Distribution partner in launch of AUKA's mobile payments application Settle Qorus Banking Innovation Awards 2019

Submitted by

Hrvatska poštanska banka

Premium
06/09/2019 Banking Innovation
Creating valuable connections between people and businesses and making their everyday transactions as easy as possible.
Innovation details
Country
Croatia
Category
Offering Innovation

Innovation presentation

Concept and objectives - Our vision is to digitise money, making it universally accessible and useful for everyone, whoever they are, regardless of bank balance. Our companies goal is to introduce new technologies in the field of mobile payment and to improve mobile users' experience in managing their money. Reasons behind - The world is rapidly digitising, cashless society is the way of the future; 70 percent of Nordics use a mobile payment app, and this percentage is even higher in China with the explosion of AliPay, which is the world’s largest mobile payment app for the Chinese market. State of competition – There are several P2P applications available on Croatian market but none of them offers the idea/sheme of eco system that includes both consumers and merchants. Sources of inspiration – Making our customer’s lives simpler and easier. Departments involved – Digital banking and bankcard Department, Marketing Department. Main results so far – In period from July 04, 2019 (official launch) to September 04, 2019 around 150 customers downloaded Settle application using the Sberbank marketing tags. Aside from Sberbank marketing tags, application can be downloaded directly from application stores (Google play and AppStore) so the total number of users is even higher.

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