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. Open-loop from day one, live in weeks.
- Balances and IBANs
- Instant P2P transfers
- Currency exchange
- Apple Pay and Google Pay
- Top-ups and payouts
Case Studies
Paysend & Crassula - a banking solution for international companies
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LuxPay is at the forefront of providing advanced financial services, designed to meet the needs of modern businesses and consumers alike.
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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
Closed, semi-closed or open-loop? Crassula builds open-loop
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 where Crassula fits.
Closed-loop
Spend within your brand
Stored value that only works inside your own ecosystem: gift balances, in-app credit, loyalty points. Lightest to launch, and not a model Crassula builds.
Semi-closed
A merchant network plus P2P
Spend across accepting merchants and send money peer to peer. Crassula covers the P2P half; the merchant acceptance network is not part of the platform.
Open-loop
Spend anywhere cards work
Full acceptance through card rails and bank transfers, with your own IBANs and cards. This is the model Crassula builds, end to end.
Everything customers expect in a wallet
Balances and IBANs
Multi-currency balances with dedicated or virtual IBANs for top-up and withdrawal.
Instant P2P
Send money by phone number, email, account number, IBAN or public ID, with contact matching that shows who already has the wallet.
Cards in the wallet
Virtual cards on signup and physical cards on request, provisioned into Apple Pay and Google Pay.
Exchange and top-ups
Currency exchange inside the wallet, plus top-ups and withdrawals by card and bank transfer.
Push notifications
Real-time push for transfers, cards, cashback, interest and referral rewards, so customers always know where their money stands.
KYC and controls
Onboarding, KYC and transaction monitoring you operate, with a Back-Office Dashboard to run the program.
See it in the wallet
One balance, many currencies
Customers hold several currencies in the same wallet, each with its own dedicated or virtual IBAN so top-ups and incoming payments land on the right balance automatically.
Dedicated and virtual IBANs for top-up and withdrawal- Reserved and available amounts on every balance
- Instant transfers between wallets on your platform
P2P is your growth engine
Customers send money by phone number, email, account number, IBAN or public ID, and contact matching shows them which of their contacts already have your wallet. A referral programme with bonuses turns those users into your acquisition channel, and push on every transaction brings them back to the app.
A card in the wallet, in Apple Pay and Google Pay
Give customers a virtual card the moment they sign up and a physical card on request, provisioned into Apple Pay and Google Pay. They can freeze the card, see details or set limits straight from the app.
Exchange, top up and get paid
Swap between currencies inside the wallet at a clear rate, top up by card or bank transfer, and cash out to an IBAN, with the rate and the fee shown before the customer confirms.
Wallets that pay off
Consumer wallets
Contact matching, instant P2P and a referral programme with bonuses turn your own customers into the acquisition channel.
Referral-led growth
Cross-border everyday money
Customers hold several currencies, exchange inside the wallet and spend abroad with a card, without opening an account in each country.
Multi-currency by default
Gig and payouts
Pay workers into an instant wallet with a card, so earnings are spendable the moment a job clears.
Earnings spendable at once
Super apps and communities
Add money movement to an app people already open daily, and let payments deepen the habit.
Payments inside the daily app
5
ways to send P2P: phone, email, account, IBAN, public ID
Weeks
to a live branded wallet
150+
companies run on Crassula
15+
languages out of the box
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 builds open-loop wallets, together with the P2P layer that semi-closed products rely on.
An open-loop wallet holds spendable funds, so it needs an EMI licence or an agent arrangement. You can launch on a partner's licence and bring your own later - Crassula supports both.
Customers send money instantly by phone number, email, account number, IBAN or public ID, and contact matching shows which of their contacts already use the wallet. Top-ups, withdrawals, currency exchange and virtual and physical cards are built in as well.
A wallet is a lighter product focused on holding value, paying and P2P. 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.
