In 2018, our Digital Wallet solution was selected by the Uruguayan companies ANTEL and BROU, to develop an open digital wallet branded as “tuapp”.
Tuapp is the first application in Uruguay with interoperability between mobile network operators. Thus, any user can install it regardless of the mobile phone operator he/she has.
The underlying technology allows linking each user’s account to the main means of payments of the country. Tuapp is based on an open-loop model for all Uruguayan people, so having a bank account is not mandatory.
Send and receive money quickly and easily.
Pay in stores with QR code under the EMV standard.
Play official games and bets.
Shop online at the automated Antel Go store.
Pay your bills like water, electricity, common expenses, cable TV, sport clubs and health insurance.
Pay taxi trips.
Schedule appointments to issue/renew your ID card.
Pay parking directly.
Top up your phone, for every mobile operator in the country.
Since the beginning of the COVID-19 pandemic, tuapp has played an important role as the chosen digital tool for the delivery of subsidies to cover basic needs, in association with the Uruguayan Ministry of Social Development (MIDES, https://www.tuapp.com.uy/mides/).
More than 1 million subsidies have been credited to the beneficiaries’ digital wallets and redeemed at over 2,400 authorized stores nationwide.
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With the successful implementation of this project, Inswitch added a new success case to its long history of milestones in the mobile financial services universe. Tuapp meant the remarkable development, together with the government-owned ANTEL and BROU, of an open ecosystem that guarantees interoperability of network operators and financial inclusion.
Tuapp has over 700,000 regularly active users.
Tuapp can be used by any user, with or without a bank account, thus promoting financial inclusion.
Hundreds of thousands of people have already accessed over 1.3M special COVID-19 digital subsidies thanks to tuapp, and easily use them in stores to cover basic needs.
Tuapp can be used to make payments in over 3,000 stores nationwide.
Tuapp can be used by any user of any mobile network operator in the country.
With the increasing adoption of embedded finance, more and more companies in the world look to increase their capabilities in new markets for their financial transactions.
The alliance has the objective of promoting and expanding the offer of payment methods for businesses that use VTEX.