VIMpay- an one-size-fits-all mobile based solution for cashless payment for Europe

Informations projet

VIMpay

N° de convention de subvention: 683612

DOI

10.3030/683612

Projet clôturé

Date de signature de la CE 11 Août 2015

Date de début 1 Août 2015

Date de fin 31 Decembre 2016

Financé au titre de

• INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)

Coût total

€ 1 664 750,00

Contribution de l’UE

€ 1 165 325,00

Coordonné par

PETAFUEL GMBH
Germany

Periodic Reporting for period 2 - VIMpay (VIMpay- an one-size-fits-all mobile based solution for cashless payment for Europe)

Période du rapport: 2016-05-01 au 2016-12-31

Résumé du contexte et des objectifs généraux du projet

VIMpay aims to provide easy and secure SEPA and Card based payment functionality to smartphone enabled customers across Europe.

With regards to this overall objective following this goal we have defined following listed objectives in the DoA:
1. support consolidated access to multiple payment services, both mobile based SEPA cashless and cardbased payments (both contactless and contact based)
2. provide potentially every smartphone enabled EU citizen with this payment account functionality including unbanked EU customers
3. provide a safe, fast and easy-to-use solution that lets the customer be in full control of the account and his or her payments
4. cater for further relevant payment needs of the customer by providing user-centric services that can be individualized.

During the course of the project petaFuel has achieved all objectives, providing an innovative payment application to EU citizens
One can use the app, available in the app stores, to perform SEPA payments as well as card based payments in an easy-to-use and secure manner.

Travail effectué depuis le début du projet jusqu’à la fin de la période considérée dans le rapport et principaux résultats atteints jusqu’à présent

With the VIMpay app, published in four versions during the course of the project, and the corresponding processes implemented for the project, a European Ready-To-Market smarthphone application is now available that enables EU citizens to participate in daily payment needs.
Once the user has installed the app he can choose between different account models to facilate SEPA and card based payments as originally envisioned in the project.
All milestones for the project have been achieved.

The app will now be marketed and rolled out in different European countries.

Progrès au-delà de l’état des connaissances et impact potentiel prévu (y compris l’impact socio-économique et les conséquences sociétales plus larges du projet jusqu’à présent)

With the VIMpay app European citizens are equipped with a bank account functionality and participate in everyday payments within the SEPA region.
This corresponds to the societal need of having a bank account to participate in the daily life.

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