sQuid - the new eMoney solution
ACT has announced its partnership with sQuidcard in helping to deliver sQuid’s highly configurable eMoney network, a smart card based payment service enabling small value payments.
A sQuidcard means that you will no longer have change weighing down your pockets and with its ‘swoosh-and-go’ payment, it’s easier and faster than chip and PIN, and it’s secure. You can load value on to your card either online or at sQuid retailers (soon to be nationwide) and you’re ready to go. No debt, no hassle, just a simple, fast way to pay.
sQuid enables retailers to create more value from small convenience items, including quicker processing of queues, better retained margins, no hidden charges and improved customer relations. sQuidcard is also compatible with council smart card schemes and with ITSO Transit schemes as well as offering a new approach to loyalty schemes. ACT has been developing a number of the technology components for the service, leveraging its own smartcard and transaction systems expertise. Gary Watts, Managing Director of ACT, says, “we’re very excited about this new technology, and delighted to be working with the sQuid team to deploy this new service”.
Bolton Metropolitan Borough Council has already selected sQuid eMoney service for its innovative smart citizen card programmes. Bolton is the first deployment of sQuid with expansion across the UK expected to follow.
More information on this is coming soon…
