westpay

Sten Karlsson, CEO of Westpay

Westpay has signed a four-year agreement with Loomis with an aim to enable the availability of enhanced digital payments solutions to retail customers across Finland, Sweden and eventually the rest of Europe.

“The partnership allows us to reach new markets and will enable Loomis’ customers to benefit from unified and improved management of payments, regardless if its cash or cashless,” says Sten Karlsson, CEO of Westpay.

According to the fintech, Westpay will be supplying Loomis with payment solutions for developing cashless and on-site transactions, through its Android-based payment terminals, Carbon.

Recently, Westpay has signed an agreement with German digital payments specialists, Wirecard, for a long-term partnership to extend their digital solutions to customers across the Nordics, further Europe, and South Africa.

Established in 1852, Loomis is a provider of cash management and cash optimization solutions and uses cutting-edge technology and unmatched service and expertise to improve efficiency, reduce risk, and increase profitability for a wide variety of clients.

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by Megha Bhattacharya
Market Analyst at IBS Intelligence
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