Onbe, a leading disbursements financial technology company, today announces the launch of Send to Wallet.Ā An early to market offering, Send to Wallet, gives users the ability to add their virtual card quickly, simply, and securely to their preferred mobile wallet, from a web browser, without downloading an app or inputting bank details. Users load their virtual card directly into a mobile wallet by following prompts from a web browser email, or on a mobile phone – and with a few simple clicks, the card is ready to spend. This new offering complements Onbeās existing mobile wallet provisioning options, and delivers a smooth, modern experience for both merchants and theĀ 73% of consumers in the US who prefer to shop and pay through digital methods.
Currently in-market with key Onbe clientĀ HALO, a market leader in employee recognition, the Send to Wallet pilot program is enabling thousands of individualsā transactions. The pilot program began in January 2023 and is available to nearly twenty thousand employees of a Fortune 50 company across the United States and administered through HALO. On average and when available, 90% of participants choose an Onbe payment product and in this program, users can select Onbeās Send to Wallet as one of a variety of virtual and physical card redemption options.
āOne of Onbeās greatest offerings is delivering payment choice to the recipient, giving them the ability to use their funds however they choose, from online to in-store,ā according to Steven Trompeter, Vice President of Enterprise Sales at HALO. āUtilizing Onbeās new Send to Wallet functionality, weāre able to deliver funds conveniently and securely to recipientsā digital wallets, on behalf of one of our Fortune 50 clients, without requiring users to download an app. We truly couldnāt ask for a better partner.ā
āAt Onbe, we know that consumers expect fast access to their funds and weāre constantly innovating and developing new, secure and simple ways to do it,ā said Max Grande, Onbeās Vice President of Product. āSend to Wallet is an early market solution that puts the fast, frictionless ability to add a virtual card to a mobile wallet with no app to download into a userās hands, no matter if they are underbanked, unbanked, or someone who just wants immediate access to their funds.ā
Consumers continue to demand secure, digital payments while also using less and less cash, asĀ Onbeās 2023 Future of Payments surveyĀ found. Whether in the form of a refund, an incentive or income, itās crucial for businesses and fintechs like Onbe to work together to deliver disbursements quickly, securely and easily in the form of virtual payments, physical cards, as well as ACH. Onbeās payment gateway solution for corporate disbursements provides companies the tools they need to meet the evolving expectations of consumers today and tomorrow.
