09 October 2024

MeaWallet and B89 Join Forces to Enhance Digital Payments with Advanced Tokenization

Written By FinTech Alliance in FinTech

MeaWallet and B89 Join Forces to Enhance Digital Payments with Advanced Tokenization

MeaWallet, a leading digital payments enabler specialising in card tokenization announces its partnership with B89, a pioneering TechFin (fintech fully driven by technology and data) company dedicated to creating Latin America's first cross-border Neobank.

Founded in 2019 and based in Lima, Peru, B89 is at the forefront of digital banking, offering transparent, fair, and secure financial services through fully digital experiences. B89 leverages next-generation technologies to manage financial assets and enhance personal well-being, addressing the unique financial demands of the Latin American market. Notably, B89 is the first Peruvian fintech to become a Principal Member of Visa, a significant milestone that highlights its commitment to establishing a lasting presence in the financial sector.

Through this strategic partnership, MeaWallet is delivering comprehensive tokenization services that support B89's vision of secure and seamless digital payments. MeaWallet's expertise in card tokenization has been pivotal in the development of B89's payment solutions. This includes the integration of MeaWallet's SDK Push Provisioning, enabling B89 customers to effortlessly use Apple Pay and Google Pay. Additionally, MeaWallet has facilitated B89’s connection to the Visa Token Service (VTS) through their Issuer Token Service Provider (ITSP), ensuring a robust and secure payment ecosystem.

Ignacio Gironella, Global Sales Director MeaWallet commented: "We are pleased to announce our partnership with B89, providing our specialised tokenization services to support their mission. This collaboration highlights our mutual commitment to delivering secure and accessible financial solutions, and we are excited to continue supporting B89 as they lead the way in transforming the region’s financial system."

Amparo Nalvarte, CEO, at B89 added: "Our collaboration with MeaWallet marks a significant step forward in our mission to create a financial experience built on trust and well-being. We are committed to offering our customers secure, seamless, and innovative digital payment solutions and with MeaWallet’s expertise in tokenization, we are confident in our ability to meet the evolving needs of consumers across Latin America."

By announcing its partnership with MeaWallet, B89 reaffirms its commitment to providing secure and innovative digital payment services to its rapidly growing customer base. This collaboration marks a significant step in B89's mission to expand its reach across Latin America, delivering financial solutions that meet the evolving needs of consumers.

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