Sopra Banking Software, a subsidiary of Sopra Steria Group, has unveiled a software(its third digital wallet) that will facilitate banks to roll out the market’s digital wallets and assist them with their digital transformation.

Jean-Charles Ricomini, payments expert at Sopra Banking Software, added, “We are supporting our customers with their digital initiatives; today, with initiatives like Secure Element (like the main international wallets provided by GAFA), in the future with other types of initiatives like HCE or QR code. Therefore, we are helping our banking partners in Europe and in Africa to meet their customers’ expectations by simply and effectively rolling out these mobile payment services.”

The multi Token Service Providers (TSP) approach provided by the software aims to assist the banks in setting and managing exchanges. It facilitates the easy roll-out of mobile payment solutions while simultaneously abiding by the international security regulation requirements. The software will enable Sopra as well as Transactis (Sopra’s partner and cards processor) to manage digital wallets from market players.

Boursorama Banque, a Transactis-Sopra Banking Software customer, is currently the only French bank offering three main international mobile wallets.

Aurore Gaspar, Deputy CEO at Boursorama Banque, said, “We are proud to be the first French bank to offer the three main global wallets thanks to the solution rolled out by the processor Transactis and the software vendor Sopra Banking Software. All Boursorama Banque customers can securely pay for their purchases, both in store and online, regardless of their mobile.”

by Megha Bhattacharya
Market Analyst at IBS Intelligence
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