Revel Systems, a feature-rich point of sale and complete business management platform, today announced a strengthened agreement with Worldpay, a leading global payments technology provider, signaling extensive new benefits for Revel customers.
Through the enhanced partnership with Worldpay, Revel will offer expanded capabilities to its Revel Advantage payment processing solution. Users will now benefit from a broader range of payments solutions as well as a single point of contact for sales support, creating a better customer experience.
The new offering will simplify and harmonize payment processing and financial reporting enabling users to see information such as processing totals, and sales volume for all their locations through one centralized portal. The strengthened agreement will also result in more consolidated pricing, further benefiting customers.
Revel customers can now also utilize Worldpays FastAccess Funding. The new agreement allows Revel customers to settle their batch and receive same day access to funds seven days a week, 365 days a year.
Revel is committed to working with the best-in-class payment providers, and Worldpay is the gold standard in payment processing worldwide. We are proud to take this significant step forward in cementing our relationship, said Greg Dukat, Chief Executive Officer of Revel Systems. Revel POS customers, from startup to enterprise level, will benefit significantly from the varied suite of offerings and financial incentives this agreement brings, supported by the largest global payments processor.
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The newly enhanced and varied suite of capabilities from Revel and Worldpay will bring strengthened protection for merchant data through Payment Card Industry (PCI) data security guideline compliance, point-to-point encryption (P2PE), and data breach coverage. Several payment forms will also be supported including PIN-based debit cards.
Revels intuitive POS platform with Worldpays integrated payments processing brings new value to businesses looking for forward-thinking solutions, said Matt Taylor, Executive Vice President, Head of Global Integrated Payments & SMB eCommerce at Worldpay. By working with innovative leaders like Revel, Worldpay is better able to deliver products like FastAccess Funding to the merchant and business owners who can truly benefit from them.
Through this expanded relationship, Revel will have access to a more feature-varied payments platform expanding the scope and flexibility of its offerings with the ability to scale from small startups to multi-location customers and large scale enterprises.
The agreement enables customers to continue to purchase through the Revel POS while Revels API integrates extended capabilities from Worldpay on the backend creating a seamless, faster and more secure customer experience.
About Revel Systems Revel Systems, founded in 2010 in San Francisco, provides a feature-rich business platform that accelerates merchant success. Designed to maximize security, stability, ease of use, and service delivery, Revels ecosystem replaces bulky, expensive legacy solutions with a quick, intuitive iOS-based POS platform that combines cloud-based technology and the mobility of the iPad. We work with all businessesfrom small merchants to global enterpriseslooking to modernize, future-proof their operations, and implement a system that adds value through incremental revenue, cost reduction, and a better experience for customers and employees. For more information on the next generation Point of Sale platform, please visit http://revelsystems.com/.
About Worldpay Worldpay, Inc. (NYSE:WP; LSE:WPY) is a leading payments technology company with unique capability to power global omni-commerce. With an integrated technology platform, Worldpay offers a comprehensive suite of products and services, delivered globally through a single provider. Worldpay processes over 40 billion transactions annually, supporting more than 300 payment types across 146 countries and 126 currencies. The company is focused on expanding into high-growth markets and customer segments, including global eCommerce, integrated payments and B2B. Visit us at www.worldpay.com.
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