Wirecard, mBills expand cooperation to offer digital payments via Garmin Pay

Monday 25 March 2019 13:27 CET | News

Wirecard and Slovenia-based fintech company mBills have enabled Garmin Pay as a further digital payment option.

This cooperation offers users of the mobile wallet app mBills more flexibility when it comes to digital payments. The latter’s customers are now able to add their digital debit card connected to their mobile wallet to Garmin Pay and thus use their Garmin device to pay at points-of-sale worldwide and online.

The company mBills is owned mainly by Petrol, one of the largest energy and retail companies in Slovenia. According to the press release, around 80% of transactions in Slovenia are still carried out in cash, meaning that there is a huge market potential for mobile and digital payments.

The functions of the digital payment solution – from ordering, activating and blocking the card and managing finances, to setting transaction limits or activating or blocking payments outside the European Union – are mobile and available worldwide anytime. A list of all expenses – and the associated cost control and budgeting for the user – is also included in the functionality. After each transaction, a notification is sent to the user’s smartphone free of charge.

Earlier in 2019, Sony has launched the wena watch range in the UK and Ireland, giving wearers the ability to make contactless payments with a tap of the wrist – and Wirecard is the launch issuer. For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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Keywords: Wirecard, Slovenia, fintech company, MBILLS, Garmin Pay, digital payment, mobile payments
Countries: World