back Back

Fidesmo Pay expands into Europe with Cembra’s partnership

By Megha Bhattacharya

March 02, 2021

  • Denmark
  • Europe
  • Fidesmo Pay
Share

fidesmo payFidesmo Pay today announced its expansion in Europe with a new collaboration with Cembra in Switzerland. Cembra, a Swiss provider of consumer finance products, will be able to allow its customers to connect their cards to a wearable with support for Fidesmo Pay.

“Fidesmo is on the growth path and is starting in more and more countries, with innovative banks and service providers. We are very pleased that we could win Cembra to take our first steps with issuers in Switzerland and look forward to our further cooperation. It is especially important to me to emphasize great personal cooperation,” said Ulrich Dreefs, Head of Sales, Fidesmo.

According to Fidesmo Pay, the customer can choose from a variety of wearables – watch straps, bracelets, keyrings and much more. The payment card is easily and securely connected online when ordering the wearable and activated for payments through the Fidesmo app once the purchase has been received.

Recently, Fidesmo and SEB have teamed up for the launch of the wearable payment service Fidesmo Pay in Denmark and Finland. Fidesmo Pay aims to enable banks to offer their customers a secure way to make contactless payments, by letting them pay with a wearable of their own choice. SEB launched the wearable payment service to their customers in Sweden and Norway in 2019 and today they further expand the offering to customers in Denmark and Finland.

The Swedish technology company provides a streamlined integration process for manufacturers to add contactless services to their devices and for contactless service providers to distribute their services without any hardware overhead to many devices.

Previous Article

March 02, 2021

BCU partners with QCash Financial to launch Express Loan

Read More
Next Article

March 02, 2021

VBCE and EMQ partner to expand global payment capabilities

Read More






IBSi Daily News Analysis

Data privacy

July 16, 2024

Denmark

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Systems Limited & Formpipe team to drive digitalisation for MEA banks

Read More

Today

Worldline & Antenor enable contactless payments at Selfly Store vending machines

Read More

Today

Ajman Transport Authority & BPC digitize payments for UAE commuters

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024