Empowering your cardholders to control their debit, credit and in-store cards against fraud and abuse right from their mobile phones, leveraging your Tranwall Transaction Control infrastructure.
Tranwallet empowers cardholders to use their mobile phones in controlling which transactions are either allowed or disallowed on their credit, debit and private-label cards, actively involving the cardholder in the fraud mitigation process.
Our card-control mobile app, Tranwallet, is available for the iPhone and Android platforms, and is supported on all feature-phones via USSD and SMS.
Tranwallet works in conjunction with your Tranwall Transaction Control (Tranwall TC) infrastructure. When a user of the Tranwallet App makes a change to their card status to either allow or disallow specific granular transaction types as required at the time of transaction, the Tranwallet App communicates with Tranwall TC in real-time, updating it with the required card status. Once the card status has been enabled by the cardholder, the transaction will be allowed by Tranwall TC and passed onto your card ecosystem for authorization. However, if the card status has been disabled when the transaction is being processed (as with a fraudulent purchase that the cardholder is unaware of), the transaction will be declined by Tranwall TC and never reach the card ecosystem.