Spire Payments and Euro 6000 launch mPOS solution in Spain
It’s not mPOSsible in Spain
Spire Payments and Spanish savings bank association EURO 6000 have teamed up to launch a mPOS solution called “Pinpago” in Spain.
Pinpago uses Spire Payments’ mPOS device, the SPm20. The device is enabled by a payment mobile app which is downloaded to the merchant’s smart device of choice (phone or tablet) allowing payment transactions for “all major” credit and debit cards (Visa, MasterCard, Maestro, Visa Electron, V-Pay and JCB).
Luis Alvarez-Cascos, director of marketing for Euro 6000, says it sees Pinpago mPOS as a “key part” of its growth strategy; and it selected Spire Payments due to its “security, robustness, long battery life and simplicity of use”.
Spire Payments says the SPm20 can be used by the micro merchant and in environments “demanding higher throughput” (SME and tier 1 and 2 retailers). It incorporates EMV chip and PIN, contactless and NFC capability (payWave, PayPass certified); and is compatible with “all four major” smart device operating systems (Android, Apple iOS, Windows Mobile and Blackberry).
Spire Payments has been active for 30 years and has offices in Spain, the UK, the Czech Republic, Russia, Jordan and Dubai.
Euro 6000 has been present in the Spanish market since 1975, managing networks and payment solutions for its member banks, and currently holds a 25% market share. It says last year it processed over 808 million transactions (worth €48.2 billion) through its network of 9,000 ATMs and 152,000 payment terminals.
