Fidesmo teams up with Wallester

Wallester, a licensed white label VISA Card issuer, now includes the wearable payment service Fidesmo Pay in their offering.

Wallester is an Estonian licensed financial institution and licensed white label VISA Card issuer.

The company provides a modern API platform that simplifies traditional card processing methods, allowing businesses to launch and integrate their latest card products – be it debit, credit, virtual or prepaid cards – in no time.

Together with the Swedish tech company Fidesmo, Wallester now expands its offering by including the wearable payment service Fidesmo Pay, which means that any card issued by Wallester can be securely tokenized onto a wearable.

– Partnering with Wallester means that we can make a great impact on the contactless payment market on a large scale. Our partnership will enable the opportunity for hundreds of thousands of cards – and more to come – to be tokenized onto wearables, which will lead to increased payment convenience and security for each card holder, says Mattias Eld, CEO at Fidesmo.

– Wallester represents itself as an all-in-one service, and thanks to the partnership with Fidesmo, we gave our customers the ability to deal with their payments using new multifunctional tools, simplifying their access to the financial world, therefore maintaining our status as a FinTech company, says Dmitrii Logvinenko, COO at Wallester.