Wa! (fusion of “old”- Wa! and Fivory)

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Summary: French bank BNP Paribas and supermarket giant Carrefour are to merge their Wa! and Fivory electronic wallets to create a “unified, universal mobile payment solution”, allowing customers to make payments, receive loyalty rewards and make peer-to-peer money transfers. The new app, backed by Credit Mutuel-CIC, Auchan Retail France, Mastercard, Oney and Total, will receive its brand name by the end of this year and launch in early 2017.
Website: n/a
Status: Pre-Launch
Market: France (in early 2017)
Type: Bank Consortia
Ownership: BNP Paribas and Carrefour. Backed by Credit Mutuel-CIC, Auchan Retail France, Mastercard, Oney and Total.
Functions: Retail and P2P payments
Payment Mode: Cards-based
Channel: POS via NFC and QR code, Web
Roadmap: Carrefour and BNP want to expand Wa! to other countries, starting in Belgium. [/otw_shortcode_content_toggle]

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Registration & set up: (Update to follow – Further information being obtained)

Making a payment: (Update to follow – Further information being obtained) [/otw_shortcode_content_toggle]

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Merchant perspective: (Update to follow – Further information being obtained)
Security: (Update to follow – Further information being obtained) [/otw_shortcode_content_toggle]

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Strategy: (Update to follow – Further information being obtained)
Payee fee: (Update to follow – Further information being obtained)
Payer fee: (Update to follow – Further information being obtained) [/otw_shortcode_content_toggle]

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