"NuWallet has developed an application that cuts the mobile checkout process from minutes to just a few seconds by auto-populating all of the user's billing information to securely complete a transaction," said George Hendrix, President and CEO of NuWallet. The NuWallet app also eliminates the potential of billing input errors, which not only frustrates the customer, but also increases the likelihood of shopper abandonment resulting in lost revenue for merchants.
Unlike other wallets stored on the secure element of an NFC chip, this ubiquitous mobile wallet securely stores cardholder data in the cloud, for use on any phone, tablet, POS system or computer. ROAMwallet’s patent pending architecture goes beyond other e-wallets to send level three and meta data about the transaction back to the merchant, and the API can be very easily incorporated by any mobile app developer to include convenient 1-Tap checkout in applications or mobile advertisements.
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