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Magnati enters payment partnership with Oxinus Holdings

By Delisha Fernandes

January 04, 2024

  • Cards
  • Cloud
  • digital payment
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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.

 

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