Point and Handelsbanken announce mobile payment management solution

26 February 2014

Point, a VeriFone Systems subsidiary, has announced a new deal with leading Swedish bank Handelsbanken that will lead to the creation of a mobile payment management solution.

The new technology will primarily be aimed at micro merchants and small businesses in Sweden that want to make use of the smartphones and tablets for transactions.

Point will provide VeriFone’s EMV-compatible PAYware Mobile devices and managed services including software support, deployment and help desk to the bank, which also has operations in the UK, Denmark, Finland, Norway and the Netherlands.

The solution will be compatible with Apple iPad, iPod touch, iPhone and other smartphones and tablets, helping Handelsbanken to increase the payment services it provides.

Bård Ljöstad, managing director of Sweden for Point, said: “Point services built on VeriFone’s proven mobile payments technology provide a complete and secure mobile solution that enables banks to meet these emerging needs with a trusted brand.”

By Claire Archer

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