Spindle, Inc. ( OTCBB : SPDL ), a major provider of mobile payments solutions, today announced they have entered into an agreement with NCR Corporation to re-sell NCR Silver, a mobile point-of-sale (POS) system, to small- and mid-sized businesses.
Combining the Spindle mobile payment platform with NCR Silver enables businesses to manage POS activities, including inventory management, sales data and other analytics from iOS smartphones and tablets.
As part of its relationship with NCR, Spindle will offer NCR Silver through its distribution channel along with Spindle's mobile commerce platform that includes mobile payment, loyalty and rewards redemption and merchant-specific alternative payment types.
"NCR clearly recognizes the growing role that mobile commerce plays in the retail and hospitality industries, as well as other vertical markets," said Bill Clark, president of Spindle. "They are taking a leadership role in driving the evolution of mobility into the POS space. We're proud to be associated with this global leader and look forward to working with them to deliver an advanced mobile commerce solution that will meet the evolving needs of small- and medium-sized merchants."
"The combination of NCR Silver and Spindle technology is an impactful development for merchants that are looking to maximize their POS investments," said Stephanie Atkinson, president of Compass Intelligence, a leading market research firm that specializes in mobile commerce. "The addition of a flexible mobile payments solution to the NCR Silver infrastructure creates a creative enhancement for legions of small merchants. We anticipate that this comprehensive solution will be particularly attractive as more and more businesses look to seamlessly integrate mobility into their POS systems."
"We're delighted Spindle has chosen to combine their offerings with NCR Silver to support the growing number of small businesses looking for mobile payment solutions," said Christian Nahas, vice president and general manager of the NCR small and medium-sized business group. "Spindle's mobile payments platform complements the NCR Silver architecture and provides Spindle's distribution channel with a compelling offering for meeting the needs of today's small businesses and their customers."