What is Novatti?

Novatti provides a mobile banking solution that enables traditional banks to offer innovative, cardless banking services and on-the-go bill payment capabilities to their customers. Through a dedicated mobile application that customers install on their smartphones, Novatti's technology allows users to perform transactions without a physical card—for example, using QR codes or secure tokens for ATM withdrawals or point-of-sale payments. The bill payment feature facilitates quick and easy settlement of utilities and other invoices directly from the app. This solution helps banks modernize their offerings, improve customer convenience, and promote the use of digital channels over cash and physical cards.

Who it's for:

Novatti's solution is for retail banks and financial institutions looking to rapidly deploy modern, cardless transaction features and mobile bill pay to their existing customer base. It allows these institutions to compete with neobanks and fintech apps by enhancing their own mobile banking apps with cutting-edge functionality.

Our verdict:

Our verdict: Novatti offers a pragmatic path for traditional banks to innovate in the mobile payments space. By enabling cardless banking and streamlined bill pay, it provides tangible value that can increase app engagement and customer satisfaction, helping incumbent banks stay relevant in a fast-evolving digital payments landscape.