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Software Group’s technology platform is behind the new mobile wallet by Postbank Bulgaria

Software Group’s technology platform is behind the new mobile wallet by Postbank Bulgaria Photo: Software Group

The last generation ONE wallet – a recently launched mobile wallet by Postbank Bulgaria, a member of Eurobank Group, is the latest service developed in partnership with the global technology company, Software Group (SoftwareGroup.com).

Based on Software Group’s Mobile Wallet platform, ONE wallet is a last generation high-tech application offering convenience, security and excellent control in contactless card payments and money transfers via a smartphone.

The diverse capabilities of the wallet, currently available for use by active users, enable the bank's customers to make payments in all retail outlets in the country and abroad, where a contactless POS terminal is available. Some of the wallet’s features include payments via ATM, POS and Internet, blocking/unblocking all cards issued by the bank, fast money transfers between the wallet users, adding loyalty cards through QR code - all this combined with security and protection of biometric data. Contactless payments using Apple Watch, Garmin or FitBit smartwatches are also available.

Using ONE wallet by Postbank, consumers can rely on constant development and a wide range of additional functionalities the bank plans to gradually implement in order to offer excellent customer experience.

“We are honoured to be the technology partner for Postbank and to contribute to the growth of their digital ecosystem. Software Group’s mission to help financial institutions provide better, faster and more convenient services to their customers is well in sync with the bank’s long-term digitalization strategy. We look forward to creating more added value for the bank and its customers through our cutting-edge technology,’’ comments Kalin Radev, CEO of Software Group.

Software Group’s Mobile Wallet is one of the most sought-after solutions in the company’s portfolio. Based on the core platform DigiWave, it has empowered leading banks and financial companies across Europe, MENA, Africa, APAC, and LATAM to offer their customers a rich portfolio of mobile financial services.

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About Software Group
Software Group is a global technology company specialized in digitalization and integration solutions for institutions that provide financial services. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base in more than 70 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. The company’s vision is to accelerate financial inclusion by creating cutting-edge technology solutions.Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, MasterCard & MasterCard Foundation, International Finance Corporation (IFC), Asia Development Bank, Asia Confederation of Credit Unions (ACCU), Access Bank Germany, Atlantic Bank Group, Bank South Pacific, Commercial International Bank Egypt, Allianz Bank Bulgaria, Fidelity Bank, Generali, Kenya Commercial Bank, among others. Learn more at www.softwaregroup.com

About Postbank
Postbank has а 30-year presence among the leaders in Bulgaria’s banking sector. It is the fourth biggest bank in Bulgaria in terms of assets and the third in terms of credit and deposit portfolio. The bank is a leading factor in the innovations in Bulgaria, occupies a strategic place on the Bulgarian market and has won over 20 international and Bulgarian prestigious banking and business awards in the last few years. Postbank received three times the Best Bank in Retail Banking in Bulgaria award in World Finance Awards. In June 2021, the Bulgarian Credit Rating Agency upgraded Postbank’s long-term credit rating to BBB, with stable outlook. The lender has one of the broadest branch networks in the country equipped with the most state-of-the-art digital banking channels, including unique self-serving digital zones. Find out more at www.postbank.bg

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