SIA and Orange Business Services said they have signed a collaboration agreement that will enable European and extra-EU banks and merchants to manage payments via mobile point of sale terminals.
More specifically, Orange Business Services will provide a managed M2M solution with global roaming services enabling remote terminals to automatically transmit data to the SIA technology infrastructure.
The agreement will allow SIA to take a significant step forward in the creation of a single operating network at the European level which will collect payments traffic generated by wireless POS terminals and other channels of merchants and then deliver it securely and reliably to the authorization systems of banks, terminal operators and other acquirers.
Orange Business Services, the Orange branch dedicated to B2B services, is a leading global integrator of communications solutions for multinational corporations. Learn more at www.orange-business.com.
SIA is a European leader in the design, creation and management of technology infrastructures and services in the areas of payments, e-money, network services and capital markets. Its website is at www.sia.eu