Worldline is to partner FinTech firm SnapSwap on its mobile payment application Gloneta, which combines mobile messenger chat with instant cross-currency transactions via blockchain technology.
Through Gloneta, same currency transfers are free of charge, with foreign currencies offered at reportedly competitive rates. The blockchain technology allows for the instant transfer of money without a bank, at zero or very low cost.
The new partnership between SnapSwap and Worldline will allow app users to safely link their credit card to Gloneta. To send money, users can charge their wallet in the app by transferring money from their bank to their own Gloneta IBAN account.
Denis Kiselev, founder and CEO of SnapSwap, noted: “Worldline’s expertise in electronic payments and its unique risk management solutions will help us to expand the Gloneta offering beyond a peer-to-peer platform. We will continue building Gloneta in a way that delivers real value to our customers and at the same time let them have fun and enjoy the experience.”
Gloneta will be available on iOS and Android devices in all EU countries from August 2016 and will support the Euro, British Pound and US Dollar.
Latest News
-
EXCLUSIVE: Clearpay policy exec says Australia offers ‘useful model’ for BNPL law as UK consultation ends
-
Grassroots football organisation partners with GoCardless to identify missing revenue
-
John Lewis introduces pocket money tracker for children
-
Santander to roll out international growth platform for SMEs
-
TSB hires Marc Armengol as CEO amid Sabadell takeover speculation
-
FStech Awards 2025 shortlist announced
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.
Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories