Until now, SEQR customers have been able to use their phones to make payments in stores where SEQR have an integration to the merchants’ cash register. SEQR customers will be able to shop with SEQR in any store that has NFC enabled card terminals, whether or not a merchant has a direct agreement with SEQR.
Although Greece is in the debt dumpster and China’s UnionPay (CUP) is afraid of Visa’s and MasterCard’s entry into China next year, CUP has accelerated cooperation with multiple mainstream institutions and acceptance coverage of UnionPay cards reached 60% and 40% for ATMs and merchants respectively, basically encompassing places frequently visited by tourists.
Transactions via UnionPay cards in European markets has witnessed an increase of over 50%, countries like Italy, German and France are favored by Chinese tourists.
Seamless’ mobile payment service SEQR, which this spring has become established as one of Europe’s leading mobile payment solutions, is continuing its rapid roll-out into new markets. Having been introduced in a number of European countries in the spring, a couple of weeks ago the service was launched in the US and now it’s the UK’s turn.
SEQR released its new feature MyShop, making it possible for every user to sell goods via their mobile, whether it is a garage sale or opening their own mobile e-shop. The goods can conveniently be marketed in social media channels of choice, classified sites, or printed and posted.
Verifone reported net revenues for the quarter ended April 30th were $490 million, compared to $466 million a year ago, a 5% increase. the Company says more certified solutions and offerings is beginning to yield benefits.
Global discretionary spending intentions declined or remained steady in the first quarter across all lifestyle categories. While confidence across global regions remained relatively stable in the first quarter, there is considerable variation across different markets.
Portugal’s largest credit card issuer and acquirer Unicre and the only local bank card transaction processing institution SIBS have joined hands with China UnionPay to bring card merchant acceptance coverage to 80%.
All Colruyt Group stores in Belgium have begun accepting the mobile payment service SEQR. This includes close to 500 stores at Colruyt, Okay, Bio-Planet, Cru, Dreamland and Dream Baby and affiliated independent Spar stores.
Stockholm-based Seamless announced users of the mobile payment solution SEQR will get a cashback reward of up to three percent on all purchases. Seamless says there are no fees or strings attached and it can also be connected straight to a bank account.
The SEQR mobile wallet has developed plugins facilitating the implementation of online mobile payments on Mageto, OpenCart, PrestaShop and WooCommerce.
Misys signed an agreement with tcmpartners making it a member of Misys InFusion Partner Program. It’s partnership will cover Mexico, Colombia, Chile and Peru, as well as in European markets, that include Spain, Portugal, and Andorra. tcmpartners specialises in assisting financial institutions address complex financial systems needs involving regulatory requirements, system selection, customisations and implementation. Its extensive understanding of the Latin American region enables the company to provide local and tailored market knowledge. tcmpartners will implement Misys solutions for Capital Markets, Risk Management and Investment Management rapidly and effectively.