back Back

Elavon and Softpay team up to offer SoftPOS solution

By Gloria Methri

March 27, 2024

  • Denmark
  • Elavon
  • Europe
Share

Softpay, Elavon, SoftPOS, Payment Solution, Card Payment Acceptance, Mobile Payments, FinTech, EuropeElavon, a global acquirer and payments specialist, has partnered with Copenhagen-based Softpay to offer a SoftPOS payment solution to its customers. The partnership enables Elavon customers across Europe to accept card payments using only their smartphones.

The technology allows merchants to turn any Android mobile device into a fully card-present payments terminal by simply downloading an application that integrates with the Elavon payments platform. No additional hardware is needed.

The SoftPOS solution allows small and new businesses to start taking payments instantly, allowing owners to focus on other important aspects of business management.

Hemlata Narasimhan, President in Europe at Elavon, said, “Enabling small business owners to take fast, simple payments to meet the needs of their customers—and, ultimately, get paid themselves in an efficient manner—is critical to their business growth. Our SoftPOS solution with Softpay does that.”

Elavon has payment technology partners and sales operations in all major European regions. It offers multi-language customer support and more than 130 currencies and settlement capabilities.

Martin Lansinger, Head of Sales, Nordics for Elavon, said, “Partnerships are fundamental to providing our technology partners and resellers with the solutions they need to meet the needs of their customers. We are pleased to work with Softpay on this solution, which will give small businesses across Europe the necessary tools to grow.”

Ivan Sandqvist, Softpay co-founder, said, “We are proud to partner with Elavon to deliver our Softpay SoftPOS solution to payment technology partners and resellers. Our Softpay app with Elavon’s merchant services enables these partners to deliver a revolutionary payment solution, completely off the shelf, without the need for expensive traditional payment terminals to their merchants.”

The solution is fully PCI-compliant and allows businesses to premediate the need to accept cashless payments under pending regulation in some European markets.

Previous Article

March 27, 2024

Worldpay partners with Mastercard to tackle chargebacks

Read More
Next Article

March 27, 2024

Epic River partners with Finastra LaserPro to streamline loan closing process

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

Denmark

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 12, 2024

FinTech Focus: Catch latest developments of the week

Read More

April 12, 2024

Parafin secures $125m warehouse facility from Silicon Valley Bank & Trinity Capital

Read More

April 12, 2024

TransferGo raises $10m in funding from Taiwania Capital Management

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023