SEQR, the mobile payment solution, expands and signs agreement with EuroGsm
EuroGsm, the largest partner of Orange Romania, has signed an agreement with Seamless Romania to implement SEQR, the innovative solution enabling payments with smartphones. Following the integration process, EuroGsm clients will be able to use SEQR to purchase products in the company's stores and on www.eurogsm.ro.
"Mobile phones is the core business of EuroGsm. Thus, the decision to implement a payment solution using these devices was natural. EuroGsm clients are open to innovation in technology and this partnership meets our wish to offer diverse services. We have the confidence that this method will be well received", has stated Zoltan Halmai, Commercial Director of EuroGsm.
The agreement signed with EuroGsm adds up 90 more stores to the national network of the merchants that accept payments with SEQR. Locations where SEQR is available are displayed on www.seqr.com
"EuroGsm is one of the largest partners of Orange Romania and we are extremely pleased that they have chosen SEQR as their mobile payment solution which validates our attractive offer, says Seamless CEO Peter Fredell.
For more information:
Peter Fredell, CEO Seamless, +46 8 564 878 00, peter.fredell@seamless.se
Cecilia Lago Albright, Media Contact + 46 707 431345, Cecilia.albright@seamless.se
This information is such information that Seamless Distribution AB (publ) is required to disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instrument Trading Act. The information was released for publication June 5, 2014 at 10.00 am (CET).
ABOUT SEQR, by Seamless
SEQR (se•cure) is Sweden's and Europe's most used mobile wallet in stores and online. SEQR enables anybody with a smartphone to pay in stores, at restaurants, parking lots and online, transfer money at no charge, connect loyalty programs, store receipts digitally and receive offers and promotions directly through one mobile app. Through the SEQR app, the user simply scans or taps a QR-code/NFC at check-out and approves the purchase by entering a PIN code. Fast, smooth and safe, SEQR's payment solution enables merchants to lower interchange fees significantly compared to those charged by traditional card companies. SEQR's unique transaction platform has been developed by Seamless, one of the world's largest suppliers of payment systems for mobile phones.
Founded in 2001 and active in 30 countries, Seamless handles more than 3, 1 billion transactions annually through 525 000 active sales outlets. 4 600 merchants have chosen SEQR including Sweden's largest grocery chains, fast food chains and national retailer chains including McDonald's, Hemköp and Ur&Penn. SEQR was launched in Romania in 2013 and in Finland in 2014. In 2013, SEQR won the Mobile Money Global Award for Best Mobile Money Deployment in Europe. Seamless is traded on Nasdaq OMX Stockholm, under the SEAM ticker. www.seqr.com