News & Views - Savantor

Elisa uses Savantor to support launch of new contactless mobile payments service in Finland

Monday, 20 May 2013

Savantor Ltd., a specialist in the provision of strategic, business and technical expertise to the  payment industry, is pleased to announce its involvement in the successful launch of the innovative new contactless payment method offered by Elisa, the Finnish leading mobile network operator.

To achieve the objective of launching the new product, Elisa recognised their requirement for additional expertise in new payment technologies. Savantor, as experts in the payment cards market, were selected to assist with Elisa’s fast-moving new payment initiatives providing the framework and necessary know-how to successfully undertake the programme.

The new service includes an application on the mobile for contactless payments, separate online payment cards, an online and mobile payment application as well as money transfers between users.
The payment tools were developed in collaboration with MasterCard and utilise MasterCard PayPass™ technology. Contactless payments can be made in point of sale locations that use near-field communication (NFC) card technology.

Janne Niemensivu, Managing Director of Elisa Rahoitus Oy commented “We are delighted with the early success we have achieved with this innovative new payment product. Savantor provided us with great support – the right kind of business and specialist knowledge plus their project management skills that helped us launch on time.”

Geoff Durham, Executive Director of Savantor said “We are delighted that Elisa selected us to help with the strategy and implementation of this challenging project. We are convinced it will not only be a milestone for Elisa but also a trendsetter in the Finnish marketplace.”

Elisa is a telecommunications and ICT service company. Our online and ICT services provide Finns with experiences and businesses with productivity. We serve approximately 2.2 million consumers, companies and public administration organisations. As the market leader in mobile subscriptions, we offer the most comprehensive and fast 3G network and 4G speeds in Finland. In 2012, our revenue was €1.55 billion and we employed 3,870 people. We offer international services in partnership with Vodafone and Telenor. For more details, go to www.elisa.com.

Savantor Services

Savantor Services

Savantor services are tailored to Client needs based on our core service areas

Specialist Resourcing Payments Strategy Platform Transition Operational Efficiency
Savantor Services

Job Opportunities

Consulting and contracting roles in the payments, mobile and banking arena within the UK and across Europe

View more
Savantor Services

Savantor Views

Find out more from our Savantor brochures, MarketEye back copies and Industry opinion

Collateral Market Eye News & Views Sign Up to receive MarketEye

Client Quotes

Payments Workshop Material

"Savantor helped ACI build a payments onboarding workshop for new technical staff in ACI EMEA. Their extensive experience took our outline and built a great starting presentation of industry facts that we have now customised further into a half day session that is used for all new joiners. Our Americas and APAC regions have also taken the material and customised it for their regions. A great job by Savantor has meant new joiners to ACI hit the ground running."

Richard Sanders, Principal Solution Consultant - ACI - Worldwide EMEA

Issuer and Acquirer Transformation - Assessment and Mobilisation

"We were in urgent need of external independent expertise to supplement our internal resources. Senior consultants had to quickly integrate with a diverse team from across the bank and actively contribute. I am pleased to say that Savantor was able to deliver on our needs as well as being good people to do business with."

Lars Bostrom, Head of Cards - Nordea - Scandinavia

Acquirer Strategy and Operating Model

"Savantor brought an effective blend of European acquirer market expertise and transaction processing solution design. Their experts quickly forged strong working relationships with our team. We enjoyed working with them to create our future acquirer strategy."

Mikko Hyttinen, SVP - Lending Services - OP-Pohjola Group - Finland

Credit Risk Review for New Product Launch

"We needed expert help at short notice and Savantor were very impressive in their response and knowledge. The results were very clear and useful, enabling us to quickly make good progress on the next steps."

Sami Karhunen, Head of Business Intelligence and SME Sales - Point Transaction Systems Oy - Finland

New Payments Initiative

"In moving our new initiative into reality, we required specialist payments knowledge and forward thinking in the retail sector. Savantor supplied this and provided very effective guidance throughout. We enjoyed working with them."

Sophie High, Head of Innovation Delivery - Cancer Research UK

Complex Cards Business Transformation

"This was a major business transformation that required us to build an excellent team made up of internal bank specialists, supported by external card business, technical and operations expertise. Savantor provided specialists from the local market and with international experience to fill a variety of important roles. The Savantor resourcing team are professional, reliable and good people to work with."

Ricardo Gomez, Director - Operations & Technology - WiZink Bank - Spain

Acquirer Risk Assessment

"The expertise provided by Savantor has greatly helped us evaluate our risk position and to take the right steps in managing our future risks. Strong, disciplined planning and an ongoing willingness to work closely with our staff played an enormous part in making this a very successful well-delivered project which will greatly help us in achieving our business goals."

Mark Healy, Chief Risk Officer - NEOVIA Financial - UK

Platform Selection & RFP Management

"OP-Pohjola Group has used Savantor in both acquiring and issuing for platform/service provider research, RFI/RFP processes and subsequent contract negotiations. Savantor's approach and commitment have always been very professional and transparent. They have been of great help for the company in providing us important insights and background information beyond vendors sales speeches."

Kai Lindstrom, Head of Acquiring - OP-Services Ltd - Finland

Clients - Request Support

Send us a support request and one of our specialists will be in contact to assist you.

Consultants – Upload your CV

Register your CV with us and gain access to a range of job opportunities through our online job search portal.