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Wallet Factory offers digital wallet engine to IMS Ventures

July 17, 2023

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.

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