to serve millions of European SMEs, traders and freelancers bringing them new levels of payment efficiency to global trade. OuiTrust empowers SMEs with a new set of banking services, including collection, payment, low-cost currency exchange, customized card issuing. It provides users with a multi-currency account to send and receive payments in the currency of their choice (support more than 30 currencies and local settlement in 20 currencies).

It also supports SEPA, SEPA INSTANT, Faster Payments and SWIFT. Customers can apply for a MasterCard linked with their OuiTrust wallet that can be used worldwide.

The OuiTrust digital wallet supports most major payment acquiring methods such as Visa, MasterCard, WeChat Pay, Alipay and UnionPay and allows customers to benefit from quick and simple remittance and exchange rates which can be locked in during the trading process to avoid any currency fluctuations.

OuiTrust operates under Electronic Money Institution (EMI) license authorized by the UK FCA and is granted a conditional EMI license in 2020 by l’Autorité de contrôle prudentiel et de résolution (ACPR), Banque de France. OuiTrust’s team is led by Dr. Ryan Li and comprised of a group of experienced industry veterans who formerly worked at BNP, HSBC, RBS and Weston Union. The technology team is led by the ex-Chief Architect of Huawei Mobile Money, who was responsible for the deployment of M-Pesa, bKash, TCash, etc.