Multipass is a financial services provider offering global business accounts, multi-currency payments, and cross-border transaction solutions.
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Launch Your Own Branded Wallet
Give customers a wallet to hold money, pay and get paid: balances and IBANs, instant P2P transfers, cards with Apple Pay and Google Pay, currency exchange and top-ups. Closed, semi-closed or open-loop - one platform runs all three, live in weeks.
- Balances and IBANs
- Instant P2P transfers
- Currency exchange
- Apple Pay and Google Pay
- Top-ups and payouts
Closed, semi-closed or open-loop? Start with the right one
The loop model decides your licensing, your acceptance reach and your economics. Picking wrong in year one is expensive. Here is the quick version - and Crassula runs all three, so you can graduate from one to the next without rebuilding.
Closed-loop
Spend within your brand
Stored value usable inside your ecosystem: gift balances, in-app credit, loyalty. Lightest to launch, often outside heavy licensing.
Semi-closed
A network of merchants + P2P
Spend across accepting merchants and send money peer to peer. The model behind most consumer wallets. Usually needs an EMI or an agent arrangement.
Open-loop
Spend anywhere cards work
Full acceptance through card rails and bank transfers, with your own IBANs and cards. The route to competing with the big wallets.
Everything customers expect in a wallet
Balance and IBANs
Multi-currency balances with dedicated or virtual IBANs for top-up and withdrawal.
Instant P2P
Send and request money by phone number or username, split bills and share payment links - the features that make a wallet spread.
Cards in the wallet
Virtual cards on signup and physical cards on request, provisioned into Apple Pay and Google Pay.
QR and top-ups
QR payments in store, plus top-ups and withdrawals by card and bank transfer.
Push and engagement
Real-time push notifications keep customers in the app, which is where wallet retention is won or lost.
KYC and controls
Onboarding, KYC and transaction monitoring you operate, with a Back-Office Dashboard to run the program.
P2P is your growth engine
Every time a customer sends money to someone who does not have your wallet yet, that is an invitation to join. Instant P2P by phone number, requests and split bills turn your users into your acquisition channel - and push notifications bring them back.
Wallets that pay off
Retail and loyalty
A closed or semi-closed wallet with stored value and rewards keeps spend inside your brand and lifts repeat purchase.
Marketplaces
Hold buyer balances, pay out to sellers and move money inside the platform without slow bank transfers.
Gig and payouts
Pay workers into an instant wallet with a card, so earnings are spendable the moment a job clears.
Super apps and communities
Add money movement to an app people already open daily, and let payments deepen the habit.
3 models
closed, semi-closed, open-loop
Weeks
to a live branded wallet
150+
companies run on Crassula
15+
languages out of the box
Case Studies
Paysend & Crassula - a banking solution for international companies
Read case study
LuxPay is at the forefront of providing advanced financial services, designed to meet the needs of modern businesses and consumers alike.
Read case study
Wickie offers secure and scalable fiat and cryptocurrency payment solutions, providing users with digital wallets and seamless financial services across multiple platforms.
Read case study
Wallets, explained
FAQ
Closed-loop wallets spend only within your own brand. Semi-closed wallets spend across a network of accepting merchants and support P2P. Open-loop wallets spend anywhere card networks are accepted. Each model has different licensing and acceptance - Crassula runs all three, so you can start light and graduate.
It depends on the model. A closed-loop wallet often sits outside heavy licensing; semi-closed and open-loop wallets that hold spendable funds usually need an EMI licence or an agent arrangement. You can launch on a partner and bring your own licence later - Crassula supports both.
Yes. Instant P2P transfers by phone number or username, payment requests and split bills, plus QR payments, top-ups and withdrawals are all built in, along with virtual and physical cards.
A wallet is a lighter product focused on holding value, paying and P2P - often ideal for retail, marketplaces and loyalty. A digital bank is the fuller stack with accounts, lending and broader banking. Crassula powers both; many brands start with a wallet and expand. Digital banking solution.
A branded wallet on ready-to-market apps launches in weeks. The main variable is your licensing or partner setup, not the Crassula build.
