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Rabobank partners French fintech Dejamobile for merchant SoftPOS solution | Fintech InShorts: Latest fintech news, analysis by experts
Sunday, December 22, 2024

Rabobank partners French fintech Dejamobile for merchant SoftPOS solution

Rabobank Partners with Dejamobile for Mobile Payments:

  1. Partnership Overview:
    • Rabobank, a Dutch bank with 9.1 million customers, has collaborated with French fintech Dejamobile to facilitate mobile payments for its merchant clients.
  2. Integration of SoftPOS Solution:
    • Rabobank will integrate Dejamobile’s ReadyToTap Payment for Merchants solution into its Rabo SmartPin app.
    • The solution incorporates Dejamobile’s SoftPOS technology, enabling smartphones to accept payments without additional hardware.
  3. Enhancements to Rabo SmartPin App:
    • The Rabo SmartPin app, used by merchants, will be transformed into a comprehensive cash register solution.
    • Merchants can create product catalogues, monitor stock, record cash payments, and manage multiple users through the app.
  4. Complete Cash Register Solution:
    • The addition of SoftPOS technology aims to make the app a complete cash register solution, allowing NFC-enabled smartphones to function as payment acceptance devices.
  5. Benefits for Entrepreneurs:
    • The partnership with Dejamobile is expected to make the Rabo SmartPin app more accessible for entrepreneurs, providing additional transaction and revenue-tracking features.
  6. Rabobank’s Background:
    • Rabobank, founded in 1898 and headquartered in Utrecht, serves retail and corporate clients, particularly in the food and agricultural sectors across 38 countries.
    • The bank offers a range of financial services, including cash and fund management, asset advisory, cross-border payments, and debt capital markets solutions.
  7. Previous Collaborations:
    • Rabobank has engaged in various partnerships, including those with InvestCloud for digital financial planning tools, Surecomp for financial operations, BearingPoint for regulatory reporting, and Oracle for the banking core of its Brazilian subsidiary.

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