MEE (Mobile Economic Eco-system) enables simple, fast, highly secure and low cost transaction authorizations between Merchants and Consumer. The ambition was to make payment authorization easier than any other payment transaction method without the use of plastic cards. This ambition was originally achieved and proven through a live Proof of Concept with Merchants in a midsize city of Denmark (Randers). The MEE solution is now live within selected Netto shops in Denmark and it is now ready for roll-out at a large and global scale – either under own brand or as a white label solution!
Banks or Operators
MEE is ready for global roll-out
The MEE solution is born global, but local partners are required to distribute/manage MEE payment terminals to/for Merchants. Furthermore, one or more participating banks are required in each country to allow for account-to-account transfers.
MEE enables flexible price models
Due to the extreme low cost nature of the MEE solution and the fact that money does not flow through MEE (MEE only authorizes the payment), it will be be possible for MEE to authorize bank payment transactions at a very low cost, e.g. a fixed low fee per transaction.
MEE is secured by Cryptomathic
Cryptomathic is one of the world’s leading providers of security software solutions to businesses across a wide range of industry sectors, including banking. Cryptomathic has also provided the security for MEE. Furthermore security has been assessed and verified by F-Secure.
MEE Living Lab – Get started with MEE!
Potential investors or partners of MEE may want to set up a Living Lab for Proof of Concept. Within Europe this can easily be done for a number of real Merchants. If Proof of Concept also includes pure bank account transfers, then at least one participating bank needs to install the MEEadapter. In both cases a setup fee will apply to cover expenses and work effort by MEE.
Please fill out the below form and submit to get further information about MEE.