Worldline, a payments and transactional service firm, and SnapSwap have signed a partnership agreement for the mobile payment application Gloneta.
Gloneta combines a mobile messenger (chat) with instant cross-currency transactions via the revolutionary Blockchain-technology. By developing new technologies and sharing expertise in fraud management, Worldline will provide secure card payments services to the new app Gloneta.
Sending money in a chat-application
Gloneta is a mobile application with a unique combination of fun social networking, a mobile messenger and instant free money transfers. It’s an easy way to send money to people in your own and foreign currencies.
Moreover, same currency transactions are free of charge and foreign currency transactions are offered at very competitive rates. Gloneta implements Blockchain-technology to allow instant money transfers without a bank at zero or very low cost.
To send money end users can charge their wallet in the app by transferring money from their bank to their own Gloneta IBAN account. The new partnership between SnapSwap and Worldline will soon allow them to safely link their credit card to Gloneta too.
Gloneta is available on iOS and Android in all EU-countries from the beginning of August 2016 and will support Euro, British Pound and US Dollar. Future currencies and new functionalities will follow soon.
A unique partnership with a huge potential
Peer-to-peer payments via blockchain-technology have a huge potential in the near future where everything becomes more and more digitalized. Offering access to credit card schemes in an e-Wallet sets great challenges to fraud management.
By jointly developing brand new technology based on aided machine learning combined with easy to use and fully compliant customer ID verification, Worldline supports SnapSwap to securely offer the services of the major credit card schemes to its customers.