Telekom Slovenije launches mobile wallet that supports NFC, QR, P2P, bill splitting and transit ticketing payments

Telekom Slovenije is creating a comprehensive ecosystem that will make our lives easier with simpler shopping, ordering, payments, smart city and e-commerce services. The first step in this direction is the VALÚ smart wallet, which solidifies and advances Telekom Slovenije’s position in the financial services market. VALÚ smart wallet is not just about payments with a mobile phone, a growing trend in Slovenia, but a whole new generation of financial solutions that support fast and comfortable use of interwoven local services and efficient management of money.

​VALÚ smart wallet is available in Slovenia as a mobile app from 13 June, and combines in one place mobile payment services, transfer of funds between users, splitting the bill, as well as identification and use of local infrastructure services, such as purchasing Slovenian Railways train tickets or connecting with the app and paying the difference when using student restaurant vouchers. Users can add e-money to their VALÚ account in a quick and simple way by using VALÚ Moneta (the new name of the old Moneta service), with a credit or debit card or by a bank transfer from their bank account.

VALÚ will be Telekom Slovenije’s independent brand for the service of providing immediate payments or transfer of funds between two physical VALÚ account users (Person to Person – P2P), payment over a merchant’s POS or mobile terminal (Person to Merchant – P2M) and for online shopping payments (Person to eMerchant – P2eM). Users can also withdraw funds from their VALÚ accounts at Telekom Sales Centres or transfer them to their bank accounts, use VALÚ to split a bill, or connect their VALÚ smart wallet with other apps, such as loyalty cards from various retailers.