Seamless has signed an agreement with Raiffeisen Bank via its SEQR subsidiary. The agreement marks an initial step by the bank in offering its customers in Romania the possibility of connecting the SEQR Seamless mobile payment solution to their bank accounts.
“The agreement with Raiffeisen Bank further strengthens our position in Europe. We are seeing a strong increase in demand among European consumers regarding mobile payments. By offering its customers the possibility to use SEQR, Raiffeisen Bank and other European banks can meet this need in a manner that is profitable and fast, without the need to build expensive proprietary solutions that take a long time to develop,” says Peter Fredell, CEO of Seamless.
„SEQR has grown substantially since its launch in Romania in 2013, when an agreement was signed with Garanti Bank. Already now, it is possible to pay using SEQR in 2,000 places – in person and online. With the new NFC technology – so-called contactless – the number of payment points that accept SEQR will soon increase significantly.”, according to the press release.
SEQR will be an important part of our customer offering. The demand for paying by mobile is large and growing,” says Florin Boldescu, Department Manager, Value Proposition Directorate at Raiffeisen Bank.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
