NOVELPAY significantly reduces time to market for its clients using nexo-standards.
READ ON FOR AN INSIGHT INTO:
The payment application challenges facing NOVELPAY.
- With the developing portfolio of domestic and international clients on various markets, NOVELPAY realised that the multiplicity of protocols and interfaces inhibit innovation and growth
Why nexo standards?
- A standardized and open approach for building payment applications
- Solid foundation for interoperability and cross-border of acceptance of cashless payment
- Focus on security requirements of the industry and pursuit of innovation
The nexo standards business case.
- One nexo-compliant application to cover all customers’ needs and markets
PROJECT SUMMARY – comparison of 3 independent projects’ workload and duration time?
What’s next for NOVELPAY?
NOVELPAY has received the CFCF Certificate “nexo-IS POI Payment Application” for PAX unattended terminals series (PAX IM300, PAX IM500, PAX IM700), demonstrating its compliance with nexo standards’ NIS v4.0.
“Achieving this certification was a key priority for us. This confirms the position of NOVELPAY and PAX as a leader in the global payment market. Now, we can demonstrate the full interoperable and cross-border solution while maintaining a long list of available functions. It also allows for payment processing by any nexo compliant PSP.” – said Grzegorz Jaglarski – NOVELPAY’s Vice-President of the Board – on receiving information on successful certification.
By combining the expertise of NOVELPAY’s Android developers with state-of-art Android terminals from PAX Technology, now NOVELPAY’s offer includes FinTech solutions that are cashless, unattended and Android-based while also secure and innovative.
The nexo standard allows for the wide use of the complete portfolio of our payment solutions across various market segments, such as e.g.: retail, Horeca, SME as well as in consumer services sector, city transport, self-service kiosks and many more.
These features of NOVELPAY payments are exactly what is needed by clients from some of the fastest-growing market segments such as the vending industry, e-car charging stations, unattended convenience stores or deliveries.
Jean Paul Hildebrandt – President of NOVELPAY said, “I am most delighted that NOVELPAY continues to be an early adopter and promoter of nexo's standards.”