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NEWS - 2. May 2019 11:40

SEB: Retailers prefer smart terminals at the summer fair

Retailers at summer fairs and other outdoor events are more and more choosing to use smart terminals, as people prefer to pay by card. A smart terminal can fit in your pocket and it works with a smartphone or a tablet; in this way it allows one to make card payments anywhere, where there is access to mobile internet.

“A smart terminal solution is liked by both retailers and their customers. Terminal accepts both chip – and contactless cards. The modern terminal works based on a smart app and is environmentally friendly, since the receipt of the payment is transferred to the customer’s e-mail address electronically. Smart terminal is also a cheaper solution than an ordinary terminal for small retailers,“ commented Ainar Leppänen, Head of the SEB Retail Banking Area.

SEB smart terminal works via a Bluetooth-connection both in Android and  iOS mobile phones or tablets, which simply need a downloaded app to use the smart terminal. “Nowadays technology is evolving fast, which makes it more useful to rent a smart terminal, so that both the hardware and software used complies with today’s conditions and is as safe as possible,“ added Leppänen.
In order to use a smart terminal, a merchant contract must be concluded and one needs to own an iOS or Android smartphone or a tablet. The terminal can be rented from the bank for a suitable period of time for a monthly fee of 8 euros.

Leppänen also added that: “Estonians are entrepreneurial and wish to offer comfortable payment methods to their customers, especially at the summer’s big events and fairs. Card payment opportunity gives a boost to entrepreneur’s turnover, since the average card payment transaction is considerably larger than an over-the-counter transaction.”

SEB also offers smart terminals in other SEB Baltic banks. More information about the smart terminals

Additional info:

Evelin Allas
Communications Manager

Phone +372 665 5649
Mobile +372 511 1718
Address Tornimäe 2, 15010 Tallinn


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