ICP Group, a European point-of-sale payment service provider, has signed an agreement with payworks to provide mPOS services to its clients.

ICP operates more than 120,000 POS terminals in seven European countries, serving merchants such as Aldi Nord, Burger King and BVG-Berliner Verkehrsbetriebe.

Under the agreement, payworks will support ICP in launching its own payment acceptance solution, enabling small- and medium-sized enterprises to take card payments with smartphones.

Merchants will use a mobile application together with a chip-and-PIN device to accept card payments, ICP Group said. They will be able to view transaction histories on their mobile device as well as on a separate, Web-based merchant dashboard.

In addition to the mPOS solution for SMEs, ICP will use payworks' mobile POS SDKs and APIs to enable its existing customer base of retailers and merchant service providers to integrate both card-present and card-not-present functionality into their customized applications. Payworks' technology enables users to quickly add payment functionality to their merchant and shopper app, according to a press release.

"Mobile technology will positively impact the payment market in the years to come," Mike Weller, ICP's head of sales, said in a statement. "Already today we're seeing a variety of solutions where the traditional point of sale and online channels are converging."

Christian Deger, CEO of payworks, said ICP will serve as an additional acquiring option for merchant service providers that use the payworks platform as a technical backbone.

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