Vectron and epay announce cooperation
press release: Vectron and epay announce cooperation Martinsried (Munich),…
“The breadth of possible cash-based payments and the large portfolio of prepaid and gift card products with internationally renowned brands is a valuable addition to our offer”, explained Thomas Stümmler, co-founder and director of Vectron.Both companies see further potential in the cooperation through the access to new sectors and therefore, in the medium term, also to new considerable sources of Revenue.
“For epay the cooperation offers numerous opportunities such as the opening up of new markets in the field of catering and bakery sector, where Vectron holds a leading position in Europe with more than 200,000 cash registers in this segment”, explained Marc Ehler, managing director of epay Europe.Meanwhile, Vectron gains access to epay's thousands of different prepaid products. In addition, Vectron participates by the integration of the strongly growing alternative payment systems into the cash registers, which epay already activates worldwide. About Vectron With more than 200,000 installations, the listed company Vectron Systems AG is one of the largest European manufacturers of cash register systems in German-speaking countries and the Benelux countries in the catering and bakery sectors. Several hundred retailers distribute their products internationally. Digital Cloud Services are offered under the brand names myVectron and bonVito. The range extends from loyalty and payment functions to online reservation and online reporting. All services are directly connected with the cash register system, and ultimately the central Data Center. More information at www.vectron.de About epay epay is a world-leading full-service provider for payment and prepaid solutions and processed 1.15 billion transactions in 2018. The company has built up an extensive network of retailers with 719,000 point-of-sale terminals in 45 countries, to connect renowned brands with consumers all around the world. The company offers a portfolio of gift cards (prepaid, closed loop and gift cards), business incentives and payment solutions (card acceptance, terminals, e-commerce, mobile and Internet of Payment) for omnichannel commerce, and offers its services thanks to its proprietary cash register integration software. epay is a segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), a Kansas-based company which earned $2.5 billion in revenue in 2018, employees 7,100 employees and serves customers in 165 countries. press contact Vectron: Tobias Meister Vectron Systems AG Willy-Brandt-Weg 41 48155 Münster, Germany phone +49 (0) 2983 908121 mobile +49 (0) 170 2939080 fax +49 (0)251 2856-560 tobias.meister@vectron.de www.vectron.de press contact epay: Jana Weisshaupt PR & Communications epay - transact Elektronische Zahlungssysteme GmbH Fraunhoferstr. 10 D-82152 Martinsried +49 89 899643-499 j.weisshaupt@epay.de www.epay.de