News from the Wire

Spire Payments signs 5-year deal with Nets Merchant Services

Thursday, January 26, 2017 — 11:14:10 (EST)

Salisbury, U.K., Jan. 26, 2017 -- Spire Payments (a market-leading Fintech payment solution provider) announces today the signing of a five-year contract with Nets Merchant Services, a leading European payment provider. The 5 year deal will see Spire Payments supplying its latest range of POS solutions. This significant milestone comes shortly after the announcement that both companies collaborated to launch an innovative Bluetooth Low Energy (BLE) acceptance device to be deployed as an upgrade to tens of thousands of Nets POS terminals across Denmark. Utilising a smartphone-based mobile wallet, Dankort cardholders will benefit from an enhanced and seamless purchasing experience.

Nets selected Spire Payments’ product range as Spire is recognised as an innovator within the Fintech sector, offering a complete range of state-of-the-art, fully-certified payment solutions. Combined with this is the company’s ability to deliver a comprehensive award-winning service proposition based on an innovative and secure open Linux application architecture (allowing the same approved application to reside on the entire product suite) together with the reassurance of estate security and longevity (thanks to the latest industry certifications, including PCI 4.x).

Nets is a Nordic-based leading Fintech company which specialises in digital payments across multiple platforms and serves market sectors including banking, business, public sector and consumer. Having traded for over four decades, Nets has been instrumental in developing a modern payment infrastructure with the introduction of a number of successful payment products to the Nordic region, including Dankort, Betalingsservice, NemID, BankID, AvtaleGiro and BankAxept.

Kazem Aminaee, CEO and President of Spire Payments adds, “This announcement represents a major milestone in Spire Payments’ continued growth and industry recognition within the Fintech sector. Our latest range of payment solutions and innovative product roadmap was a key factor in us winning this prestigious business and will ensure Nets and their customers benefit from the latest developments within payments.”

About Spire Payments

Transaction.Interaction.Convergence

In a world of converging technologies in which e-commerce, mobile commerce, and social networks cross over into traditional electronic payment, Spire Payments applies its thirty years of expertise to bring to market innovative, highly secure and future-proof devices and solutions that promote seamless payment transactions to all end-points around a user experience that is both interactive and rewarding. Spire Payments, a market payment solution provider, is one of the original pioneers to develop world-class secure electronic payment solutions - from fixed, portable and mobile payment solutions to PIN pads and unattended terminals for integration with cash register systems and self-service kiosks.

Serving market segments ranging from the financial and retail to hospitality and transportation, and with offices in Spain, the UK, the Czech Republic, Russia, Jordan and Dubai, Spire Payments is a forward-looking alternative to traditional payment terminal suppliers. With some of the world’s top financial and retail organisations among its customers, the Spire Payments team will always be at the forefront of progress in electronic payments.

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Source: Company press release.