MBILLS is majority owned by Petrol, the largest energy and retailer in Slovenia, with annual sales of around € 5.4 billion. In Slovenia, around 80% of payments are still in cash, so there is great potential for digital and mobile payments. MBILLS is the first Slovenian FinTech company to make payments with Garmin Wearables.
A mobile payment solution
Wirecard and MBILLS now offer fully digital payments via Garmin Pay / mBills app is the mobile payment solution from Petrol, Slovenia’s largest energy company and retailer Aschheim (Munich) / Ljubljana (ots) – Wirecard, the world’s leading innovation driver for digital financial technology, and the Slovenian fintech companies MBILLS now also offer users of the Mobile Wallet App mBills Garmin Pay as a further payment option, thus offering greater freedom of choice and ease of use for digital payments. The more than half a million mBills customers can now add their digital debit card, which is connected to their mobile wallet, to Garmin Pay and pay worldwide at outlets and online.
The word of the director of MBILLS
Mag. Primoz Zupan, Director of MBILLS says: “By connecting our mBills app to Garmin Pay, we’re offering our customers an even wider array of devices to pay with, giving them more flexibility and freedom Wirecard’s expertise in mobile payments not only via smartphone, but also with wearables, was crucial for the market launch of this new payment option”.
Boris Bongartz, Head of Sales, Digital Goods, at Wirecard, adds, “Mobile payments are becoming increasingly popular around the world for their ease of use and flexibility – by allowing consumers to add digital mBills cards to Garmin Pay, consumers need neither a wallet nor a wallet Smartphone – we are driving forward the use of digital payment solutions and make it easier for Slovenian consumers to pay on the go”.
Wirecard and MBILLS thus offer a fully fledged, mobile and digital payment solution
All features-from ordering to activating the card, managing all expenses, setting transaction limits, or enabling or disabling payments abroad-are mobile and always available. An exact list of all expenses and the associated cost and budget control for the user are also part of the functional scope. After each transaction, a free notification will be sent to the user. The mBills-Mastercard can be easily requested in the app and is linked to the user’s own mBills account.
About Wirecard
Wirecard (GER: WDI) is one of the world’s fastest-growing digital platforms for financial commerce. We offer both business customers and consumers a growing ecosystem of real-time value-added services around innovative digital payments through an integrated B2B2C approach. This ecosystem focuses on Payment & Risk, Retail & Transaction Banking, Loyalty & Couponing, Data Analytics & Conversion Rate Enhancement solutions across all distribution channels (Online, Mobile, ePOS). Wirecard operates regulated financial institutions in several key markets and holds licenses from all major payment and card networks.
About MBILLS
MBILLS, E-Money and Payment Services, Ltd. (MBILLS d.o.o.) is a Slovenian FinTech company known for its award-winning mobile app and mBills (www.mbills.si) mobile platform for easy and fast payments where the user’s smartphone becomes his mobile wallet. In December 2017, MBILLS was acquired by Petrol, d.d., the leading Slovenian company.