Vipera PLC Bankart HCE Solution (9175G)
02 June 2017 - 4:00PM
UK Regulatory
TIDMVIP
RNS Number : 9175G
Vipera PLC
02 June 2017
For immediate release 2 June 2017
VIPERA PLC
("Vipera" or the "Company")
Bankart HCE Solution
Vipera (AIM:VIP), the cutting edge provider of mobile financial
services and digital customer engagement solutions, is pleased to
announce a multi-year agreement with Bankart d.o.o., a leading
payment processor, providing ATM, POS, card and SEPA processing
services to 26 banks and other financial institutions in five
countries in Southeastern Europe. Vipera will initially be
providing a mobile wallet and mobile payment solution utilising
Host Card Emulation (HCE), the new and universally recognised
technology for implementing mobile contact-less payments.
Vipera's proprietary mobile banking and payment platform, Motif,
enables financial services and retail customers to effectively
manage their digital channels and provide a range of services in a
single user experience. Motif is integrated with Mastercard and
Visa's tokenization services which will orchestrate the HCE
processes for Bankart. The Motif platform is a multi-tenant
solution, allowing Bankart to serve all of its territories and
customers from a central installation and allows end users to
perform payments from their Android mobile phones.
The multi-year agreement includes a licence fee linked to
volumes. This will enable Bankart to offer a range of additional
services to its client banks and their customers, leveraging the
Motif platform.
Marco Casartelli, CEO of Vipera plc, commented: "We are
delighted to have agreed such a significant and multi-year
agreement with Bankart and we very much look forward to delivering
more innovative solutions together in the future."
Toma Borštner, Division Manager, Technology Division, Bankart,
commented: "Vipera demonstrated the technical capability and
flexibility that we were looking for in such an important project.
The Motif platform and the fact that it is already integrated with
both Mastercard and Visa were important factors in choosing Vipera
and we are very pleased to have agreed a multi-year
partnership."
Contact:
Vipera PLC
Marco Casartelli (CEO) Tel: +39 02 8688
Martin Perrin (CFO) 2037
Simon Pearce (CMO) Tel: +44 (0)
20 7193 0833
Tel: +44 (0)
207 097 8632
finnCap Ltd (Nomad and Broker) Tel: +44 (0)
Adrian Hargrave / Anthony 20 7220 0500
Adams (Corporate Finance)
Camille Gochez (Corporate
Broking)
IFC Advisory Ltd (Financial Tel: +44 (0)
PR and IR) 203 053 8671
Tim Metcalfe
Graham Herring
Heather Armstrong
About Vipera:
Vipera Plc (AIM:VIP) a cutting edge Mobile Financial Services
and Digital Customer Engagement Solutions provider, serves
financial institutions worldwide with differentiated mobile
banking, card management and customer engagement capabilities based
around its proprietary bank grade multi-purpose platform, Motif.
Additionally, it provides consultancy and other services to banks
and financial institutions. For further information, please visit
www.vipera.com
About Bankart:
Bankart d.o.o., Ljubljana is a leading Slovenian company in the
field of payment processing. It was founded in 1997 by the majority
of banks in Slovenia and it provides ATM, POS, card and SEPA
processing services to 26 banks and other financial institutions in
5 countries in Southeastern Europe. Bankart's acquiring network
consists of more than 2.000 ATMs and more than 20.000 POS
terminals. Issuer processing is provided for more than 3 million
cards.
This information is provided by RNS
The company news service from the London Stock Exchange
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