TIO Networks

Seamless and Axfood have completed their rollout of the largest mobile payment deployment in Sweden and it took in only 13 days. This was no small feat either. The deployment of Seamless SEQR  mobile payment system, announced in October, involved activating 2,400 checkouts at 380 Axfood chain stores throughout Sweden.

Peter Fredell, president and CEO of Seamless, contended that the fast rollout shows the ease of integrating the company's mobile payment solution. "The extremely short times for installation, and the simplicity, show the strength of our solution," he said.

Now with SEQR installed at the pont of sale, Axfood customers can pay for their purchases using their mobile devices to scan a QR code sticker affixed to the point-of-sale device. The sticker identifies the POS terminal and the purchase and sends the purchase amount to the SEQR app on the user's phone. The user then enters a PIN to approve the purchase amount, which is debited from a bank account connected to the payment app. (The video below from SEQR shows how the system works.)

According to Seamless, the system is both faster for consumers and cheaper for merchants, as it bypasses the card networks.

SEQR will go live this week at participating Axfood locations. Stores will display signs to promote the payment method.

For more stories like this, visit the retail research center.

Related Content

User Comments – Give us your opinion!
Products & Services

Total-Mobile Swipe

http://global.networldalliance.com/new/images/products/6203.png

6203/Total-Mobile-Swipe

Infobip Push Notifications

http://global.networldalliance.com/new/images/products/6127.png

6127/Infobip-Push-Notifications

IPAD® PIN Transaction Device

http://global.networldalliance.com/new/images/products/4297.png

4297/IPAD-PIN-Transaction-Device

Infobip Mobile Payments - Centili

http://global.networldalliance.com/new/images/products/6115.png

6115/Infobip-Mobile-Payments-Centili

JunglePay - Mobile Payment and Online Billing Solution

http://global.networldalliance.com/new/images/products/4534.png

4534/JunglePay-Mobile-Payment-and-Online-Billing-Solution

Direct Operator Billing

http://global.networldalliance.com/new/images/products/6031.png

6031/Direct-Operator-Billing

How it works

http://global.networldalliance.com/new/images/products/5831.png

5831/How-it-works

iDynamo Secure Card Reader Authenticator

http://global.networldalliance.com/new/images/products/4295.png

4295/iDynamo-Secure-Card-Reader-Authenticator

In-App Billing

http://global.networldalliance.com/new/images/products/4533.png

4533/In-App-Billing

Multichannel Banking Platform - WinWebServer ( WWS)

http://global.networldalliance.com/new/images/products/6211.png

6211/Multichannel-Banking-Platform-WinWebServer-WWS

Monitise
ATM & Mobile Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.