Spire Payments supplies new Crédit Agricole mPOS solution
Spire Payments Michel Sohrabi displays the payment devices
Spire Payments, which is exhibiting for the first time at CARTES this year, is highlighting its role as the sole supplier of mobile Chip & PIN payment devices for Smart TPE, Crédit Agricole’s new national mPOS project.
This recently announced collaboration is intended to help bring to market a Crédit Agricole payment offering that addresses the new expectations and changing habits of merchants and consumers. It is a market increasingly armed with smart phones able to access high-speed mobile networks. Users are heavily influenced by the internet and seek to have a similar merchant shopping and payment experience.Smart TPE is an innovative mobile payment solution enabling mobile merchants to complete transactions quickly and securely. It has two components, a smart phone application that can be downloaded from the AppStore or Google Play and the Spire Payments Bluetooth-based PosMate Smart mPOS device. It enables Crédit Agricole to provide a complete set of payment services targeting merchants who are highly mobile.
Kazem Aminaee, CEO of Spire Payments, says: “mPOS solutions are becoming vital to a bank’s relationship with its customers and the stakes are high as we witness digitisation of the entire payment value chain. As suppliers of payment solutions, we follow closely our customers’ changing expectations with respect to payment devices while maintaining a strong focus on the highest security standards for the protection of merchant data.
The selection of Spire Payments by the Crédit Agricole underscores our goal to become the market leader in mPOS at a time when mobile commerce is the payment industry’s single most important catalyst for growth.”