SQS, a London-based mobile payments software company, has completed its acquisition of Thinksoft Global Services, an independent business assurance and testing specialist focusing on the financial sector. Companies engaged in mobile payment projects can now take advantage of SQS' new m-payment consultancy and QA services to reduce risks, improve product quality and accelerate speed to market, according to a press release. 

SQS said in a statement the acquisition enhances the company’s position in the market as it can now draw on Thinksoft's extensive experience in testing a variety of mobile payment systems for leading banking clients across the globe.

SQS' current QA and Business assurance framework encompasses risk assessment, agile testing, rapid automation, security testing and test management using mobile ready tools, according to the press release. The company said banks and businesses can now rely on its new m-payment consultancy services to ensure the quality of their m-payments offerings and to gain time-to-market advantage in this market space. 

"Mobile payment is one of the fastest growing and disruptive technology trends in the financial sector," Anand Vyas, head of banking, financial services and insurance at SQS said in a statement. "The pressure to roll out apps quickly means that reinventing the wheel is not an option. Today, tried and tested quality assurance expertise is essential to launching an error free app that will attract merchants and consumers alike. With a high number of variables, including devices, operating systems and networks, quality assurance is a major challenge and should be prioritized to ensure the smooth roll-out of mobile payment apps."