POSPAY – a revolution in payments from Posnet and eService

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Posnet, a leading POS solutions provider and eService, market leader in the processing of cashless transactions, have concluded an agreement on mutual cooperation in the scope of offering devices and solutions for enterprises. The first result is the development and launch of the POSPAY solution, an innovative offer integrating the functionalities of a payment terminal, a cash register and a printer.

The main element of the POSPAY solution is the first mobile device on the Polish market, which is integrating a payment terminal, a cash register and a printer. It has been developed to meet the diverse requirements and needs of today's business. The device successfully meets the requirements typical for e.g. shops and points of sale, restaurants, as well as beauty salons, doctors' offices and law firms. Durable batteries, small size and the use of GSM mobile data or Wi-Fi network makes POSPAY can work anywhere. Thanks to this, it will be a convenient tool i.a. for a business based on mobility and work with an individual client, e.g. specialists working at the client’s, personal trainers, service providers, suppliers, as well as mobile food courts.
The main modules that make up the device are: a printer with display and sales application, developed by Posnet constructors and a modern Smart D220 payment terminal and an authorial payment application, the provider of which is eService. In addition to the possibility of mobile work, the feature that distinguishes the device is also open API enabling integration with any cash system.

The first POSPAY devices will hit the market in January 2019. Customers will be able to purchase them as part of an innovative offer combining the sale of a fiscal printer and renting a terminal. Thanks to this, the purchase cost of the device is significantly reduced.
Pursuant to the agreement concluded on November 28, 2018, POSPAY devices will be sold through Posnet's network of representatives. Customers will also be able to receive them with full co-financing of the terminal - as part of the Cashless Poland Program, of which eService is an active participant.

- Posnet’s state-of-the-art products and excellent distribution and service network have made it a leader in the Polish market. It’s a company that, like us, places great emphasis on implementing innovative solutions that help entrepreneurs run their businesses. We see eService and Posnet as natural partners, leveraging our respective expertise to provide merchants with industry leading integrated solutions. The success of such an undertaking requires close cooperation between the acquirer and the cash register provider. Today I can say that our companies have managed to do this – added Joanna Seklecka, President of eService Management Board.

- While preparing to launch our new product on the market, we were looking for a reliable partner in the cashless payment sector. eService stood out as the ideal partner for the launch of our new product due to its high quality services and market position. Furthermore, eService’s positive response to our new product has solidified our conviction that we want to develop this project with them– stated Robert Abramczuk, President of Posnet Management Board.

The development of the POSPAY solution and implementation of its market offer was possible thanks to the commitment and harmonious cooperation. Both companies see prospects for further development of solutions integrating cashless payments with cash devices, which makes them open to the possibility of extending cooperation. The cooperation of two experienced market leaders guarantees that all transactions made and registered using POSPAY will be implemented efficiently and safely.

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Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o. is the market leading payment technology and services provider in Poland. For 19 years, the company provides card transactions using VISA, MasterCard, American Express, Diners Club International, Discover, Union Pay or JCB, in stores and thousands of points of sale - mobile and stationary. It processes transactions from over 315 thousand payment terminals operating in Poland and 9 European countries. It supports contactless payments by phone and by using BLIK, G Pay, Apple Pay and similar systems. It allows to make payments in PLN and over 40 other currencies. As the only company in the industry, continuously since 2009 it guarantees safety and the highest quality of services, which is inspected and confirmed annually by the ISO 9001 Certificate issued by TUV. The company's distinction is also the largest in Poland - own service network and operating 24 hours a day, 365 days a year, the Merchant Service Center, supporting clients from Poland and abroad.

In addition to servicing payment terminals, the company offers a wide range of services and products, such as: mobile top ups, loyalty programs based on ZenCard technology and Bussines Intelligence tools, gift cards or cash withdrawals at the store - during shopping. It also provides services for the settlement of domestic and foreign internet payments, using both cards and transfers.

eService is an active member of the Cashless Poland Program. To make it easier for clients to obtain free terminals, eService launched the www.bezgotowki.pl

Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o., is a part of Nasdaq listed EVO Payments International (66%) and PKO BP (34%).

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POSNET POLSKA S.A. is one of the largest manufacturers and distributors of point of sale solutions in Poland. It is a Polish company, with over 25 years in the market. It has 6 branches in the country, employs over 250 high-class professionals, and sells its products through a network of 1700 authorized dealers and sales representatives. The company's products have already found over one million buyers. Among Posnet’s clients are leading multinational companies, such as Biedronka, Lotos, Media Markt, IKEA, Mc Donald’s, KFC, Hotel Sheraton, Hotel Marriott or H&M, as well as small and medium-sized enterprises. Posnet has a complete range of hardware for the commercial sector, which includes cash registers and printers as well as a wide set of peripheral devices. Posnet's products are characterized by high quality, functionality, innovation and elegant design. Posnet is the owner of the Lubelska Fabryka Wag - FAWAG and Krypton Polska. This company deals in construction of advanced solutions in the field of IT security. Numerous prizes are the evidence of Posnet’s recognition among clients and fiscal industry.

The company i.a. 11 times won the Client's Golden Laurel, honorable mention of the Ministry of Development and Finance and the Good Design 2017 prize. Posnet is also a strategic partner of Diebold Nixdorf in Poland (formerly Wincor Nixdorf) and distributor of equipment from companies such as Honeywell and Elo Touch System.