STS teams with Zamsos for new Nordics payment solution

Monday, December 21, 2009

Swedish EFT provider, Zamsos and Smart Technology Solutions Limited (STS) are proud to announce their partnership in delivering new and innovative payment solutions for the Swedish market.

Zamsos, owned by largest Nordic region acquirer, Swedbank, are the leading Swedish provider of integrated payment solutions. The partnership with STS will deliver the first Swedish solution that offers merchants flexibility over terminal choices.

This new solution is the latest generation of Zamsos' Zaci payment application used by a growing number of the largest retailers in the Swedish market. Zaci, specifically designed to meet the needs of large integrated retailers, has been upgraded to include support for STS' SmartNS and Emvelink applications. This addition provides complete hardware independence as well as access to new and innovative payment technology including contactless payments and mobile POS hardware.

Bjorn Alfthan, Managing Director at Zamsos said "The large driver for this partnership was to provide Swedish merchants with flexibility over terminal choices as well as access to new technology. We see new payment devices such as Fujitsu's B-Pad as being capable of providing differentiators to our merchants. The latest version of Zaci will deliver this and provide our customers with a competitive advantage."

Cameron Olsen, Vice President, Business Development at STS said "Zamsos are the perfect partner for STS in the Swedish market. This extends our strong presence in the Nordic region and continues our push to allow merchants to access lower cost software based solutions rather than proprietary solutions based on monopolistic hardware standards. Zamsos are payment innovators in the Swedish market and we look forward to widening this solution into other Nordic and global regions."