EVO wallet logo

EVO wallet

by EVO Digital Solutions Co.
No reviews yet
Active1+ countriesCloud
Quick facts
VendorEVO Digital Solutions Co.
Year launched
StatusActive
LocationTripoli Road, opposite Benghazi University, Libya
Countries served1+
Languages2
Integrations
Free tier
Free trial
Contact salesYES

About EVO wallet

EVO Wallet is a digital payment software from EVO Digital Solutions Co. that facilitates secure transactions. It provides features such as multi-currency support, transaction tracking, and integration with various payment gateways so users can manage their finances effectively. The wallet supports both personal and business transactions, making it versatile for different user needs. With features that allow for quick transfers and detailed transaction histories, users can maintain clearer financial records. Key capabilities: multi-currency transactions transaction tracking payment gateway integration user-friendly interface security protocols Best for: individuals and businesses that need a reliable solution for digital payments and financial management.

EVO Wallet (evo-ly.com) is a leading fintech solution in Libya, bridging the gap between traditional banking and modern digital needs. By offering a "super app" experience that handles everything from utility bills to E-vouchers, it provides significant value in a region transitioning toward a cashless economy. While its geographic focus is currently narrow, its robust security and integration with core banking systems like Finastra make it a powerful tool for financial inclusion and business digitalization.

Pros & Cons

What users like
  • +Implements robust cybersecurity consultancy and encrypted data.
  • +Wallet-to-wallet transfers is very fast
  • +Eliminates the need for physical cash in a cash-heavy economy.
  • +Provides digital tools to underserved communities in Libya.
What users flag
  • Users unfamiliar with digital banking may require initial guidance.
  • Effectiveness depends on the number of physical stores accepting the QR code
  • Requires a stable internet connection
  • Currently restricted mainly to the Libyan market.

Features

Key features

Secure QR Payments
Allows users to pay at participating merchants instantly by scanning a code.
E-Voucher Sales
Purchase digital codes for services like gaming, Netflix, and telecommunications.
Internal Transfers
Send money instantly to other EVO Wallet users within the same network.
Easy Onboarding
A streamlined digital KYC (Know Your Customer) process to set up an account via the app.

Additional features

Bill Payments
Settle electricity, water, and other utility bills from the mobile interface.
Interbank Transfers
Functionality to move funds between different banking institutions.
SMS Gateway
Integrated notifications for transaction alerts and security codes.
Core Banking Integration
Tools for financial institutions to link their systems with the EVO ecosystem.
KYC Management
Automated identity verification to ensure legal compliance.
Transaction Tracking
Real-time history and analytics of spending habits.
Voucher Management
Tools for businesses to sell and manage digital gift cards.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
2
Interface languages
1
Billing currencies

Available in

Libya

Interface languages

EnglishArabic

Billing currencies

LYD

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