Top 6 Wallet Software Providers In 2023

Many businesses are increasingly forming a request to create a custom-branded wallet. There are a myriad of ways a company can use a digital wallet. For example, it could be related to launching loyalty programs or the need for a centralized payment system for the local market in which you operate. 

But sometimes even large companies come to the point where they can't devote the resources to creating their wallet. In such cases, you can outsource the solution to white-label digital wallet providers. They will offer customized, off-the-shelf solutions and provide customers with the basic infrastructure. 

There are always a lot of questions when it comes to choosing a service provider and offering digital wallets. It's worth paying attention to experienced industry leaders who have proven the effectiveness of their solutions.

• SDK Finance

SDK Finance offers flexible and scalable software for creating a standalone digital wallet or adding electronic asset accounting functionality to an existing product. Allowing faster time to market, because of its adaptability and flexibility, the digital wallet platform is suitable for a variety of industries and business types. 

• Velmie

The Velmie white-label digital wallet platform helps financial institutions and non-banks create fully managed e-wallet payment systems and scale them over time with the most appropriate and in-demand features. Together with virtual wallet apps for iOS and Android provide web interfaces and open APIs for endless integration possibilities. 

• Wallet Factory

Wallet Factory is a FinTech provider that provides services to financial companies. The company offers flexible enterprise-level solutions - from comprehensive digital wallet and card platforms to payment and rewards acceptance systems and financial products and mobile commerce core. 

• Youtap

Youtap's white-label solution for banks, payment service providers, retail conglomerates and e-money providers allows these providers to quickly launch a digital wallet or virtual bank account and co-branded debit card supporting a wide range of features. Youtap takes care of all program management, implementation and integration.

• HolyWally

HolyWally combines adaptability, fast scalability and an optimized user experience. It's a B2B2C digital wallet solution that takes a human-centric approach to design and usability, allowing you to give your customers the exceptional value and user experience they crave.

• Openway

Openway's Way4 Wallet solution is a single platform to support all kinds of business models. Here they've combined in-store, in-app and e-commerce payments to create an immersive, personalized customer experience. Make shopping convenient with QR codes, NFC, Apple Pay, Samsung Pay and Google Pay, tokenization and more.

Digital wallets have already taken over the world, and that wave is only going to grow shortly. They make transactions a fast, efficient and convenient process that benefits all parties. In addition, they allow you to make payments at various outlets, store information about previous transactions, make gift cards, keep a shopping list, and much more. So choose the right provider and take your business into a new era.