Ingenico Introduces Innovative Payment Solution for Small and Medium-Sized Businesses

Published: 12 March 2018 y., Monday
During the recent Mobile World Congress  that took place February 26-March 1 in Barcelona, Ingenico , one of the world's largest POS terminals manufacturers, introduced its innovative Axium POS platform, which combines electronic cash register (ECR) and POS terminal, for small and medium businesses.
 
The first ECR POS model, Axium D7 is a modular ECR tablet, developed for merchants' professional usage, and accepting the latest generation payments.
 
According to ASHBURN International  (part of Penki Kontinentai group) executive manager Žoržas Šarafanovičius, the solution presented by Ingenico is a hit in the market.
 
"It is great that we were among the first to get acquainted with Axium capabilities. Its main advantage is that with its help we'll be able to provide our clients with a comprehensive solution. We can say for sure that the new Ingenico product will become a hit in the countries where we work, "says Šarafanovičius.
 
In the time to come ASHBURN International plans to complete the newest Ingenico's Telium Tetra OS version, adapted for POS terminals, certification. It will also work on the Axium platform, where the terminal part uses Telium Tetra, and the ECR runs on Android.
Speaking about the Axium real benefits, Šarafanovičius says, "For banks, this is an opportunity to offer their customers premium services package, while consumers get a universal solution that includes both payment terminal and ECR in one. This allows saving on leasing, or purchasing, two separate devices".
 
ASHBURN International and Ingenico have closely cooperated since 2008, when first POS terminals were introduced in the Baltic countries - and starting from 2013, ASHBURN International is its official partner in Lithuania, Latvia and Estonia.
 
More than 107,000 business people from around the world attended the Mobile World Congress, during which Axium was introduced, and over 200 companies showed their products and made presentations.
Šaltinis: Ashburn International
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

ATM migration to Windows 10 – the time is coming

Far future comes sooner than it seems. The banking sector will face a big challenge in 2020. Microsoft made the official announcement: Windows 7 (operating system for many ATMs) extended support will end on January 14, 2020. more »

Cash Management.iQ: a new cash flow forecast mechanism

Cash Management.iQ will incorporate an updated forecast mechanism starting 2019. more »

Prospects for the retail sector in Azerbaijan

Retail has become one of the most dynamic areas of the Azerbaijani economy for 10 years. more »

BS/2 Kazakhstan celebrates its 10th anniversary

Kazakhstan has the largest economic system in Central Asia. It is the world's largest landlocked country, and the ninth largest in the world, with an area of 2,7 mln km2 and a population of 18.3 mln people. more »

Uzbekistan's market is attractive for its dynamic

Significant changes take place in the financial economy of Uzbekistan. It became one of the most promising countries for investment. In Central Asia, it ranks first in terms of population (over 32 mln. inhabitants) and second, after Kazakhstan, in economic development. more »

New Cash Management.iQ Simulation Tool

One of the most demandable requirements for intelligent cash management is flexible system setup. more »

TransLink.iQ awarded the gold medal as Product of the Year’2018

The software solution for transaction routing and management of payment terminals network TransLink.iQ, developed by ASHBURN International, owned by the Penki kontinentai group, received the gold medal of the annual Lithuanian Product of the Year competition. more »

New product Cash-In Box.iQ for self-service cash collection of retailers

An elevated interest for retail self-encashment is one of the leading cash management trends in 2018. more »

BS/2 in TOP 10 Banking Tech Companies in Europe

The company Penkių kontinentų bankinės technologijos (BS/2), belonging to the Penki kontinentai group and specializing in software and hardware for financial organizations and retail, is listed in Top10 European banking technology companies according to the Banking CIO Outlook ranking. more »

Penki Kontinentai image film about the people who create the tomorrow’s technologies today

The Penki Kontinentai is one of the leading international corporations in Lithuania and abroad. The group of companies creates and implements high-tech solutions that change the daily lives of many people. more »