EANS-News: Identive Group Inc. Multicard Expands Availability of Mobile
Phone-based Cashless Payments Using Rabobank Digital Wallet
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Marketing
Subtitle: Food service partners deploy Cashless Betalen solution in companies,
schools
OUD-BEIJERLAND, The Netherlands - April 18, 2012 (euro adhoc) - Multicard, a
leading supplier of credential solutions, identity management and system
integration services and a business unit of Identive Group, Inc. (NASDAQ: INVE,
Frankfurt: INV), today announced the expanded availability of its mobile phone
based cashless payment solution, Cashless Betalen, into additional micropayment
environments in The Netherlands through partnership with leading catering and
food service providers. Following the initial successful launch of the solution
to sports clubs, Multicard is now signing up commercial caterers who are
implementing Cashless Betalen to enable phone-based cashless payments in company
canteens and school cafeterias across the country.
Joop Stutterheim, Marketing Manager at Eurest, the workplace and business brand
of the global food service company Compass Group PLC, said, "The Cashless
Betalen solution provides several benefits for us, for our customers and in turn
their customers. The solution reduces the resources needed to handle cash, which
is expensive and requires additional security protocols. Payment lines move more
quickly and efficiently. And our guests are able to top-up their wallets with a
mobile app or even better, using auto reload. Eurest is always searching for
possible process improvements. The implementation of Cashless Betalen makes our
company ready for the next generation of payments."
In addition to increased efficiency, Cashless Betalen also provides records of
each transaction for future reference - a benefit that is very popular in the
education market. Pieter Kooistra, Managing Director of Multicard Netherlands,
explains: "The International School of The Hague offers healthy food to their
primary and secondary school students, but parents wanted information about
their children´s actual choices. Together with the school´s caterer Eurest and
their chosen point of sale partner, Multicard created a digital receipt that
includes all meals and other food purchases, which allows parents to review
their children´s school diets."
Cashless Betalen is the account management engine application used with the
digital wallet offered by Rabobank, one of the leading banks in the Netherlands.
The application allows consumers to pay for their meals or other items in less
than a second, with just a tap of the phone to a payment terminal. By
eliminating cash payments, transactions are faster and more efficient, lines at
the register shorten and more customers can be served. By downloading the app
from Google Play or the Apple App Store, Cashless Betalen users can check
account balances, transfer funds and monitor account activity using their
smartphones; account information is also available via the Internet. More than
100 company canteens, high schools and international schools in The Netherlands
have now implemented Cashless Betalen.
About Multicard:
Multicard, a business unit of Identive Group, Inc. (NASDAQ: INVE; Frankfurt:
INV), is a worldwide supplier of card solutions for secure identification
programs, with in‐house capabilities for credential issuance, personalization
and fulfillment services for the consumer, government, education, healthcare and
corporate markets. Multicard offers ID systems management and engineering
services as well as full implementation and program management. Multicard also
is a provider of enrollment, emergency management and accreditation solutions
using data capture equipment for ePassport and other government ID and corporate
ID applications. For additional information, visit www.multicard.com.
Identive Group, Inc. is a leading provider of products, services and solutions
for the security, identification and RFID industries. For more information,
please visit www.identive‐group.com.
Note: Cashless Betalen is a trademark of Multicard. All other trade names are
trademarks or registered trademarks of their respective holders.
Further inquiry note:
Mr. Lennart Streibel
Tel.: +49 89 9595-5195
E-Mail: lstreibel@identive-group.com
end of announcement euro adhoc
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company: Identive Group Inc.
Carnegie Ave., Bldg. B 1900
US-CA 92705 Santa Ana
phone: +1 949 553 4280
FAX: +49 89 9595-5555
mail: investorrelations@identive-group.com
WWW: http://www.identive-group.com
sector: Computing & Information Technology
ISIN: US45170X1063
indexes: NASDAQ
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
Nasdaq: New York, Open Market / Entry Standard: Frankfurt
language: English