YES-wallet Launches Pouch Mobile Money Service

Social commerce services company YES-wallet has launched Pouch, a free mobile and web wallet service. 

Pouch is currently a mobile application that securely stores Visa and MasterCard card details for quick mobile payments. The app can also integrate with retail couponing, loyalty and location-based mobile advertising and marketing services. The company says the platform will support NFC in the future.

“Merchants perform millions of card transactions per week, and now their card paying customers can create free personal wallets to get instant benefits such as card payment eReceipts, eCoupons, and location-based services,” says Dr Chandra Patni, director of “Pouch supports storage of personal credit, debit and pre-paid (SVA) cards in the My wallet function, which can be used to make payments at web, mobile, and physical stores.”

The app is available for free on iOS, BlackBerry, and Android platforms. 

YES-wallet also provides a Facebook social commerce platform. Called YESfstore, the platform allows small businesses to sell goods and services via their Facebook profile.