Wallet Factory has partnered with IMS Ventures to offer its digital wallet engine and API-based tools for businesses in South African emerging markets.
The digital wallet service was developed in order to ensure efficiency and security for FairPay, a transportation digitalisation initiative that is set to enable cashless operations for agents, customers, and clients.
IMS Ventures’ partnership with Wallet Factory focuses on exploring the possibilities of incorporating a digital wallet engine within the transport card, in addition to the cashless payment solutions platform.