A1 develops payment service of the future
Vienna, June 2019
- Secure payment with digital currencies: Extension of the existing A1 Payment offer
- Partnership with Salamantex and Ingenico creates secure handling of new digital payment methods
With A1 Payment, A1 in partnership with Concardis offers companies a complete package for the cashless payment process. Together with Salamantex, an Austrian digital currency specialist and its partner for payment terminals, Ingenico, A1 is expanding its payment service: Companies will be able to accept digital currencies such as Alipay, WeChat Pay and cryptocurrencies in addition to their existing payment methods.
“Tomorrow’s payment solutions will be able to understand and accept digital currencies,” says Markus Schreiber, Head of A1 Business Marketing. “While payment by mobile phone or watch (e.g. Apple Pay, Garmin Pay) is slowly establishing itself in Austria, we urgently need to catch up when it comes to the acceptance of digital currencies. Taking tourism as an example, we see that guests from Asia in particular want to pay primarily with Alipay, WeChat Pay or a coin. A1 takes on a pioneering role and supports companies in integrating new digital payment methods into their daily business in a simple and risk - free manner.”
From the terminal to the service to the assumption of the exchange rate risk — with A1 Payment companies receive everything from a single s ource: A1 provides the payment terminal and takes care of its maintenance. Blockchain expertise is just as unnecessary as setting up wallets or exchange accounts. The A1 Payment solution creates a framework for companies to accept digital currencies withou t having to bear an exchange rate risk (from cryptourrency to EUR).
Salamantex CEO René Pomassl is pleased with the cooperation with A1: “With the expansion to include digital means of payment, A1 Payment is taking on a pioneering role in times of digitali sation. Together we create trust and new opportunities for customers who want to position themselves as first movers in this field. Consumers will thus be able to choose from an even wider range of payment methods in the future”.
“In addition to the established payment methods, we have always promoted innovations such as the acceptance of electronic payment methods and cryptocurrencies in an international environment,” says Stephan Schmidt, Head of Sales at Ingenico GmbH, “so the cooperation with A1 and Salamantex is a logical step into the future”.
photo credits: A1/APA/Hörmandinger
from left to right: Stephan Schmidt, Head of Sales Ingenico; Markus Schreiber, Head A1 Business Marketing; René Pomassl, CEO Salamantex
With more than 5.3 million mobile customers and more than 2 million fixed-network lines, A1 is Austria’s leading communications provider. Customers benefit from a comprehensive all-in-one offering, including voice telephony, Internet access, digital cable television, data and IT solutions, wholesale services and mobile business and payment solutions. The brands A1, bob, Red Bull MOBILE and Yesss! stand for highest quality and smart services. As a responsible company, A1 integrates socially relevant and environmental concerns into its core business.
Ingenico GmbH is part of the Ingenico Group, the world’s leading provider of secure and seamless payment solutions for a wide range of applications with 30 million terminals installed worldwide. 8,000 employees in 170 countries support retailers, banks and service providers in optimizing and expanding their electronic payment transactions.
Concardis Payment Group is a leading provider of digital payment solutions with 1,000 employees and customers in Germany, Austria, Switzerland and Southeast Europe. The Concardis Payment Group enables merchants, service providers and financial institutions to benefit from the digitalization of their payment and business processes. Whether smooth payment at the stationary point of sale, flexibly adaptable solutions for e-commerce and m-commerce or additional services with real added value: innovative products and services reduce complexity, make payment easy and thus improve the customer experience.
Salamantex is a young, dynamic company that has set itself the goal of offering all-in-one solutions for payment systems. The Salamantex Digital Payment Service Software offers companies the possibility to combine different payment options as well as to accept cryptocurrencies as a means of payment.
Head of Marketing Salamantex
Mag. Livia Dandrea-Böhm
Product & Marketing Manager