We now launch our ewallet solution on the Danish market involving important partners such as e-takeaways, Danish festivals and many more interesting projects.

NemPay – the easy way to pay

NemPay is our Danish solution online ewallet in its start-up phase, enabling the end-user to manage money with ease and transparency. Our NemPay project will allow users to load money into their account, pay bills and shop online.

It’s easy to sign up for a NemPay account online. The account free and usage is top-secured. Starting from the moment you sign up you can pay online with ease and flexibility.

Simple administration

Our mission is to make it as simple as possible for the end-users as a consumer to pay online. You can pay bills, transfer money and check your balance and transactions 24 hours a day. NemPay helps you keep track of what you spend your money on.

Mobile access

The majority of us need access to our money right there in the store, and not in the evening in front of the computer. This is the reason we’ve created a state-of-the-art NemPay application for all smartphones. With our NemPay app YOU chose when and how to bank.

Why NemPay?

NemPay is your alternative to sms- and credit card payment. Our mission is to make it as simple as possible for you to pay online. You will be familiar and confident with our interface in less than minutes- and from here it’s nothing but a great experience to deal with your money.

Go to check it out at www.nempay.dk

1. Manage your accounts and check your statements

Open a banking account and manage it well. Track your spending and make sure you don’t get overdrawn. This demonstrates financial responsibility. Remember to view your statements just to make sure it’s accurate.

2. Pay bills on time

When paying your bills on time and staying ahead you’ll do yourself a favor. Put your payments on automatic payment and this way, you’ll never forget to pay your bills.

3. Don’t buy stuff you don’t need

This is probably the most important tip there is. If you want to build your credit, make sure not to do anything that will ruin it.

The best way to make sure that never happens is to keep your spending under control. Remain stingy about your spending and think twice before you spend money – especially if you don’t have it to spend.

What other tips can you think of?  If you’ve had poor credit in the past, what did you do to rebuild it?

It wasn’t free of course, but it appeared that way.

The idea being that if you stayed in credit, they wouldn’t’ charge you anything.

It was a huge success. So much so that Midland acquired many customers from Barclays, NatWest and Lloyds.

After a few months, the other banks decided they had to do something and followed Midland’s lead‚ just as Midland realized that it was a stupid idea and decided to cancel the whole thing due to the massive losses they were incurring from “free banking”. However, the market had already moved to the model and none of the banks could now retract the offer without both losing market share and the reputational damage that goes with that. Hence, the UK has forever since had so called free banking, where a bank account doesn’t cost anything.

We all know that this isn’t the truth! There is no free lunch! It is an illusion. Even the regulators want to get rid of the “free banking” thing. Why?

Because free banking is a tax on the poor that subsidizes the rich!

In reality “Free banking” is that all other aspects of a deposit account became expensive: loans, credit- and debit cards, bank-transfers, ATM withdrawals, and particularly the unexpected or un-authorized overdraft.

Banking for, or on the poor?

There are many stories of clients ; in particularly the underemployed – becoming overdrawn by £1 and finding charges being levied, sometimes upwards of £100, as a result.

Bear in mind that those who go overdrawn unexpectedly are often those who have the hardest time with money, and you can see why such charges became punitive on the poor.

So it’s a complete myth that banking is free. Customers pay more than £9 billion a year in fees and lost interest on their accounts, and an average credit- or debit card account cost the UK bank clients more than £150 per year. Hidden in all kind of charges and penalties.

So why don’t anybody do anything to change this?

Several reasons, but the main one is that any bank that says it will charge all their customers for deposit accounts feel they are likely to lose significant numbers of customers, market share and get a large amount of negative publicity.

And the idea that if banks charged more for standard banking, they would stop trying to mis-sell other financial products, is completely unfounded and not likely to happen. The banks will just levy the new standard-banking fee and still pay low interest on customers in credit whilst penalizing those in debt.

So how can we ensure, that the efforts from Bank of England, who is trying to eliminate the “Free Banking” illusion and introduce a more fair banking approach, forcing the UK banks to charge every customer for their current account doesn’t just end up in a situation, where the banks just gets a new fee and still overcharge the poor for unauthorized overdrafts, personal loans and credit cards?

Fair banking

You simply introduce a new banking solution targeting the poor or underserved only. A fair banking solution, with a transparent fee-structure, containing no surcharges, no penalty fees or any kind of hidden fees handling this group.

This will leave the rich in the traditional banks, which will be forced to charge for the services provided to that group. They will no longer have a group subsidizing the rich.

Clearly the losers will be the rich and the winners the poor.

Such a banking solution needs to come from the “outside”, as it will not from the heavily employed and old-fashion branch-based traditional high street banks. BigeWallet is exactly this “brush of fresh air” that can rock the boat and create a transparrent fair banking solution for the poor and underserved.

How it started

The term eWallet grew from digital wallet. The digital wallet functioned much like a physical wallet. The digital wallet was first conceived as a method of storing various forms of electronic money (e-cash), then the digital wallet evolved into a service that provides internet users with a convenient way to store money and shop online.

Your bank account as your eWallet

You can transfer money from your personal bank account to your eWallet, or you can even have an eWallet as your only account. BigeFinancials offer an eWallet, BigeWallet, usable as a payroll account. With BigeWallet you get a budget and a spending account, standing orders and MasterCard prepaid card to shop in stores all over the world as well as online. BigeWallet offers a full account setup Рwithout any credit history needed.

Advantages of BigeWallet?

With our BigeWallet we offer you a complete setup;

• a safe and user-friendly eWallet – have you wages paid into you eWallet account
• a MasterCard prepaid card – enables you to pay in shops all over the world
• a mobile app that enables you to transfer money in and out of your account – just by using you phone

It’s safer, it’s faster and it’s everywhere. Use BigeWallet to shop at thousands of websites, knowing that your financial details are never shared.

Safe

BigeWallet hides your financial details so you don’t have to share them online.

Fast

BigeWallet lets you pay in a few easy clicks. No hassle of typing your card details into different sites. All you need is your email address for quick, easy transfer.

Everywhere

BigeWallet allows you to transfer money in and out of your account at any time – as long as you have internet connection.

To BigeFinancials a seamless and secure eWallet service is critically need on the market at the moment, which is why we have launched our BigeWallet mobile app  that includes a great scale of benefits to more UK consumers than any other product or service currently available.

 Your phone as your wallet

BigeWallet mobile app is the new way to send and receive money with your smartphone. BigeWallet enables consumers to  load money into their wallet account. Quickly and easy!

The BigeWallet mobile app is a fantastic tool for banking on the go. Whether it bank transfers, bill payment or the need of requesting money from friends and family, our mobile app is ideal with a convenient and user-friendly interface.

With our application for all smartphones, our customers choose when to bank.

Same features as website

The mobile app has all the basic features as those on the BigeWallet website. Check your balance, request payments or transfer money in and out of your account. Many of our users prefers to bank solely on the mobile site -  because of the ease and flexibility.

Who can get a BigeWallet mobile app?

Everyone can get a BigeWallet mobile app. All you need to do is search in App store or find it at bigewallet.com.

Trying our mobile app you never want to go back to old-school banking whenever transferring money in-and out or paying bills.

it is fast, easy and convenient.

Security

We recognise that security is absolutely key.

The security on smartphones is similar to the security of the BigeWallet  website. We don’t save any of your personal information – you have to login each time, and you are automatically logged out when leaving the mobile site.

The BigeWallet mobile app has been tested internally for months and has undergone extensive ‘stress-testing’ with security experts

In additional to username and password, all personal details and financial data are held on remote central servers rather than on the mobile device itself. To us,  this is the safest and most secure way to deliver mobile payment services.

See it yourself!

Want to see a demo of how the BigeWallet mobile site works?

Send this link to your mobile and see for yourself how great it works on your mobile – get a feeling of the cool features and grasp the ease and flexibility.

Need to have vs. nice to have

Basically there is nothing wrong with getting into debt if it is to get you material goods that you can’t live without: a house, an education or a car if needed. However, if you have debt due to consumption, vacation trips, new furniture, etc., you may have a serious debt problem.

Signs that indicate you might have a debt problem

It can be difficult to realize that you’ve reached a critical point regarding your economy. We’ve listed some warning signs that can help you to discover whether or not you might have an issue with debt.

10 warning signs indicating if you have too much debt:

1. You don’t have any savings
2. You only pay interest on your loans / credits – or perhaps the absolute lowest payment
3. You overdraw every month
4. Your overdraft is very close to the agreed, or even above
5. You often pay your bills too late
6. You do not really know how much debt you have
7. You use money from your overdraft to pay your bills
8. You’ve overdrawn all your accounts at the bank
9. You get declines when applying for loans / credits
10. You don’t tell the truth about your economic situation to your friends and family

Say goodbye to your debt

If you recognize some, or even all of the above stated warning lights, you might need some help to get you out of the situation. You can even start today.

BigeWallet is here to help you get control of your money.

Please visit our site www.bigewallet.com