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VIMpay

VIMpay- an one-size-fits-all mobile based solution for cashless payment for Europe

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

VIMpay project word cloud

Explore the words cloud of the VIMpay project. It provides you a very rough idea of what is the project "VIMpay" about.

with additional sophisticated caters vimpay proof business classic cater bank convenient solution mobile extended demonstrators phone ready requiring models contactless smart entry banked banking payment sepa card customers corresponding secure infrastructures fit region petafuel unbanked smartphone stage independent cashless fits universal disruptive area payments parties consolidating technologies ideally online participate market private infrastructure setting contactbased standards usps

Project "VIMpay" data sheet

The following table provides information about the project.

Coordinator	PETAFUEL GMBH Organization address address: Muenchnerstrasse 4 city: FREISING postcode: 85354 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Germany [DE]
Project website	http://www.vimpay-project.org/
Total cost	1˙664˙750 €
EC max contribution	1˙165˙325 € (70%)
Programme	1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-2-2015
Funding Scheme	SME-2
Starting year	2015
Duration (year-month-day)	from 2015-08-01 to 2016-12-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	PETAFUEL GMBH PETAFUEL GMBH Organization address address: Muenchnerstrasse 4 city: FREISING postcode: 85354 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	DE (FREISING)	coordinator	1˙165˙325.00

Map

Project objective

With VIMpay petaFuel aims to develop a mobile based payment solution to a stage that it is ready for European market entry. The product will enable all smart phone users to participate in cashless payments, consolidating both card based payments (contactless as well as contactbased) and SEPA payments. The main USPs of the products are (1) that it enables users to do payments without the need for a bank account and (2) does so in a secure and convenient way without (3) requiring additional payment infrastructure, i.e. it is based on open and already established standards. petaFuel -together with third parties- has already established a sophisticated payment infrastructure and corresponding business processes and brought demonstrators and proof-of-concepts into the market. Within this project these processes and infrastructures are extended and integrated to provide a mobile based payment solution that ideally caters for all payment needs of end customers in the European SEPA region. This project does fit the call objectives by setting up a universal solution that enables smartphone users in the whole SEPA payment area to participate in online cashless payments. Furthermore VIMpay will be disruptive to the classic banking models for private customers as VIMpay will provide a bank-independent payment solution and therefore does cater for unbanked customers as well as banked customers in Europe. The aim of VIMpay is to provide a one-fits-all solution for payments consolidating technologies and standards.

Deliverables

List of deliverables.
H2 Communication plan	Documents, reports	2019-07-25 14:24:39
V2 of the VIMpay app	Demonstrators, pilots, prototypes	2019-07-25 14:24:39
V1 of the VIMpay app	Demonstrators, pilots, prototypes	2019-07-25 14:24:38
V4 of the VIMpay app	Demonstrators, pilots, prototypes	2019-07-25 14:24:39
Business requirements document for version 2 of the VIMpay app	Documents, reports	2019-07-25 14:24:38
H1 Communication plan	Documents, reports	2019-07-25 14:24:39
Third Party API call specification	Documents, reports	2019-07-25 14:24:38
Decision Matrix and process definitions	Documents, reports	2019-07-25 14:24:38
Business requirements document for version 3 of the VIMpay app	Documents, reports	2019-07-25 14:24:39
Report on focus country requirements	Documents, reports	2019-07-25 14:24:39
Business requirements document for version 4 of the VIMpay app	Documents, reports	2019-07-25 14:24:38
First enhanced exploitation and pricing plan	Documents, reports	2019-07-25 14:24:38
Final report on specifics for a global European market entry	Documents, reports	2019-07-25 14:24:39
Product sheet for version 2 of the app	Documents, reports	2019-07-25 14:24:38
Business requirements document for version 1 of the VIMpay app	Documents, reports	2019-07-25 14:24:38
Product catalogue for necessary features	Documents, reports	2019-07-25 14:24:38
V3 of the VIMpay app	Demonstrators, pilots, prototypes	2019-07-25 14:24:39
Final exploitation plan	Documents, reports	2019-07-25 14:24:38
H3 Communication plan	Documents, reports	2019-07-25 14:24:39
Product catalogue covering all VIMpay features	Documents, reports	2019-07-25 14:24:38
Architecture design for the VIMpay API	Documents, reports	2019-07-25 14:24:39

Take a look to the deliverables list in detail: detailed list of VIMpay deliverables.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "VIMPAY" project.

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The information about "VIMPAY" are provided by the European Opendata Portal: CORDIS opendata.