Mobile wallet SEQR has announced it is now available for payments in Eni Romania’s Agip service and fuel distribution centres.
Customers simply scan the QR code at the cash register and validate the transaction with the PIN code. Receipts are digitally saved and always accessible on the mobile phone.
So far, SEQR has signed contracts with merchants for 448 shops and restaurants in Romania, with the solution under different implementation stages in all these locations
The app, which is available for free on App Store and Google Play, connects the client’s bank account with the cash register or the merchants’ online payment platform through a QR code.
SEQR claims to be the safest solution on the market because it does not transfer confidential information between the client and the merchant.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.