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Qromo debuts at the Payment Fair with innovative solutions for the sector

Qromo’s debut at the Payment Fair

Qromo, the Milanese fintech startup founded in 2020 by Francesco Basile, made its long-awaited debut at the Payment Fair, a reference event for the sector that takes place from 27 to 29 November at the Allianz MiCo Congress Center in Milan. This event represents an important showcase for innovations in the field of digital payments and Qromo has chosen to present its innovative solutions in collaboration with
Mastercard.

Innovative solutions for Food Retail and Ho.Re.Ca.

During the event, Qromo highlighted its advanced technologies designed to digitize and simplify operating processes in Food Retail and in the Ho.Re.Ca sector. The company stands out for its integrated approach to digitalization, expanding its services to include advanced payment solutions. Among the most interesting news, the Tap to Pay on iPhone stands out, developed in partnership with Apple and Stripe, which allows you to transform an iPhone into a POS without the need for additional hardware. This innovation represents a significant change in the payment experience, offering convenience and speed for both operators and customers
.

A rapidly evolving context

The context in which Qromo is inserted is characterized by a rapid evolution of payment methods. In the first six months of 2024, contactless payments reached a value of 130 billion euros, an increase of 23% compared to the previous year. Payments through smartphones and wearable devices also continue to grow, exceeding 19.9 billion euros, with an increase of 58% in value and 68% in the number of transactions. These data highlight a transition to increasingly widespread and integrated digital payment solutions, a trend that Qromo intends to make
the most of.

The future of Qromo in the fintech sector

Francesco Basile, founder of Qromo, said: “We started in 2020 with the goal of digitizing a sector that is still very analog such as Ho.Re.Ca. and Food Retail, allowing the user, through a simple QR Code, to order, pay and consume with a few clicks. Being present at the Payment Fair, hosted by a top player like Mastercard, is a crucial moment for our evolution. We are growing from a technological partner for catering to a fintech capable of offering advanced digital solutions, responding to new market needs
.”

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