Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

SPIRE PAYMENTS, PAYNETEASY AND CASSBY ROLLOUT INTEGRATED MPOS SOLUTION IN RUSSIA

SPIRE PAYMENTS, PAYNETEASY AND CASSBY ROLLOUT INTEGRATED MPOS SOLUTION IN RUSSIA

Spire Payments team with Payneteasy to launch innovative integrated mPOS solution. This is a white label solution that provides an SDK for IOS, Android and Desktop for payment acceptance.

This mPOS solution can easily integrate into an existing sales environment within one day, and includes contactless payments. The solution was designed for small and medium sized merchants who’d like to present card present payments for their customers. It also fits for big retail or HoReCa companies who want to equip their point of sales or delivery service with the devices that give customers the opportunity to pay using a variety of methods.

Payneteasy developed the payment application with the SPm2, utilising Spire Payments’ award winning mPOS Software Development Toolkit (inSPire). One of the projects that uses this technology is Cassby’s mobile cash register. Driven by the fiscalization of the Russian market, Cassby provides a fully accredited tablet-based till system which allows not only the secure acceptance of chip & PIN, contactless and NFC payments, but provides a powerful platform for hosting multi-applications to assist merchants in running their business. Comprising of a tablet, printer, cash-drawer and Spire Payments’ SPm2 (PCI 4.x accredited mPOS device) the solution can be installed and registered with the tax inspectorate in just 1 day. Either offered as a standalone solution (or integrated into an existing installation), the offering is proving to be extremely popular with merchants who want minimal disruption to their day-to-day business but understand they need to start accepting card payments.

Payneteasy is a technology company which specialises in the Fintech sector with activities spanning payment, security and integration. Kirill Zlatolisky CEO for the company comments on the project: ‘We are delighted with the collaboration with Spire and Cassby to deliver this much needed solution in the Russian economy. The capabilities of Spire’s SDK, SPm2 device and their significant experience within this fast growing Fintech sector were key considerations when selecting a partner. As for the selection of Cassby, their reputation in the till sector made the decision very straight forward.’

Mikhail Oshkin CEO Cassby: ‘These are exciting times for Cassby since the demand for card accepting till systems is growing exponentially within the Russian Federation due to the drive for fiscalization. The solution is extremely price sensitive, yet delivers a wealth of capabilities for the merchant. We look forward to developing the solution further with the integration of the SPm20.’

Tai- Kei Cheung, President Spire Payments: ‘We are extremely excited with this announcement since this is Spire’s first major mPOS project in the Russian Federation. Regional fiscalization is providing Spire with the perfect opportunity to leverage our flexible mPOS platforms and experience to rapidly gain market share. This project is an early indicator our aggressive geographical expansion plans are starting to gain traction.’

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post