Fintaris Payment Solutions partners with Crane Payment Innovations

By Leandra Monteiro

Fintaris Payment Solutions, a member of the Al Shirawi Group of Companies, announced a strategic partnership with Crane Payment Innovations (CPI), a global leader in automated payment solutions. Fintaris is the authorised distributor of CPI’s range of products and services including Paypod™ pay stations, CPI’s all-new solutions for the retail market that automates cash payment at the point of sale.

Paypod solutions consolidate three highly-engineered technologies into a single unit that easily connects to any Windows® point-of-sale system to deliver simple payment automation. Every Paypod unit contains a CPI note recycler, coin recycler, and POSlinq™ interface software. Paypod note & coin recyclers bring multiple benefits, such as eliminating the need for daily cash reconciliation, streamlining retail operations, reducing shrink, removing hygiene concerns, and helping customers maximise their investment with a solution designed to evolve with the market.

Commenting on the announcement, Jan-Hinrik Bauwe, President, CPI said, “We are delighted to partner with Fintaris to distribute our state-of-the-art payment solutions in the Middle East. With the strength of Al Shirawi’s regional presence, we are looking forward to achieving great success with our innovative payment solutions in the Middle East through this exciting strategic partnership, starting with the roll out of Paypod™ pay stations.”

Mark Youssef, President, Crane Co. Middle East and Africa – FZE, concurred, “As part of the Al Shirawi Group of Companies, with whom we have been associated since 2014, and who are known for their world class operations and attention to service excellence and customer satisfaction, Fintaris is well placed to represent us and we look forward to a highly successful roll out of Paypod™ pay stations and our other innovative products through this exciting new strategic relationship.”

Navin Valrani, Vice Chairman and Group Managing Director of the Al Shirawi Group said, “As a Group we are constantly evolving our processes and making them more sustainable to lead the way in the digital transformation era. Given our longstanding association with Crane Co., this agreement is one such step, to become established as regional experts in cash automation.”

Pramodh Idicheria, Chief Operating Officer, Al Shirawi Group’s Engineering Services added, “At Al Shirawi Group, we pride ourselves on our affiliations with the best international partners, bringing the most cutting edge technologies to the Arab world. As a full-fledged payment solutions provider, Fintaris couldn’t hope for a better partner than CPI, the leading global provider of first-class payment solutions, and we are excited to work together in bringing cash automation to the region.”