From 2025, Germany will require its companies to no longer issue paper invoices, but only electronically. From 2028, there will be no more exceptions even for smaller businesses. Consumers are already open to this change. Six out of ten want their e-invoices to be delivered to their bank account in order to pay them immediately. This is supported by a survey conducted by the fintech company Paycy among 2,048 German citizens aged 18 and above.

The bank account as a mailbox? A clear majority of Germans like the idea and would prefer to receive electronic invoices in this way. The invoices can be viewed and approved through the app or online banking. Then the bank transfers the money to the sender of the invoice, who is supposed to receive the requested amount. Each invoice is then linked to the corresponding payment, making it easy to find. This process is called Request to Pay.

“The bank account becomes a digital document folder for everything that is important,” explains Bettina Rose, CEO at Paycy, a platform that offers Request to Pay for banks. “As a customer, I no longer have to search for a long time to see if and when I paid an invoice. All documents are digitally stored in online banking or the banking app.”

52 percent of the respondents consider it important that such a service works especially in online shops. This may also be due to the fact that many people can hardly trace which debit belongs to which purchase. 68 percent say that this has annoyed them at least in their recent purchases. Another 55 percent are annoyed that it is not always immediately clear who is behind the many payment services offered during online checkout. With Request to Pay, it is their own bank. One in four consumers would even switch their main bank for Request to Pay.

Almost half would even be willing to allow their bank to read the contents of incoming invoices. In return, customers want additional value or extra offers, such as financing, instalment payments, or the option to pay later (“Buy now, pay later”). “Banks now see for the first time that an invoice is to be paid and not only after something has been paid,” says Bettina Rose. “Classic bank products can be built on this. This applies to both consumers and corporate customers. Because Request to Pay also allows additional data to be provided with outgoing invoices, largely automated factoring would even be possible.”

The CEO of Paycy also expects Request to Pay to establish itself at the point of sale, especially for products where keeping an invoice is desired, such as for a warranty. 46 percent of potential customers say that they would like to pay in retail stores in this way. Authorities are almost equally popular at 45 percent. However, customers also want to ensure that there is no proliferation. The service should comply with uniform standards, work in the EU, and be supported by the German banking industry – all of which is already the case.

Request to Pay is a European payment scheme that applies EU-wide. In addition to the European Payments Council (EPC), the Berlin Group also provides an RtP format.

About the Survey In May 2024, 2048 individuals aged 18 and above in Germany were surveyed about their opinions on payment. The survey was based on online interviews with members of the YouGov Panel Germany. All results were weighted and are therefore representative of the population aged 18 and above in Germany.

Wero, the new European payment solution developed by the European Payment Initiative (EPI) will be available to Computop customers from the moment it launches e-commerce payment in mid-2025. Computop, the leading payment service provider, will integrate the payment method, which is based on real-time credit transfers (SEPA Instant Payments), in Q4 2024. While payments between individuals will be available in 2024, online retailers will be able to offer wero payments by mid-2025.

Simple Merchant Integration

The new cross-border payment method, which is initially launched in Germany, France and Belgium, will be available to merchants for the most important technical connections through the Computop Paygate payment platform.

All APIs, as well as the preconfigured Hosted Payment Page, will enable payments with wero without the need for major development. Retailers who are interested can register now for the pilot phase in Q4 2024.

Wero transactions will usually be carried out by the customer in the bank’s own app or in the new wero wallet. Merchant apps will also be enabled to use wero payments in the future, while the payment process in desktop e-commerce will be triggered by QR code.

Wide availability for multiple countries

Wero will be available to customers of all banks participating in EPI as it is launched to merchants. In addition to savings banks and co-operative banks, these include BNP Paribas, Deutsche Bank, Postbank, ING, Société Générale, KBC, Fortis, Belfius, Crédit Agricole, Crédit Mutuel, BPCE, and La Banque Postale. wero will be available to around 85% of all bank customers in Germany, France and Belgium.

Merchants will benefit from the new payment method being expanded after the online launch, to include use in bricks-and-mortar retail and numerous other functions. These include reservations and refunds, so that a scope of services similar to that of the debit card can be achieved, with ‘payments without a terminal (scan and go)’ also added. Over time, additional value-added services like integration of merchant loyalty programs and BNPL will be integrated.

Stephan Kück, Managing Director of Computop, emphasises: ‘With the integration of wero, Computop is once again involved in the market launch of innovative payment methods and is therefore securing a competitive advantage for its merchants. As EPI will be structured as a four-parties scheme that is similar to credit card payments, merchants benefit in particular from the multi-acquirer concept of our payment platform. Another strong advantage is the unique merchant integration for multi-country merchants’

Martina Weimert, CEO of EPI: ‘Our collaboration with Computop marks the beginning of our e-commerce journey with wero, which will complete the payment scheme to be offered by the solution in the future. We’re pleased of this first agreement that will allow merchants to project themselves with a new payment scheme that fits their needs and the customer ones of easiness, security, service-offering and cost-effectiveness for both parties. We’re happy that Computop joins us empowering our European solution in our journey of setting up a real alternative to international solutions. Many more steps to follow…!”

Commerz Globalpay, a joint venture between Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Commerzbank (FRA: CBK), the leading bank for small and medium size German enterprises and a strong partner for corporate clients and private and small-business customers in Germany, today announced that it now enables its merchants in Germany to seamlessly and securely accept in-person contactless payments with Tap to Pay
on iPhone through its GP tom app.

Tap to Pay on iPhone accepts all forms of contactless payments, including, credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the GP tom app — no additional hardware or payment terminal needed.

At checkout, the merchant will simply prompt the customer to hold their contactless credit or debit card, iPhone or Apple Watch to pay with Apple Pay, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology. Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep the business’ and customer’ data private and secure. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.

With Tap to Pay on iPhone, Commerz Globalpay opens up yet another range of possibilities for merchants to run and grow their business more effectively and efficiently. Merchants now have the opportunity to choose where, when and what technical setup they want to use, providing more ways for consumers to pay the way they want.

“This new functionality is another important milestone in our efforts to provide innovative omnichannel payment solutions to our merchants, enabling them to bring more customized offers to their customers,” said Igor Žganjer, Chief Executive Officer, Commerz Globalpay.

“We are delighted to offer this new feature and be one of the first providers in Germany to offer Tap to Pay on iPhone to merchants via our GP tom app.” Tap to Pay on iPhone enables Commerz Globalpay customers to use a contactless payment acceptance solution that is easy to set up and use. Merchants will be able to unlock contactless payment acceptance through the GP tom app on an iPhone XS or later running the latest version of iOS, and can simply download the GP tom app from the Apple App
Store to start accepting contactless payments within minutes.

PastPay has been crowned the winner of this year’s Startup Competition at the prestigious Unchain Festival. This recognition is a testament to PastPay’s commitment to innovation, which drives them to not just follow trends but create them in the region.

For two exciting summer days, Oradea became the epicenter of financial innovation, hosting leaders and visionaries in the beautiful and historic medieval fortress. The Unhcain Award celebrates groundbreaking achievements in digital banking and fintech solutions, honoring those who redefine banking paradigms with a focus on customer-centricity, accessibility, and technological innovation. In this year’s startup competition, 24 companies presented their solutions to a jury of VC investors, banking leaders and financial experts.  

In a tough competition PastPay, the CEE’s leading B2B BNPL solution emerged victorious. PastPay revolutionizes business transactions by offering merchants instant revenue and enabling them to offer flexible payment terms to their business customers. With features like automated risk management, seamless integration and APIs, and multi-currency support for international transactions, PastPay enhances cash flow, boosts sales, and improves the overall payment experience. Currently, over 170 B2B merchants offer their customers PastPay as a payment method.

“At PastPay, we are excited about the future of fintech and particularly its role in B2B commerce. Only because B2B merchants are less known than their B2C counterparts doesn’t mean their buyers don’t deserve the same customer journey-enhancing features. We believe that BNPL has its true potential in B2B.” – shared Benjamin Berényi, Co-founder and CEO of PastPay.

Bluecode, the European payment brand, has entered into a strategic partnership with Viva.com, Europe’s first technology bank for payments powering acceptance on any device across the continent. The partnership will enable merchants, including marketplace operators, to accept Bluecode payments in all 15 Eurozone markets in which Viva.com operates, optimizing customer experience and loyalty.
Through this partnership, Bluecode and Viva.com are driving digital QR code payments adoption, providing consumers in Europe with a simple, and convenient way to pay. Bluecode, a leading brand for QR code payments in Germany and Austria, offers users a fast and secure way to make purchases with their smartphone via the Bluecode App or any Bluecode-capable app. Viva.com brings Bluecode QR payments to both online and in-store environments. Its Tap on Any Device technology, featuring the agnostic Terminal app, and Smart Checkout online payment gateway, intersect for a faster and smoother checkout experience. Bluecode users benefit from a purchasing experience that takes only seconds, whereas merchants can directly offer customers a wide variety of value-added services such as discounts or stamp cards. Bluecode is the latest addition to Viva.com’s extensive line-up of payment methods, currently at 40+, including all international card schemes and direct connectivity to dominant local card schemes and methods.

“This is another big step for us in expanding the Bluecode network with a strategic pan-European player. We are very pleased to further expand digital payment in Europe, together with Viva.com,” says Bluecode CEO Christian Pirkner. “Together with Viva.com, we will continue to revolutionize the way people pay in Europe. At the same time, we are making it easier for merchants to accept digital mobile payments.”
“Viva.com continuously expands its bundle of payment technologies, products, and features to enable European businesses’ growth. At the core of this endeavor lies our ever-expanding line up of payment methods and strategic partnerships, including direct connectivity with local QR payment leaders, such as Bluecode. Through this collaboration we aim to go-to-market jointly, both at the enterprise level and the SMEs market segments, contributing to businesses’ customer service excellence across Europe,” says Harry Xenophontos, Chief Partnerships Officer at Viva.com.

Bluecode and Viva.com at Marketplaces’ Service

This partnership makes Bluecode marketplace-ready. As a cloud-based provider, built in-house on Microsoft Azure, Viva.com can easily and quickly embed its advanced payments platform into marketplaces, i.e. platforms on which multiple merchants operate. As a result, restaurants, retailers or other providers on these marketplaces are automatically able to accept Bluecode payments. “We are particularly looking forward to seeing Bluecode being used by operators of marketplaces. Bluecode as an open payment system can be integrated easily into marketplace apps and thus greatly improve the checkout experience for end consumers and merchants,” says Mario Linzbauer, Chief Partnerships Officer at Bluecode.

SurePay, the leading provider of the IBAN-Name Check, Confirmation of Payee (CoP) and Verification of Payee (VoP) to over 100 banks, has announced the expansion of its services to a European and global scale through a strategic agreement with Swift and the following integration of Swift’s Payment Pre-validation service.

SurePay’s collaboration with Swift will provide banks with a broader validation network, boosting the security of financial transactions. SurePay’s tried and tested Verification of Payee Name Matching solution will seamlessly operate domestically and cross-border, empowering European, British and global banks to pre-validate international payments.

“At SurePay, we’re committed to having the technology in place to protect our customers from fraud, misdirected payments, and unnecessary and costly friction. Swift’s strategy to enable instant and frictionless payments and SurePay’s commitment to providing the best-in-class Name Matching solution make for a powerful partnership. We look forward to continuing our mission and journey globally alongside Swift,” said Bridget Meijer, Manager New Markets and Partnerships.

Forging the path to reduced friction in payments

Launched in 2017 SurePay offers real-time verification of IBAN and beneficiary names based on live data sources to validate key payment information before initiating a transaction. The service was developed for Payment Service Providers (PSPs) to add a crucial layer of verification and risk mitigation to financial transactions. It prevents fraudulent activities, scams and accidental misdirection of payments, providing users with clear guidance on the accuracy of their payments.

Swift’s Payment Pre-validation service with Beneficiary Account Verification (BAV) complements this capability, taking SurePay’s services to the global level. Swift leverages cutting-edge API technology to route the requests and responses on the European and global scale. This proactive approach significantly reduces errors in cross-border payments and enhances predictability, eliminating payment friction, operational costs and fostering a secure financial environment.

“Simple mistakes are the cause of huge delays in cross-border payments. Swift’s Payment Pre-validation solution utilises local CoP/VoP responses and the pseudonymised and aggregated data from across our network to ensure beneficiary information is correct before a payment is executed. With Europe adopting instant payments regulation that includes a requirement to pre-validate beneficiary account information, interoperability between confirmation of payee systems is a simple way to maintain compliance and ensure the smooth and scalable flow of pan-European and cross-border payments,” said Thomas Peeters, Head of Benelux, Nordics and Baltics at Swift. 

Enabling secure global payments

SurePay will leverage Swift’s extensive network of 11,500 institutions across more than 200 countries to bring the benefits of its enhanced Verification of Payee service to a broader European and global audience. 

Focusing on improving the stability and efficiency of the financial sector, this collaboration ultimately supports the development of innovative products and services. SurePay customer Rabobank is one of the PSPs that has already integrated Swift’s solution into its Confirmation of Payee system to allow foreign banks to pre-validate payment data and vice versa.

“As a member of the Payment Pre-validation community, we at Rabobank understand the value we can bring as a data provider on the service. We’ve integrated Swift’s solution into our existing domestic Confirmation of Payee system, SurePay, to help banks beyond our borders pre-validate if their payment data is correct. Doing so greatly expands the impact that domestic systems can have in tackling fraud and reducing cross-border transaction friction and operational costs,” said Ton Versteeg, Specialist Payments/Market Infrastructures at Rabobank.

• For trade & production: The cloud ERP system from reybex is used in medium-sized (wholesale) trade, e-commerce and small and medium-sized production companies.
• GoBD-compliant cash register: The integrated POS cash register is GoBD-compliant and has a TSE interface. SMEs have their receipt and security obligations effortlessly under control.
• Payment included: Thanks to the new partnership with the German payment service provider secupay, all common payment solutions for webshops and POS are now already on board.

Both are agile, flexible, innovative and close to the customer – secupay and reybex are two owner-managed, German digital companies whose service ranges complement each other perfectly: customers who opt for the native cloud ERP from reybex can now also use secupay’s proven omnichannel payment solutions for their payment transactions together with the GoDB-compliant POS system without any technical or organisational effort. “Not only the portfolio and target groups, but also the values of reybex fit perfectly with secupay,” explains Patrick Frisch, Partner Manager at secupay AG.

The new cooperation is part of secupay’s successful business strategy of driving growth nationwide through suitable partnerships. In 2023, the German payment specialist has put together a professional and experienced team for strategic partner management and has already acquired renowned partners. “Success needs the right partners,” Frisch continues.

Efficient processes from purchasing to checkout

As a specialist in ERP software, short for enterprise resource planning, reybex ensures efficient processes for medium-sized users from the retail, e-commerce, trade and manufacturing sectors – target groups that secupay also addresses with its flexible payment solutions. Together with the digital ERP system from the cloud, many users also utilise the GoDB-compliant cash register function with TSE interface. The cloud checkout is fully integrated into the ERP system and therefore directly connected to merchandise management, warehousing or financial accounting. Omnichannel strategies or services such as Click & Collect can therefore be easily implemented.

Automated processes and personalised service

To expand its comprehensive range of ERP services, reybex was looking for a reliable and experienced payment processing partner. They selected secupay – like reybex, an owner-managed company with high agility and a strong customer focus: “From now on, our customers will benefit from our joint strengths: We are seamlessly bringing together a fully-fledged and modern, 100% native cloud ERP solution and user-friendly payment processes. A win-win situation on all sides, but especially for our joint customers,” says Selcuk Acar, Managing Director at reybex. Users of the ERP system who value secure payment services “made in Germany”, excellent availability, fair and transparent conditions and German-speaking customer service can now easily activate payment processing by secupay as an option. “We are thus adding another service to reybex to free companies from time-consuming tasks through smart and automated processes,” says Acar.

Navigating the Transformed Digital Commerce Landscape in the New Year

As we look ahead into the new year, we find ourselves at the forefront of a transformed digital commerce landscape. The lingering effects of the Covid-19 pandemic have not only reshaped consumer behaviour but have also catalysed a surge in online retail activities. This trend, which took root in response to the pandemic, continued to gain momentum throughout 2023, placing unprecedented demands on both the Retail and the Logistics and Fulfilment sectors.

The digital shift has not only changed the way consumers discover, research, and purchase products but has also significantly impacted the supply chain dynamics. This shift has intensified the need for retailers to seamlessly operate both physical and virtual stores, thereby giving rise to an era of omnichannel retailing. In this evolving landscape, companies are grappling with the intricacies of managing diverse sales channels, navigating complex inventory management systems, and optimising distribution networks.

Unveiling Africa’s Online Retail Market Dynamics: Projections and Strategic Insights

In the context of Africa’s online retail market, projections, and statistics for 2023 and beyond reveal a compelling narrative.

According to Statista.com , the revenue in the E-commerce market in Africa is forecast to continuously increase by 19.7 billion U.S. dollars (+75.74 percent), between 2023 and 2028.

The heightened demand from consumers has, in turn, placed increased expectations on the Logistics and Fulfilment sector. Delivery times are under scrutiny, with consumers now expecting faster and more efficient services. This shift in consumer behaviour has fuelled the need for a more personalised and refined fulfilment experience, further emphasising the importance of a well-orchestrated omnichannel approach.

As retailers in Africa navigate these dynamic market forces, the role of reverse logistics has become increasingly integral. Managing the return of goods is not only a challenge but also an opportunity for retailers to enhance customer satisfaction and loyalty. According to a survey by Invesp.com in April of 2023, effective reverse logistics can contribute to a 92% increase in customer loyalty, showcasing the strategic importance of this facet within the multi-dimensional supply chain.

In conclusion, as Africa’s online retail market continues to evolve, retailers are presented with both challenges and opportunities. The imperative to adopt a comprehensive and innovative supply chain approach is clear, with digitalisation playing a pivotal role in meeting the rising expectations of consumers and driving sustainable growth in the years ahead.

Exploring Opportunities at Converge Africa 2024: Fulfilment and Logistics Sessions Unveiled

Attendees of Converge Africa 2024 will gain access to insights and knowledge that will enable them to tackle the various challenges and opportunities within the African Market. The agenda has a number of valuable Fulfilment and Logistics sessions, including “Mastering Last-Mile Excellence: Strategies for Optimising Delivery in Ecommerce”

In this session, our expert panel will explore cutting-edge solutions as they discuss and deep dive into advanced route optimisation, real-time tracking, and efficient logistics collaborations. Attendees will learn how to navigate the unique challenges of South African roads with a reliable vehicle fleet and discover the power of data analytics in predicting demand and tailoring delivery approaches. From innovative technologies to strategic warehouse placement, our experts will share insights on enhancing customer experiences and building successful partnerships within local communities.

All of this and so much more will be discussed at Converge Africa 2024 taking place in Cape Town, South Africa, from 22nd-24th April 2024 at the CTICC.

This event offers the ideal opportunity for Logistics and fulfilment solution providers from around the world to enter the African market, meet new buyers, and be a part of this booming sector.

For more details and information visit the Converge Africa Website

Operators of EV charging stations need payment processes that can fulfil card payment requirements and enable seamless integration into their apps. Computop, the international payment service provider (PSP), has today introduced Pay to Drive, an integrated solution for charging stations and ‘Pay@Pump’.

MOBILITY NEEDS FLEXIBLE PAYMENT

Thanks to the connection to the Computop Paygate platform, the payment options in Pay to Drive can be configured entirely according to the operator’s needs. Apple Pay with girocard, Google Pay or the new Click to Pay credit card option are available on the smartphone. In addition, the typical payment methods from online retail can be accommodated as well as popular local payment methods such as Swish in Sweden, Twint in Switzerland or Blik in Poland. The modern IM30 vending machine terminal accepts payment methods such as Apple Pay, Google Pay, credit card or local debits.

Companies in very different areas of the automotive and transport sector use payment solutions from Computop. These include DeLijn / Belgium and BONNsmart in public transport, TollCollect for HGV tolls, Mercedes Pay for in-car payments and Compleo for EV charging. Computop offers customised in-app payments through to the hosted payment page, a standardised payment platform, and a choice of over 50 acquirer connections. In Germany, Computop supports girocard online payment (for example at Christ.de and Mediamarkt) for charging station operators that need a fast and efficient connection in this strong growth market. The use of tokenisation makes card payments particularly secure, with the expiry date of credit cards being updated automatically. A cash back function also makes it possible to pay out cash, for example at petrol station checkouts.

Ralf Gladis, CEO Computop, emphasises: “Electromobility is growing rapidly internationally. That’s why we believe we are perfectly positioned for e-charging providers with our numerous local payment methods and strong services in the background. Our new partnership with nexi, which has already acquired major customers in this area, further strengthens our offering. With Computop Pay to Drive, we have another flexible industry solution in our portfolio.”

Computop will demonstrate the new solution at the forthcoming UNITI conference in Hamburg, Germany.

JACCS International Vietnam Finance Company Ltd. (JIVF), a prominent Japanese name in Vietnam’s credit finance sector listed among the Top 20 of “Vietnam’s Leading Famous Brands”, has announced a strategic fintech transformation in partnership with OpenWay.  JIVF completed the transition of its credit portfolio, migrating to OpenWay’s Way4 digital payment software platform. This step solidifies the company’s quest for leadership in the market and emphasizes its firm commitment to quickly launching unique payment services and ensuring a digital-first customer experience.

Mr Taniguchi Noboru, General Director of JIVF, shared, “Our partnership with OpenWay has transformed our business. The new JIVF payment system built on the highly configurable Way4 platform with its integrated online back- and front-office operations, ensures a digital-first customer experience. We’re now equipped to offer more options faster for our customers.“

Rudy Gunawan, Managing Director of OpenWay Asia, added, “At OpenWay, our clients’ needs always come first. We truly appreciate our collaboration with the JIVF team and are proud of the work we achieved together, especially during the challenging migration of three billing credit card cycles and the handling of unstructured data within a tight timeframe. Our commitment goes beyond providing advanced technology; we ensure local support backed by global expertise through our hubs in Vietnam, Asia, and all over the world.“

JIVF’s migration to the modern Way4-based payment platform represents a significant milestone, facilitating the rapid launch of customized credit products and seamless cross-border payment solutions. This transformation opens up new avenues for innovation, adaptation, and scalability, allowing JIVF to swiftly introduce a range of distinctive services around payment cards, digital wallets, and Buy Now, Pay Later (BNPL) options. 

OpenWay is renowned for its exceptional software solutions in card issuing, merchant acquiring, and payment switching, scalable across any geography. It stands as a trusted global partner for tier 1/2 financial institutions and ambitious startups. Companies who have transitioned to Way4 find themselves at the forefront of innovative digital payments with accelerated product launches and a substantial surge in transaction volumes. Way4, functioning as a genuine online payment platform, delivers a fully end-to-end, digital-first customer experience. Its unique payment core ensures seamless online accounting and the high availability of JIVF’s systems.

Sathapana Bank has migrated from several disparate CMS and switch systems into a single infrastructure powered by Way4, OpenWay’s best-in-class digital payment software platform. This platform has simplified operations and technical support for the bank’s payments business. The Way4 technology stack, featuring end-to-end online payment processing functionality and a rule-driven, digital-first approach, has enhanced the bank’s flexibility and enabled a faster rollout of Mastercard credit cards.

Sathapana Bank, a leading commercial bank in Cambodia, is celebrating the launch of its new Sathapana Mastercard credit cards. These cards bring to customers the convenience and flexibility of the Mastercard priceless™ experience, with 1,000 unique benefits at over 90 million merchants worldwide. Besides global accessibility, Cambodian consumers gain a range of cashback rewards and special offers from hundreds of e-commerce and in-store merchants within their country. 

This milestone was reached after successfully migrating the bank’s fragmented payment infrastructure, inherited from two financial institutions, to OpenWay’s best-in-class Way4 digital payments software platform. Way4 functions as a genuine online payment solution with complete functional coverage, and it is rule-driven, ensuring a digital-first, fast-to-market approach that is proven by the global and local experience of the OpenWay team. The complete migration of Sathapana’s card issuing and merchant acquiring portfolio was accomplished in a record time of 6 months. 

The new top-rated, innovative platform allows Sathapana Bank to optimize its operations and double its card issuing business while expanding its acquiring processing capabilities. Sathapana Bank is now serving 25% of all Cambodian businesses, encompassing MSMES, SMEs and corporates, which testifies to the reliability and usability of its Way4-based offerings.

Mr. Fung Kai Jin, CEO of Sathapana Bank, stated: “We selected OpenWay because we need a reliable and secure payment technology partner with strong experience and customer support. This is essential to pursue our digital payment ambitions and deliver on our promise to deliver everyday banking convenience to our customers.”

Rudy Gunawan, Managing Director of OpenWay Asia, commented: “We are grateful to Sathapana Bank for their trust and proud to partner with them in delivering the best payment products to their customers. We are committed to continually providing the highest standards of financial services to our clients.” 

From 07th to 08th November 2023, the Technology Days (EHI) took place at the World Conference Center, Bonn. With the VAS Cloud, SHC Group has developed a cloud-based, vendor-independent and highly innovative POS solution, which the SHC team presented with live demos at booth 39. 

At the Technology Days at booth 39: Information about the VAS Cloud

At this year’s Technology Days in Bonn, topics such as artificial intelligence, POS and checkout processes and cybersecurity were the focus of discussions for around 550 participants. In addition to presentations and discussion panels, visitors had the opportunity to find out about new trends and products at numerous booths.

At EHI, the SHC team was available at booth 39 with the VAS Cloud for questions and discussions. The latest innovation for the point of sale – the SHC VAS Cloud – was presented here with live demos on its versatile applications.

Do you want to:

• Be at the forefront of innovative, digital offerings at the point of sale?
• Attract additional customers and develop new revenue streams from digital services?
• Avoid lengthy, expensive implementations & certifications of new services and features in your payment infrastructure? 
• A fast and lean introduction or upgrade of existing value-added services?
• Vendor-independent, cloud-based solutions that can be operated on all devices at the point of sale? 

Become part of the POS revolution! 

About the Technology Days (EHI)

The Technology Days will take place on 07 and 08 November 2023 at the World Conference Center in Bonn and are the technology highlight for decision-makers from the retail industry.

Here, experts will report and discuss on-site about the latest developments around artificial intelligence, process automation, seamless checkout, cybersecurity and sustainability. There will also be numerous opportunities for networking at the booths. 

Gender note:

For better readability, we often use generic masculine for personal names and personal nouns in press releases. Corresponding terms generally apply to all genders. The abbreviated form of language does not imply any valuation.