POS Solutions

Acrelec Partners with PAR Technology to Upgrade Its Kiosk, Drive-Thru, and Digital Menu Board POS Capabilities

Acrelec | April 29, 2022

Acrelec, a global technology company reinventing the customer experience for restaurants and retail brands, completed its integration with Brink POS® software and Punchh Loyalty platform from ParTech, a leading global provider of point of sale (POS) software. This partnership and integration will allow PAR customers to benefit from Acrelec kiosks, drive-thru, and digital menu boards.

When it comes to self-ordering kiosk technology, drive-thru, and digital menu boards, a complete POS integration allows for a seamless customer experience. It removes operational frictions—avoiding errors and simplifying the build and run of IT projects.

"When testing and rolling-out new technology in restaurants, it is vital that technology providers partner together for the benefit of the brands and their consumers. We're confident that PAR customers will greatly benefit from accessing Acrelec technology as an additional option for serving their guests."

Acrelec Innovation & Marketing Director Thibaud Denolle

Acrelec counts over 80,000 installations around the world in 70 countries and nearly 1,000 employees, including three manufacturing plants and a 150-person software division. They work with iconic brands such as McDonald's, Dunkin', Burger King, KFC, and Taco Bell, providing an entire ecosystem of technology solutions for QSR and Fast Casual restaurants.

About Acrelec
Acrelec is a global technology company focused on reinventing the customer experience for restaurant and retail brands. Leveraging decades of software, hardware, and service/support expertise, Acrelec develops and integrates new platforms that increase customer engagement, optimize efficiency and improve operations.

Serving nearly 70 global customers—including iconic brands such as McDonald's and Dunkin'—Acrelec counts over 80,000 installations in 70 countries, bringing its robust tech ecosystem for drive-thru solutions, self-order kiosk, self-checkout, and click and collect to people worldwide.

With nearly 1,000 employees around the globe, Acrelec collaborates with customers and partners to design, create, build, and support the world's leading smart stores. Never satisfied with the status quo, Acrelec's passion is in delivering breakthroughs that drive business results for their customers.


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Other News
POS Retail, Restaurant POS

Snack POS Announces Strategic Partnership with PAX to Offer EMV-Enabled Terminals for Restaurants

Business Wire | August 29, 2023

Snack POS, a leading restaurant point of sale (POS) system provider, is thrilled to announce its strategic partnership with PAX, a global leader in secure electronic payment terminal solutions. This collaboration will bring state-of-the-art EMV-enabled terminals to restaurants, enhancing payment security and convenience for both businesses and customers. As the restaurant industry continues to evolve, ensuring secure and efficient payment processing has become a top priority. With this partnership, Snack POS aims to empower restaurants of all sizes with advanced payment technology that not only streamlines operations but also safeguards sensitive financial information. Key features of this partnership include: EMV-Enabled Terminals: The integration of PAX's cutting-edge EMV-enabled terminals with Snack POS will enable restaurants to accept chip-enabled credit and debit cards, significantly reducing the risk of fraudulent transactions and chargebacks. Enhanced Security: By adopting EMV technology, restaurants can offer a higher level of security to their customers, protecting them from the potential vulnerabilities of traditional magnetic stripe cards. Seamless Integration: Snack POS and PAX are working closely to ensure a seamless integration of the EMV-enabled terminals into the Snack POS ecosystem. This integration will provide restaurateurs with a user-friendly and efficient payment experience. Customer Trust: The partnership reflects Snack POS and PAX's commitment to building trust with customers. By offering secure payment options, restaurants can foster a stronger relationship with patrons, enhancing their overall dining experience. Comprehensive Support: Snack POS will provide dedicated support and resources to assist restaurants in implementing the new EMV-enabled terminals, ensuring a smooth transition and optimal use of the technology. "We are excited about our collaboration with PAX to introduce EMV-enabled terminals to our restaurant POS system," said Rohan Patange, COO of Snack POS. "This partnership reflects our ongoing dedication to providing innovative solutions that empower restaurants to thrive in a rapidly changing landscape while prioritizing the security and satisfaction of both business owners and their customers." This strategic partnership marks a significant step forward for the restaurant industry as it adapts to new technological advancements. Snack POS and PAX are committed to delivering solutions that enhance efficiency, security, and customer satisfaction in the world of restaurant payments. About Snack POS: Snack POS is a leading provider of restaurant point of sale systems, offering innovative solutions that empower restaurants to streamline operations, enhance customer experiences, and drive growth. With a commitment to cutting-edge technology, Snack POS is dedicated to helping restaurants thrive in an ever-changing industry landscape.

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POS Retail

CloudPay selects Nuvei to bring greater speed and agility to its payments

Globenewswire | July 28, 2023

Nuvei Corporation (“Nuvei” or the “Company”) , the Canadian fintech company, and CloudPay, a leading global employee pay provider, are today announcing a strategic partnership that enables CloudPay customers to access faster, more flexible payroll solutions. Nuvei’s market-leading agile technology and global reach through a unified solution provide significant advantages for CloudPay customers that demand the ability to make payroll fast, flexible, and certain. The partnership also supports a broad range of global salary payment solutions, including the capability to push salary payment to cards through Visa Direct, reducing payment times from days to 30 minutes or less. These expanded capabilities generated through the partnership are currently live in the U.S., and an expansion into new regions including Europe and APAC is expected to launch before the end of the year. “This partnership enables us to meet the growing global demand for innovative payment solutions that are transforming the end-to-end employee pay process and providing new ways of attracting and retaining talent,” said CloudPay Strategic Initiatives Director Nick Newman. Nuvei Chair and CEO Philip Fayer commented on the announcement: “We’re excited to be demonstrating yet another fantastic use case for our cutting-edge payments technology. Our mission is to enable our partners to offer a market-leading payments experience for pay ins and payouts, bringing businesses closer to their customers, or in this case employees. Enabling CloudPay to offer a transformative payroll solution is just the latest example of how our agile, customizable platform is revolutionizing online payments globally.” CloudPay data finds 95% of employees who use the CloudPay NOW app choose to use their debit card to receive salary payments because the transaction is instant and available 24/7. Traditional salary payment structures rely on banks and limited hours of operation. There are no waiting periods when transactions are processed through Nuvei. In some instances, this allows companies to move from a biweekly pay cycle to a monthly cycle, saving time, money, and resources. “The next generation of global money movement is one where companies may soon say goodbye to the traditional, biweekly pay cycle,” said Anastasia Serikova, Head of Visa Direct, Europe. “CloudPay and Nuvei are at the forefront of providing solutions that help workers access their pay faster. With Visa Direct, CloudPay’s clients can eliminate inefficiencies associated with traditional ways that employees are paid, and provide quick access to the money they’ve already earned.” Together with its partners, CloudPay is defining the modern pay experience. Through strategic partnerships that extend capabilities and increase speed, the company is elevating pay from an operational function to a business driver. Employers looking for ways to elevate the employee experience now have the ability to do so at scale across the globe. About Nuvei Nuvei is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 47+ markets, 150 currencies and more than 600 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. About CloudPay Employee pay processes have broad business consequences, requiring modern solutions and trusted experts across the globe. CloudPay connects all employee pay processes – including payroll, payments, and on-demand pay – through a unified platform available across 130+ countries, and 168 currencies. CloudPay’s experts help global companies implement best practices, navigate change, optimize operations, and improve employee experiences, guiding them with vision and care toward the comprehensive pay experience employees deserve.

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Cloud Based POS

REPAY Expands eCash Payment Acceptance Capabilities for Bill Pay and Loan Installments

Business Wire | August 28, 2023

Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, today announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly 100,000 U.S. retail locations. By digitizing and integrating cash payments, clients can increase customer satisfaction by offering more payment choices across REPAY’s verticals, including personal finance, auto finance, credit unions and mortgage. Leveraging eCash, REPAY bridges the gap between online and cash payments to simplify the payment experience and improve accessibility for the underbanked community and those who prefer to pay using cash. Consumers select eCash at checkout to generate a barcode which they take to the nearest participating retail location for the retailer to scan and accept the cash. Once the transaction is completed through a financial network utilized by REPAY, the funds are deposited to the client and the payment is automatically posted, streamlining reconciliation to offer lenders increased efficiencies. eCash offers additional benefits for lenders, including increased payment volume and on-time payments, enhanced security, reduced chargebacks and improved customer satisfaction. Further, because the retailer handles all cash management, there are fewer risks and lower costs to cash transactions for the lender. As a leader in the transformation of integrated digital payments, REPAY continues to expand and enhance its solutions for all networks that send and receive funds. “REPAY is committed to improving the payment experience for our clients and their customers by delivering innovative solutions that support evolving payment preferences,” said Jake Moore, EVP, Consumer Payments, REPAY. “With today’s expanded eCash solutions, lenders can offer even more bill payment options, which will drive customer satisfaction and attract new customers while also enhancing efficiency and security.” About REPAY REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY’s proprietary, integrated payment technology platform reduces the complexity of electronic payments for clients, while enhancing the overall experience for consumers and businesses.

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POS Retail

Payoneer Singapore Secures Major Payment Institution License to Empower SMEs

Businesswire | August 21, 2023

Payoneer Singapore Private Limited (Payoneer Singapore, a subsidiary of Payoneer Global Inc. the financial technology company empowering the world’s small and medium-sized enterprises (SMEs) to transact, do business, and grow globally, has been granted a Major Payment Institution License from the Monetary Authority of Singapore (MAS). The license will enable Payoneer Singapore to enhance the breadth of its products and roll out several new services in Singapore, especially in the areas of account issuance, cross-border money transfer, domestic money transfer, e-money issuance, and merchant acquisition. Payoneer Singapore’s successful license approval followed a rigorous application and review process, demonstrating the company’s compliance with regulations and standards set out by the MAS. With the new license, Payoneer Singapore can accelerate its expansion in Singapore by onboarding new partners as businesses are permitted to engage in higher-value transactions. "We express our gratitude for the nod of approval from Singapore’s MAS. It certainly is a validation of our commitment to building a robust and transparent platform that delivers the best services to our customers and partners," said Nagesh Devata, SVP of Asia-Pacific at Payoneer. "Singapore holds a crucial position in our plans for regional market expansion. The recognition received from MAS demonstrates that Payoneer's product technology, risk management, compliance framework, and business models have gained approval from one of the most authoritative regulatory bodies in the local context." "Looking forward, we will continue to prioritize the swift implementation of local services in Singapore, utilizing our secure and rigorously monitored payment platform. In addition, our customer-centric strategy continues to guide operations by prioritizing our current customers and empowering businesses of all sizes to venture into other markets. We are honored and looking forward to fostering a strong and long-term relationship with MAS," he adds. About Payoneer Payoneer is the financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable anyone anywhere to participate and succeed in the global digital economy. Since our founding, we have built a global financial platform that has already made it easier for millions of SMBs, particularly in emerging markets, to pay and get paid, manage their funds, and grow their business.

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