MuchBetter has targeted the gaming industry with ‘Bank-in-a-box‘, a fully managed solution which lets operators get to market quickly and take control of their users’ payments experience.
The white-labelled payments service, compatible with both iOS and Android, has been designed to be ultra-secure for the operator, while enabling the end-user to make online and offline payments with just their phone and fingerprint.
MuchBetter’s CVV technology also enables Bank-in-a-box clients to create unique theft/loss proof debit or credit cards.
The product, which has already partnered with respected service providers such as Wirecard and GPS, has been aimed at gaming, travel and retail, all industries trying to cut time to market, keep costs low and differentiate their services in a crowded market.
“The launch of the MuchBetter wallet has been a tremendous success and it has attracted a lot of envious glances,” said MuchBetter co-founder, Prasannaa Muralidharan. “Over the last year, we have been approached by a number of companies including gaming firms and fintech start-ups who wanted to white label our solution and build various offerings on top of it.
“Bank-in-a-box offers precisely what the name suggests. It comes with out of the box back-end and front-end solutions, which can be branded to meet the needs of our clients and with full API support to develop completely custom applications using our infrastructure.”
Muralidharan added: “We have re-architected our entire system to create a platform which can be used to launch several branded solutions with different issuers and processors to launch various bank and prepaid programmes.”