iVeri accelerates expansion into physical payment acceptance by investing in TouchPoint Payments – a supplier of payment terminals and services, software development and end to end field support.
iVeri Payment Technologies (iVeri), announces an investment into TouchPoint Payments. This investment will immediately allow iVeri to increase its market in physical card acceptance while TouchPoint will benefit from iVeri’s established market position. The management of TouchPoint will remain unchanged.
TouchPoint develops applications for terminals, and also provides for the ongoing support of payment terminals. The first effect of this investment will be the integration of Touchpoint’s products with iVeri’s Payment Gateway. “This investment will allow us to enhance the multi-channel offering we provide to our customers in that we can now offer the acquisition, development, deployment and support of their terminal base”, said Barry Coetzee, CEO, iVeri.
“Besides the traditional Point of Sale applications that accept credit and debit cards at merchants, we also have Branch applications which allows typical bank branch transactions to be performed in real time on a standard payment terminal”, says Quintin Stephen, CEO, TouchPoint.
Well done to Barry and his team on this one!
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