Kuwait International Bank and McDonald's are preparing to launch a mobile payments pilot using technology from Swedish outfit Seamless.
To use the Seamless's SEQR system, Kuwait International Bank customers download a mobile app with which they can scan a QR/NFC code at the point-of-sale terminal before approving the payment by entering their PIN. Receipts are collected on the phone.
Peter Fredell, CEO, Seamless, says: "The launch of SEQR on the Swedish market has been very successful, and we hope that our partnership will help to make life simpler for many consumers in Kuwait."