About MEE solution
MEE is an abbreviation of Mobile Economic Eco-System, and it is an innovative mobile payment and secure authorization platform developed and first launched in Denmark.MEE enables simple, fast, highly secure and low cost transaction authorizations between Merchants and Consumers. Our ambition is to make payment authorization easier and more cost efficient than any other payment transaction method – at the highest level of security. Consumers are able to authorize payments and pay with the mobile phone using only one click, and the consumer immediately receives a receipt by e-mail. They do this through the MEEwallet mobile app for both iPhone and Android.
MEE is much more than than just a mobile application. It is a complete mobile authorization and payment eco-system with all the key components to provide a best in class, secure and scalable payment solution, which aims to change the future of mobile payments.
MEEwallet offers a unique opportunity to replace the physical wallet and cards with a true digital wallet solution utilizing direct account payments and cards depending on defined business rules agreed by the banks and merchants together.
The key products in the overall solutions are:
In combination, the above products constitute a complete payment authorization and transfer of funds eco-system.
Principles for building and maintaining MEE products
The MEE solution has been built based on the following principles:
Read more about the individual MEE Products on the individual product pages
MEE is the most secure payment authorization solution for physical merchant shops
MEE is an authorization platform utilizing strong cryptographic principles, which guarantee that a device-owner has been present at a specific location with his/her mobile phone and authorized a specific action.
Full security is thus one of the key advantages of using MEE in the moment of purchase at a physical shop.
What is secured?
MEE is integrated to multiple PSPs and banks. In this context MEE can be seen as a payment authorization platform, but it is important to underline the fact that MEE mainly is a platform to enable location specific authorizations by a customer or user of a service. Hence, we believe there many more use cases related to secure location specific authorization of a user, customer, employee, supplier, etc.
MEE is fully PSD2 compliant.
We are happy to explain how we enable the above security. Reach out to MEE for a meeting, so that we can explain the details.