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MEAWALLET SIGNS AGREEMENT TO USE SWEDISH MOBILE BANKID

Published by Gbaf News

Posted on May 21, 2014

2 min read

· Last updated: November 19, 2018

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MeaWallet Integrates Swedish Mobile BankID

MeaWallet has signed a deal to use the Swedish mobile bankID as method for mobile authentication and signing of mobile financial transactions. This means that MeaWallet and its partner service providers will be able to use this very popular mobile authentication and signing application as one security method in its mobile wallet services offering.

Meawallet Signs Agreement To Use SWEDISH Mobile Bankid

Meawallet Signs Agreement To Use SWEDISH Mobile Bankid

Benefits of Swedish Mobile bankID Integration

“Swedish mobile bankID is a very good and well-known mobile security application and trusted by the large population of users. MeaWallet and its mobile service provider partners can now use this to enhance and secure attractive mobile services in the MeaWallet mobile wallet, including payments and other financial transactions, loyalty/coupons, ID’s, access, ticketing and receipts”, says Lars Sandtorv, CEO of MeaWallet.

Mobile BankID Adoption in Sweden

Mobile bankID has become the most used and a defacto standard for doing mobile authentication and signing of mobile transactions in Sweden. It’s used by all major banks for login to mobile bank applications and for the signing of financial transactions. It’s also used by many governmental organsations, for example it was the most used method by Swedish citizen’s when doing this years tax declaration and the electronic authentication and signing of the yearly statement.

MeaWallet’s Vision for Secure Mobile Wallets

The time is right for bringing the entire contents of your wallet into your smart phone, not as a multitude of apps, but as one secure mobile wallet. To achieve this MeaWallet focus on six verticals, covering most of the content in physical wallets of today;

  • Payments
  • Loyalty cards and coupons
  • Ticketing
  • ID’s
  • Access cards
  • Receipts

Key Takeaways

  • MeaWallet has signed an agreement to integrate Sweden’s Mobile BankID for authentication and mobile transaction signing.
  • This enables secure services—payments, loyalty, IDs, ticketing, access, receipts—in the MeaWallet mobile wallet.
  • Mobile BankID is a widely trusted and de facto standard in Sweden for mobile authentication and transaction signing.

Frequently Asked Questions

What is the purpose of MeaWallet’s agreement with Mobile BankID?
To use Sweden’s Mobile BankID for secure mobile authentication and signing of financial transactions within the MeaWallet mobile wallet.
Which services will benefit from this integration?
Payments, loyalty/coupons, IDs, ticketing, access cards, and receipts can now be authenticated securely via Mobile BankID.
Why Mobile BankID?
Because it is a well-known, trusted mobile security application and the de facto standard for mobile authentication and transaction signing in Sweden.

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