Arion Bank uses Market Pay's softPOS Payment solution and provides its Visa cardholder customers with a mobile payment service that allows them to pay for their in-store purchases directly via their NFC-enabled smartphone. Valitor and Market Pay are concretizing their partnership by onboarding their first joint client. Indeed, during the Money 20/20 Europe 2018 trade show, payment solutions provider Valitor and Market Pay signed a partnership agreement to enable Valitor to expand its offering by integrating Market Pay's mobile wallet into its product portfolio. One year later, the collaboration has come to fruition by meeting the needs of Arion Bank, the leading retail bank in Iceland and a digital leader, which wanted to launch its mobile payment service, integrated within its mobile banking application. The collaboration between Valitor and Market Pay continues, and new digital payment projects are under development.
“Market Pay's exceptional reputation in the market, its ability to handle online Visa and Mastercard payments, and its success with leading clients such as Crédit Agricole in France make it the obvious choice for issuers seeking to offer the best possible experience to their customers.”
Sigurdur Ingvar Amundason, Executive Director, Operations & Development at Valitor
“It is important for us to be able to offer our customers the ability to pay with their mobile phones. We looked at several solutions and chose Valitor and Market Pay because they were able to provide us with a simple way to establish NFC payments in our mobile banking app, without having to introduce a separate solution just for payments.”
Iða Brá Benediktsdóttir, Managing Director of Retail Banking at Arion Bank
