Pay with SEQR at NFC enabled card terminals – NFC technology included in SEQR

During the first quarter of 2016 consumers using the SEQR mobile payment
solution, from Nasdaq Stockholm listed Seamless, will be able to make payments
using any near field communication (NFC) enabled card terminal. The number of
card terminals that support NFC technology globally is forecast to be 24 million
by the end of 2015.
Until now, SEQR customers have been able to use their phones to make payments in
stores where SEQR have an integration to the merchants’ cash register. SEQR
customers will be able to shop with SEQR in any store that has NFC enabled card
terminals, whether or not a merchant has a direct agreement with SEQR.

“Today, we are a world leader in terms of the number of direct agreements we
have with merchants and retail chains. However, there has been a bottle neck
with regard to how quickly we can integrate even more merchants. Our new NFC
solution eliminates this bottleneck and, on launch, will immediately provide
SEQR customers with the opportunity to shop in millions of stores and points of
sale across the globe. Even in countries where it is not currently possible to
download SEQR,” says Peter Fredell, CEO of Seamless.

Fredell continued, “Merchants will still be able to integrate with SEQR and in
doing so significantly reduce their transaction fees, while also utilizing SEQR
features that will increase sales and loyalty among their customers.”

The NFC functionality will automatically be available to existing SEQR customers
without the need to download a new SEQR app. Furthermore, this also means that
all card terminals that accept Apple Pay will also accept SEQR.

The technology is scheduled to be launched and in production in the first
quarter of 2016 and is being demonstrated for the first time on October 25, 2015
at Money20/20 in Las Vegas, the world’s largest trade show for payment and
financial services.

For further information, please contact:

Peter Fredell, CEO Seamless, +46 8 564 878 00, peter.fredell@seamless.se
Jonas Larsson, press contact, +46 701 088 668, jonas.larsson@seamless.se

This is the type of information that Seamless Distribution AB (publ) is required
to disclose pursuant to the Securities Market Act and/or the Financial
Instruments Trading Act. The information was submitted for publication on
October 22, 2015 at 07:50 a.m. (CET).

About Seamless / SEQR
(se·cure) is Europe’s most used mobile payment solution in stores and online.
SEQR enables anybody with a smartphone to pay in stores, at restaurants, parking
lots and online, transfer money at no charge, connect loyalty programs, store
receipts digitally and receive offers and promotions directly through one mobile
app. Through the SEQR app, the user simply scans or taps a QR-code/NFC at check
-out and approves the purchase by entering a PIN code. Fast, smooth and safe,
SEQR’s payment solution enables merchants to lower interchange fees
significantly compared to those charged by traditional card companies. SEQR’s
unique transaction platform has been developed by Seamless, one of the world’s
largest suppliers of payment systems for mobile phones. Founded in 2001 and
active in 35 countries, Seamless handles more than 3,7 billion transactions
annually through 575 000 active sales outlets. 6 200 merchants have chosen SEQR
including the largest grocery chains, fast food chains and national retailer
chains in the markets where SEQR is established. Currently SEQR is established
in Sweden, Finland, Romania, Belgium, Portugal, Netherlands, Germany, Spain,
France, Italy, UK and US. In 2013, SEQR won the Mobile Money Deployment in
Europe. Seamless is traded on Nasdaq OMX Stockholm, under the SEAM ticker.
www.seqr.com