Stockholm, 2013-11-26 10:50 CET (GLOBE NEWSWIRE) -- The Swedish mobile payment solution SEQR, developed by Seamless (OMX: SEAM) has been awarded the “Best Mobile Money Deployment in Europe” at the Mobile Money and Digital Payments 2013 summit in Dubai. The nomination is another proof of SEQR’s unique value proposition to both merchants and consumers as a versatile and generic method of payment independent from existing payment structures.
- Seamless won the category Best Mobile Money Deployment in Europe for their SEQR project - the only fully-integrated mobile phone payment solution handling the entire transaction chain, said Steve Clarke, Managing Director, Mobile Money & Digital Payments Summit.
Mobile Money Global Awards acknowledges organizations that build, develop and distribute successful mobile payment solutions across the world. Held in Dubai, the 2013 edition of the Mobile Money & Digital Payments Global saw eminent speakers from across the world discussing the rapid growth of mobile money and the importance of partnership and collaboration to building a successful mobile money ecosystem.
- We are very proud about being awarded a Mobile Money Global Award. The fact that an important international industry forum recognizes SEQR’s unique offer for consumers and merchants, shows the importance of a mobile payment solution being independent of mobile carriers, and meanwhile not being unique for one bank or for one merchant. Seamless is a win-win-win proposition, regardless of where in the world we operate, says Peter Fredell, CEO of Seamless that provides SEQR.
SEQR’s European Deployment SEQR has in little over a year become a success in Sweden following the quick rollout in all of Axfood’s (national food retail chain) 380 supermarkets (2 500 POS) in less than two weeks. Today, the company has signed with more than 3 500 merchants in Sweden and is in the middle of a rapid international expansion. In October, SEQR was launched in Romania together with Garanti Bank and more than 450 stores are currently signed to roll out. Most recently the company announced the collaboration with bpost bank and McDonald’s to launch SEQR in Belgium in the spring of 2014. In addition, Finland’s largest fast food chain Hesburger just signed an agreement with Seamless and will introduce SEQR in selected restaurants.
SEQR has previously been awarded with “Best in test” by the Swedish magazine “All about Android” (#1, 2013) and nominated for a “Gold mobile” in the category “Mobile Payment of the Year”. For more information: Cecilia Lago Albright, Seamless/SEQR cecilia.albright@seamless.se / +46 (0)70-43 13 45 Charlotte Walkling, Marketing Manager, Clarion Events charlotte.walkling@clarionevents.com / + 44 (0) 20 7384 7919
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, 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. SEQR is available at Sweden’s largest grocery chains, fast food chains and national retailer chains including McDonald’s, Hemköp and Ur&Penn.. Seamless is traded on Nasdaq OMX Stockholm, under the SEAM ticker. www.seqr.com
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 on November 26th, 2013 at 10.50 am (CET).
