Worldline and SnapSwap team up for mobile money messenger app

SnapSwap

Payment provider Worldline and Luxembourg-based start-up SnapSwap have signed a partnership agreement for the latter’s mobile payment application Gloneta.

Gloneta combines a mobile messenger (chat) with cross-currency transactions using blockchain. Worldline says it will “provide” secure card payments services to the new app Gloneta.

Denis Kiselev, founder and CEO of SnapSwap, says: “Worldline’s expertise in electronic payments and its unique risk management solutions will help us to expand the Gloneta offering beyond a peer-to-peer platform.”

The firms say Gloneta allows the sending of money in local and foreign currencies. Same currency transactions are “free of charge”. Gloneta uses blockchain to allow “instant” money transfers “without a bank”.

To send money end users can charge their wallet in the app by transferring money from their bank to their own Gloneta IBAN account. The companies say the new partnership will “soon allow them to safely link their credit card to Gloneta too”.

Gloneta is available on iOS and Android in all EU-countries from the beginning of August 2016 and will support euro, British pounds and US dollars. Future currencies and new functionalities will follow soon.

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