Continued success for Seamless’ transaction switch with substantial new order for Nigeria and Ghana


Seamless (OMX: SEAM) has received an order from a leading African mobile
operator group for the installation of its transaction switch. The contract
means Seamless enters into the strategically very important Nigerian market,
which is the largest economy in Africa, and is strengthening considerably its
market position in Ghana.
Installing Seamless’ transaction switch platform ERS 360°, will enable the
mobile operator to distribute electronically airtime, data and other products
for its subscribers. The order is initially valued at approximately 1,7 million
US Dollars and reinforces Seamless’ position within the fast-growing African

”We are incredibly proud of the high quality and performance of the ERS 360°
platform. Its continued success on new and already established markets is of
course immensely satisfying, says Peter Fredell, CEO of Seamless.

The transaction platform ERS 360° is at the core of the Seamless offering. It
enables mobile payment solutions, remittances, and electronic distribution of
products and services globally. International telecom companies are among the
largest customers, joined by retail chains and online stores. Seamless is also
the creator of the mobile wallet SEQR. SEQR makes it possible and safe for
individuals to use their smartphone to pay in stores and online, connect loyalty
programs, collect receipts digitally, pay for parking, sell goods, and transfer
money. The SEQR app can be downloaded at no cost to all operating systems.

For more information:
Peter Fredell, CEO, phone +46 8 564 878 00,
Tommy Eriksson, CEO Seamless Distribution Systems, phone +46 705 68 47 86,

This information is such information that Seamless DistributionAB (publ) is
required to disclose pursuant to the Swedish Securities Market Act and/or the
Swedish Financial Instrument Trading Act. The information was released for
publication on 19 August 2015 at 07.50 am (CET).).

About Seamless / SEQR 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 26 countries, Seamless handles more than 3,5 billion transactions
annually through 525 000 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 OMXStockholm, under the SEAM ticker.