LEAWOOD, Kan., Jul 21, 2010—epay, a division of Euronet Worldwide, Inc. and a leading prepaid and payments processor in the U.S., today announced its integration with Radiant Systems to offer its prepaid and payments program through the Radiant Point of Sale for Petroleum and Convenience Retail. The Spinx Company headquartered in Greenville, South Carolina was the first retailer to transact on this newly integrated platform.
The integration with Radiant allows any retailer using the Radiant Point of Sale to easily add the epay program to their existing system with no additional hardware or expenses. In addition to taking epay’s full product offering via the Radiant integration, retailers can now offer pay-at-the-pump functionality for proprietary gift cards. Retailers have been increasingly interested in offering their proprietary gift cards at the pump, as it is a cost effective alternative from credit cards and the corresponding fees charged to retailers.
“We are excited to complete this integration project in partnership with Radiant and Spinx,” said John Shaw, vice president of sales and account management at epay. “This integration offers more product functionality to consumers by offering proprietary gift card payments at the pump and will lead to additional enhancements such as loyalty programs to further strengthen the proprietary gift card product. This integration also eliminates the need for a separate point of sale device for prepaid transactions, which benefits the retailer in cash reconciliation and accounting functions.”
epay and Radiant invested a significant amount of time to make this integration launch-ready, which included designing the sale of prepaid products on the touch screen and formatting the messages between the POS and host. The integration has a unique quality in the fact that it was created to be flexible enough to implement new products in the future without having to upgrade the software before deployment.
“Radiant is always looking to add value for our customers, especially by helping them increase sales,” said Jimmy Frangis vice president of the petroleum and convenience retail division at Radiant Systems. “Our integration with epay will enable our clients to offer an easy-to-use prepaid product line to their customers.”
Additional benefits to the retailer include ease of training, superior reporting and enhanced cash reconciliation. Training is made easier for cashiers as they don’t have to learn a new point of sale system to sell prepaid products—all transactions occur through the store’s point of sale. Prepaid transactions are more easily tracked and reconciled, saving store associates time and giving management more control over cash reconciliations each day.
“At Spinx, our mission is to make our customer’s lives easier so we’re excited to be the first Radiant client to implement the integrated activation of epay’s prepaid products through Radiant’s POS platform,” stated Stan Storti, chief marketing officer of Spinx. “Eliminating the dial-up peripheral device previously required to activate prepaid cards enables Spinx to meet our customer’s expectations of fast service while also simplifying our associates lives so they can focus on providing the friendly service we constantly seek to deliver.”
The integration between epay and Radiant also allows customers to redeem their gift cards at the dispenser, which is another critical customer expectation Spinx is now able to meet as an issuer of its own prepaid card.
About epay
epay, a Division of Euronet Worldwide, Inc., is a global processor and distributor of electronic payment solutions—enabling service providers to maximize the sales of their products and services.
epay utilizes its worldwide network—approximately 240,000 retailer locations, around 510,000 points of sale (POS) across a number of markets including Australia, Austria, France, Germany, India, Ireland, Italy, New Zealand, Poland, Romania, Spain, Switzerland, UK and the U.S.*—to deliver innovative and tailored electronic payment and cash collection solutions including POS systems integration and a full settlement and reporting service.
The epay portfolio includes prepaid mobile top-up, prepaid debit cards, e-wallets, bill payment, gift cards, digital content, money transfer through its sister company RIA, lottery and transport payment solutions including road tolls and public transport. A full marketing and distribution service is available to support these products and services. Visit www.epayworldwide.com for more information.
*epay’s U.S. operating entity is PaySpot, Inc., d/b/a epay North America.
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant’s point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems: Visit our Website; Follow us on Twitter; Read about us on our Blog; Become a fan on Facebook.
About The Spinx Company
With The Spinx Co.‘s leading edge technology and exceptional customer service, the company is “Making Life Easier” for customers. Headquartered in Greenville, S.C., The Spinx Co. operates over 70 convenience retail stores in South Carolina and North Carolina. Founded in 1972 by Stewart Spinks, today the company is the largest privately held gasoline-convenience retailer in South Carolina and is ranked among the top U.S. convenience store chains in the country. For more information, visit www.myspinx.com.