SEQR introduces mobile payments in Romania
“We are delighted that Garanti Bank can roll out SEQR in the Romanian market in such a short time. Romania has a fast-growing banking sector. It does not have the sluggishness of older banking structures, which is a huge advantage. Garanti Bank can therefore introduce modern payment solutions such as SEQR without needing to take other solutions into consideration,” says Peter Fredell, CEO of Seamless.
Under the agreement, Seamless will receive a fee for every mobile payment transaction made by Garanti Bank customers. The use of the SEQR service is free of charge for consumers, the only costs charged to the consumer being for the goods purchased.
Paying by SEQR is simplicity itself. The customers imply scan a QR/NFC code using their SEQR apps at the checkout and then approve the payment with their PIN codes. Customers can also collect all their receipts in their mobile phones.