Dundee, Scotland-based sQuidcard, which provides contactless e-money services in retail and campus networks, has extended its service to payment devices manufactured by French company Ingenico. This will enable sQuid across a wide spectrum of merchants in the UK.
Moving forward, sQuid and Ingenico expect to expand into new geographical areas and with new applications.
Free to use, the sQuidcard has been specifically designed to replace cash transactions in fast retail environments, and is compatible with transport smart card applications.
It has a multi-purse capability and is compatible with transit systems. sQuid operates enhanced security between the card, the terminal and the payments engine, and allows additional functions to be delivered to the card holder and the retailer. This enables a sQuidcard to be used not only for low value purchases but also as a pre-pay transit card.