Paydiant

Paydiant provides a white label mobile wallet platform that includes mobile payments, loyalty, offers, ATM cash access and related commerce services. The patented cloud-based platform enables merchants and banks to deploy their own secure mobile wallet solutions under their own brands, in their own apps.

This means that merchants can add mobile wallet functionality, including mobile payments, loyalty, offers and e-receipts to their own mobile apps without involving new brands and without sharing their customers’ data with others. Paydiant assists its users to acquire new customers and increase ticket size by delivering highly targeted offers and personalized mobile loyalty programs to their customers whether they are using their own app or a Paydiant-powered mobile wallet from a trusted partner.

Paydiant payment credentials are never stored on the phone and every transaction is authenticated using a customer’s login credentials and mobile device profile. While other approaches emulate legacy magnetic stripe technology by storing payment card data on a customer’s smartphone, Paydiant keeps sensitive cardholder data securely stored in a PCI Level 1-compliant, SAS70 certified data center.

Rich reporting and analytics keeps users on top of wallet usage trends and campaign performance. In addition, they decide which payment cards – including debit, credit, gift and private label cards – their customers can add to their mobile wallet, giving them unique insight into customer spending behavior and preferences.

Paydiant supports its users’ existing POS system and most popular smartphones allowing them to launch mobile payments offerings without requiring expensive and time-consuming hardware upgrades. Furthermore, the Paydiant platform provides its customers with the flexibility to support new technologies like Bluetooth Low Energy (BLE).