Sweden’s SEQR has forged a deal with MD-based FMS Solutions to offer retail grocery and independent supermarket clients a means for their customers to pay by smartphone.
This collaboration between FMS, a financial, accounting and decision support business, and SEQR, an International leader in the Mobile Wallet industry, will offer the best-in-class Independent Grocer clients of FMS an enhanced customer experience in the fast-changing retail industry.
For the clients of participating FMS Retailers, the partnership means a reduction in the traditional Merchant Service Charge and an increased potential for sales growth through SEQR Loyalty Programs and Coupons. The customers of participating FMS Retailers will experience an enhanced customer experience through convenience, customized offers and industry-leading security for all transactions.
FMS Solutions provides approximately 2,500 Independent Retailers with financial, accounting, and consulting services such as benchmarking, best practices, and mission-critical decision reports throughout North America. FMS is proudly the National Grocers Association’s preferred provider of industry benchmarking, best practices, and mission-critical decision support.
SEQR is Sweden’s and Europe’s most used mobile wallet. SEQR enables anybody with a smartphone to pay in stores, at restaurants, car parks and online, 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. SEQR’s payment solution enables merchants significantly reduce fees paid compared with those charged by traditional card companies.
SEQR’s unique transaction platform has been developed by Seamless. Founded in 2001 and active in 30 countries, Seamless annually handles more than 3.1 billion transactions through 525,000 active sales outlets.
For more data on SEQR access CardData®. For information and commentary on SEQR visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on SEQR are available exclusively through CardWeb.com.