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VIMpay

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

Total Cost €

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EC-Contrib. €

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Partnership

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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 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.

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

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