Free for customers
Clients with a GarantiBank account can easily pay through SEQR’s easy, fast and safe mobile payment solution
SEQR enables retailers to cut their transaction costs in half compared to other payment methods, which means profitability from day one.
Bucharest, October 22nd, 2013 – As of today, the mobile payment solution SEQR is active and available for use on the local market. The application is developed by Seamless, one of the world’s leading providers of mobile phone payment solutions, and is launched together with GarantiBank, one of the most innovative banks on the market. SEQR is an application that enables customers to pay with their smartphone in stores, restaurants and online. Currently, it is the easiest, safest and most convenient payment solution in Romania.
Available for free for iPhone and Android, the application connects the user’s current GarantiBank account to the retailers’ cash register or online system via a QR code. GarantiBank is the first financial institution to make SEQR available in Romania.
How SEQR works:
1. Scan the QR code displayed at the shop cash register or e-commerce website
2. Approve the transaction inserting the PIN code
3. View receipt. All receipts and the payment history are saved digitally on the phone
SEQR is a convenient payment solution, providing benefits to both consumers and retailers:
For consumers:
o Free of charge, easy to register and easy to use
o Real time balance of GarantiBank account(s) and digital receipts stored in the app.
o Access to discounts and offers from retailers directly on your phone
o Improved security, as no banking and sensitive information is stored on the phone or made available to the merchant
o All communication is encrypted and is carried out through Seamless’
