Seamless Expands SEQR Payments Solution to Four New Countries

Seamless Distribution (Seamless), the Stockholm-listed Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term company which handles over 3.7 billion transactions each year through its payment technologies for mobile, today announced the launch of SEQR in Austria, Ireland, Malta, and Luxembourg.

The addition of the four new locations brings the total number of countries to 16 where SEQR is now available. Seamless is traded on the Nasdaq Nordic OMX market, under ticker SEAM, and has a market capitalization of over 457 million Swedish Krone (SEK) or roughly $53.4 million USD based on current Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term data.

Commenting in a corporate statement regarding the announcement, Peter Fredell, CEO of Seamless, said: “We have established ourselves as the leading standard for mobile payments in just a brief period of time. Because our solution is easy and convenient, we are able to quickly offer SEQR in four more countries.”

SEQR was previously launched in Seamless’s homebase of Sweden, as well as in the UK, the US, Finland, Romania, Belgium, Portugal, the Netherlands, Germany, Spain, France, and Italy, and now the four additional countries.

SEQR provides a range of payment capabilities for users via its smartphone app, using a QR code scan feature that is confirmed with a pin code to approve payments. According to a description from the company, SEQR has been chosen by nearly 6200 merchants, and the app is also NFC compatible.