Neobanco Viva Wallet offers a payment service compatible with PSD2

Viva Wallet is a European cloud-based Neobank and has announced that it will offer a payment service for marketplaces compatible with PSD2. This was reported to Cointelegraph in Spanish through a statement from Spain.

As they explained, this works for services like grocery delivery, car pooling, the sharing economy industry and offers the ability to be compatible.

“The rapid increase in online marketplaces across Europe, acting as intermediaries between sellers and buyers, has greatly improved the way end customers order groceries, call a taxi, rent a room, among other things. It also coincided with several systemic ones Challenges together. An open banking movement, subsequent PSD2 regulations, and a global pandemic have created in-market payment solutions that make digital platform growth a priority for every industry”They remarked.

Neobanco Viva Wallet offers a payment service compatible with PSD2
Neobanco Viva Wallet offers a payment service compatible with PSD2

“In addition, online shopping enables consumers to use healthier, contactless payment methods. This is a growing trend. A recent study by Nielsen found that 44% of global consumers now shop online about once a year, compared to just 9.” % before the pandemic, ”they later emphasized.

As explained in the statement, Viva Wallet has developed a marketplace solution that complies with PSD2 guidelinesso that the chosen platform does not have to become a licensed provider in order to receive payments from buyers to sellers. “With such a payment solution in the market, companies can now focus on growing and managing their business while Viva Wallet takes care of processing PSD2-compliant customer transactions,” they said.

Via Viva Wallet

Viva Wallet is a European cloud-based neobank that uses Microsoft Azure. With offices in 23 European countries and more than 600 employees, they offer services in 19 languages ​​and payments in 10 different currencies.

Viva Wallet is a primary member of Visa and MasterCard to purchase and spend services. It also offers companies, card acceptance services via Android terminals or the Android POS application Viva Wallet, as well as via payment gateways in online shops. It also offers local IBAN business accounts and a Viva Wallet Mastercard business card.

The statement also states that Viva Wallet Holdings owns a Greek banking subsidiary (VIVABANK SA) and an electronic money subsidiary.

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