Spire Payments, Payneteasy and Cassby roll-out mPOS in Russia

Source: Spire Payments

Spire Payments team with Payneteasy to launch innovative integrated mPOS solution.

This is a white label solution that provides an SDK for IOS, Android and Desktop for payment acceptance.

This mPOS solution can easily integrate into an existing sales environment within one day, and includes contactless payments. The solution was designed for small and medium sized merchants who’d like to present card present payments for their customers. It also fits for big retail or HoReCa companies who want to equip their point of sales or delivery service with the devices that give customers the opportunity to pay using a variety of methods.

Payneteasy developed the payment application with the SPm2, utilising Spire Payments’ award winning mPOS Software Development Toolkit (inSPire). One of the projects that uses this technology is Cassby’s mobile cash register. Driven by the fiscalization of the Russian market, Cassby provides a fully accredited tablet-based till system which allows not only the secure acceptance of chip & PIN, contactless and NFC payments, but provides a powerful platform for hosting multi-applications to assist merchants in running their business. Comprising of a tablet, printer, cash-drawer and Spire Payments’ SPm2 (PCI 4.x accredited mPOS device) the solution can be installed and registered with the tax inspectorate in just 1 day. Either offered as a standalone solution (or integrated into an existing installation), the offering is proving to be extremely popular with merchants who want minimal disruption to their day-to-day business but understand they need to start accepting card payments.

Payneteasy is a technology company which specialises in the Fintech sector with activities spanning payment, security and integration. Kirill Zlatolisky CEO for the company comments on the project: ‘We are delighted with the collaboration with Spire and Cassby to deliver this much needed solution in the Russian economy. The capabilities of Spire’s SDK, SPm2 device and their significant experience within this fast growing Fintech sector were key considerations when selecting a partner. As for the selection of Cassby, their reputation in the till sector made the decision very straight forward.’

Mikhail Oshkin CEO Cassby: ‘These are exciting times for Cassby since the demand for card accepting till systems is growing exponentially within the Russian Federation due to the drive for fiscalization. The solution is extremely price sensitive, yet delivers a wealth of capabilities for the merchant. We look forward to developing the solution further with the integration of the SPm20.’

Tai- Kei Cheung, President Spire Payments: ‘We are extremely excited with this announcement since this is Spire’s first major mPOS project in the Russian Federation. Regional fiscalization is providing Spire with the perfect opportunity to leverage our flexible mPOS platforms and experience to rapidly gain market share. This project is an early indicator our aggressive geographical expansion plans are starting to gain traction.’

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