ICP operates more than 120.000 POS terminals in 7 European countries and serves merchants such as Aldi Nord, Burger King and BVG-Berliner Verkehrsbetriebe.

Under the agreement, payworks will support ICP in launching an own payment acceptance solution, enabling small- and medium-sized enterprises (SMEs) to take card payments with their smartphone. Merchants will use a mobile application together with a Chip & PIN device to accept card payments. They can view their historic transactions on their mobile device as well as on a separate, web-based merchant dashboard. In addition to the mPOS solution for SMEs, ICP will use payworks' mobile POS SDKs and APIs to enable their existing customer base of retailers and merchant service providers to easily integrate both Card Present and Card Not Present functionality into their customized applications. The payworks technology enables anyone to quickly add payment functionality to their merchant and shopper app.

"Mobile technology will positively impact the payment market in the years to come," says Mike Weller, Head of Sales at ICP. "Already today we are seeing a variety of solutions where the traditional Point of Sale and online channels are converging. The seamless combination of Card Present and Card Not Present processing makes the payworks platform very powerful and we are happy that we have found such a reliable partner, enabling us to provide our clients with innovative mobile POS solutions."

Christian Deger, CEO of payworks, is looking forward to the new cooperation: "ICP is a leading player in the industry and has always taken a proactive approach in expanding its service offering further. We are happy to support ICP in providing superior mobile POS solutions to their merchants. Moreover, ICP will serve as an additional Acquiring option for merchant service providers, which use the payworks platform as a technical backbone."