Redefining Mobile Banking with M-Commerce

Transform your mobile banking app into an all-in-one lifestyle platform with FINANTEQ’s SuperWallet. Engage your customers with integrated m-commerce services and unlock new revenue streams for your bank.

Banking Beyond Transactions

Today, as we predicted some time ago, some banking apps evolved into super apps. Within this trend, we see a space for banks to offer value-added services (VAS), and we are confident that implementing them will bring tangible benefits.

The m-commerce industry is growing very intensively. For many years, industry reports have indicated a continuous increase in e-commerce and m-commerce transactions. This trend is confirmed by the number of active users in banks, that have implemented VAS in their banking apps.

The number and value of transactions conducted within apps are also on the rise. Today, through FINANTEQ's SuperWallet, tens of thousands of transactions are made daily (for comparison, in 2013, it was only 76 purchases).

30% of the digital population globally shops via mobile phones

Estimates indicate that revenue from mobile commerce will reach approximately 2.5 trillion U.S. dollars in 2025, nearly doubling over the subsequent four years to encompass 63 percent of total retail e-commerce.

Mobile Commerce Worldwide
Statista

Transform Your Services

Increased customer engagement in the bank's application

since the customer is securely logged into the app provided by a trusted source, they can explore additional offers without having to register in another app. This significantly simplifies the shopping experience and encourages purchases. 

Additional revenue streams

Banks gain from commissions by integrating financial services with existing products. Banks profit from every transaction, as merchants offering their products share revenues. 

Personalised services

With data from SuperWallets, banks know what their customers are buying, allowing precise analysis of purchasing behaviours within various embedded m-commerce services, making both banking and non-banking services more personalized.  

Growth in the numbers

App users, frequency of usage, and an increasing number of transactions - and these are just a basic few.

Cooperation opportunities

Participation in co-creating unique promotional campaigns for customers with merchants.

Customer loyalty

Strengthening customer loyalty With new services implemented in the app, banks can re-engage customers and increase the number of interactions with the bank's application. Offering non-banking services that meet the needs of the majority of customers avoids the need for another app, as they will stick to the trusted banking application. Banks can offer innovative products that delight customers. Adding lifestyle features makes banking more attractive and eliminates the fatigue of managing multiple apps on a smartphone. 

Benefits for the customer

All-in-one service

Access to a range of services from their in one secure application bank. 

Intuitive experience

Excellent user experience (easy, convenient, intuitive navigation within SuperWallet). 

Personalised offers

Access to curated, unique promotional campaigns. 

Easy payments

Ability to make instant payments directly from their account without the need to register any payment instruments.  

Broad Selection of Available Services

Public transport tickets

Buy and manage tickets for buses, trams, and trains.

Parking tickets

Quickly pay for parking.

Flower delivery

Send flowers directly from your device.

TAXI

Order and track rides.

Charity support

Donate to causes you care about.

Highway tolls

Pay tolls smoothly while on the move.

Top-ups

Recharge mobile accounts or prepaid services.

Culture & Events Tickets

Access tickets for arts and entertainment.

Quick and Easy Integration

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To facilitate an easy and quick implementation of the m-commerce module into developed or existing mobile banking, FINANTEQ has developed an SDK. This is a set of methods, essential libraries, and technical documentation that enables the bank to independently integrate the module with the mobile application and promptly provide customers with a wide range of services added to SuperWallet.

  • The bank can enrich its portfolio with additional, innovative services in a very short time.
  • There is no need to build a similar system from scratch, as the product is a ready-made solution.
  • FINANTEQ has been continuously working on the innovation of SuperWallet for almost 10 years – it is a robust and reliable solution.
Talk to sales

Services Valued by Clients

FINANTEQ is an excellent development partner that supports the customers' full digital banking experience through the app. They execute an agile methodology while delivering quality outputs. Their competence and attention to detail make them stand out.

National Bank of Kuwait

FINANTEQ genuinely understands our needs and has been helping us shape our product development since day one. The app has been launched, and the end users are enjoying it, receiving favorable ratings on both the App Store and Google Play. FINANTEQ uses an agile approach, utilizing Jira and Confluence and communicating via RocketChat and Webex. So far, the client is happy with ongoing support from the team.

BNP Paribas

The app has been nominated in the Mobile Trends Awards and has received high ratings in App Store and Google Play. FINANTEQ’s outstanding work is reflected in a high-quality app that has gone through rigorous testing. The team was agile and utilized multiple communication channels for collaboration.

mBank

Banking is a demanding industry, and the Finanteq Team is well specialized in the field. They are experts who do not only deliver, but also advise on the best possible solution. In my opinion, FINANTEQ consists of excellent professionals with the proper attitude – they are communicative, experienced, proactive, accustomed to solving problems, understanding and accepting "banking realities", and flexible. Most of the developers provided by Finanteq are considered to be top developers among the team members.

Santander Bank Poland

Michel Sorbet
Head of sales
+48 123 456 789
michal.sorbet@finanteq.com
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