Lusis, a leading supplier of mission critical payments software today announced a major deal with Credit Agricole for its Tango LitePOS technology.
Credit Agricole will integrate the TANGO LitePOS solution into its global payment project in order to address payment requirements in any format across Europe. Credit Agricole Cards and Payments is a major European player in the payments space and its POS estate numbers approximately 300,000 terminals.
Deploying TANGO LitePOS across this estate will deliver maximum flexibility, scalability and reactivity to Credit Agricole's business. After a successful product trial over the past 12 months, the LitePOS solution for Credit Agricole, called TMS (Terminal Multi Services), is now ready for full roll out. TANGO LitePOS effectively splits a POS device into two component parts: firstly a local device and secondly a central terminal management server. By challenging the traditional POS terminal environment, it is now possible to offer a secure, more cost-effective, flexible and scalable POS environment for retailers.
Independent of terminal suppliers, LitePOS combines traditional payments services with value added services, such as gift cards, online loyalty, promotional offers and instalment payments, to create a complete, tailor made customer offering for retailers. LitePOS provides advantages to all participants in the value chain. The consumer benefits from a targeted loyalty program, immediate discounts and the ability for multi-channel payments acceptance.
The retailer benefits from being able to manage transactions and to add new services simply via a drag and drop feature through an online portal, thereby enhancing and reinforcing the relationship between them and their consumer. Finally, the overall flexibility of the solution provides the bank itself with better control over its terminals, increased market agility and the opportunity to capture further market share through offering innovative new services to its retailers.