back Back

Magnati enters payment partnership with Oxinus Holdings

By Delisha Fernandes

January 04, 2024

  • Cards
  • Cloud
  • digital payment

Magnati, Sheikh Shakhbout Medical City, healthcare payments, cards, e-wallets, digital payment, digital transformation, Fintech news, Fintech Abu DhabiMagnati, a Middle East-based payment solutions company, and Oxinus Holdings, an Abu Dhabi-based technology group, have announced a strategic collaboration to enhance the payment landscape within the food and beverage (F&B) sector.

This collaboration integrates Oxinus’s POS solution, Spotlight, with Magnati’s seamless payment processing to offer a unified and enhanced experience for F&B businesses.

Ramana Kumar, Chief Executive Officer of Magnati, said, “Collaboration breeds innovation, and through our association with Oxinus Holdings, we are committed to transforming payment solutions for the food and beverage industry. This platform will empower businesses and revolutionize the way payment transactions are managed. Together, we aim to set new standards in efficiency, security, and customer experience and provide a unified experience to businesses.”

Spotlight, with its user-friendly interface, combined with Magnati’s secure payment processing, ensures a smooth and hassle-free point-of-sale experience for customers. This integration will create a notable product experience for F&B businesses by reducing manual, time-consuming tasks for staff, ensuring higher customer satisfaction, cost efficiency and faster payment processing.

Spiros PilafasChief Executive Officer of Oxinus Holdings, said, “We’re excited to formalize Oxinus´s collaboration with Magnati to transform the F&B industry through innovative technologies. Spotlight and Magnati share a forward-thinking approach, our collective goal is not merely to enhance the F&B transaction process, but to fundamentally reshape it. This alliance underscores our commitment to capture new markets and opportunities in the region.”

Oxinus Holdings is the force behind Spotlight, an all-in-one cloud-based Point of Sale (POS) system designed to streamline operations, boost revenue, enhance customer experiences, and efficiently manage the entire transaction ecosystem.

The software stands out as the only cloud POS platform that offers an ecosystem of solutions such as point-of-sale services, pay-at-table solutions, e-ordering services, reservation services, and e-ticketing services, all in one integrated platform. Magnati is dedicated to providing customers with secure and efficient payment solutions, providing value.


Previous Article

January 03, 2024

Circle secures Digital Asset Service Provider license in France

Read More
Next Article

January 04, 2024

YouTrip extends digital wallet limits and enhances payment security

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024


Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

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


SWiM PAY launches new instant digital payments feature

Read More


Mangopay & ManoMano simplify payments for marketplace sellers

Read More


FIS & Lendio launch ‘SMB Digital Lending’ to boost small business loan processes

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024