Official Blog

We are glad to report that the Estonian Financial Supervisory Authority (FSA) has approved Wallester’s application and granted us a cross-border license. We are now legally registered as an Estonian payment institution that offers financial services to firms in EU and EEA member states.Financial institutions that are allowed inside EU and EEA member states can use a passporting or cross-border license to provide financial services, perform payment transactions, and trade freely with minimum extra authorization.Wallester has been granted permission to provide services and operate in Austria, Finland, Belgium, Bulgaria, Spain, Croatia, Denmark, Italy, Ireland, Iceland, Greece, Cyprus, La…

We’re excited to announce the release of our app! Our driving focus has always been to provide improved service to our partners. Our existing partners will get access to the most up-to-date features through our app, which will aid them in making sound financial decisions.Currently, the Wallester app has a number of important features:Receiving funds and making payments is a breeze!Make your purchases online or at a point-of-sale terminalMaintaining a healthy balanceEasily manage your credit cards and keep track of your spending!Sign in using biometricsOrder virtual cards quickly and see card dataCreate, update, and remember 3DS passwordsChange and remember PINsSet daily and monthly res…

Fidesmo Pay, a wearable payment service, has been added to the Wallester’s product line.With the addition of Fidesmo Pay to the Wallester AS’s service, the safe tokenization of millions of cards onto wearables is now possible.Wallester-issued cards can now be safely tokenized on a wearable device thanks to the partnership between Wallester and the Swedish software company Fidesmo.

We are thrilled that our partnership with Holm Bank in Estonia continues. Our cooperation reaches back several years and now that Holm is launching a new credit card to Estonian market, they yet again chose Wallester as their partner.With the latest launch, users will have access to redesigned cards, 3D Secure solution and several convenient functions that a card owner can manage in Holm self service!Holm Bank is a credit institution licensed by European Central Bank and acting under Estonian FSA (Financial Supervisory Authority) supervision, primarily focusing on consumer credit business offering small loans, hire purchase and credit cards, but also term deposits and business loans. Holm is…

“For financial services to flourish and expand rapidly, collaborations in the fintech sector are essential. We’re looking forward to working with Wallester, and we hope our partnership will grow stronger as both businesses succeed. As a result of our shared principles such as customer-focused methods, security, and tailored solutions, we are certain that this cooperation will succeed.”  @Paypugs’sThis is why we do what we do: to help our partners realize their dreams. PayPugs is just getting started.

In recognition of Wallester’s excellent service and commitment to continuous improvement, VISA granted the firm a Principal Member status, allowing it to issue all kinds of VISA cards.Having this status means that you can make payments to other parties and directly engage with the payment system yourself. As a result of this new status, Wallester will be able to provide a broader range of services to consumers and businesses alike.A pivotal stage in the company’s development, VISA Principal Membership will allow it to compete more effectively in the global payment services industry.