Company News • 25.02.2021

FinTech IoT platform for self-service financial transactions

PayComplete, the new cash handling brand from SUZOHAPP, announces global launch

A graphic of people working with tablet computers and virtual icons...
Source: PantherMedia/everythingposs

PayComplete, the new brand and identity of the cash handling division of SUZOHAPP announced its launch today. This new brand will invest in what is an Internet of Things (IoT) platform for broader financial transactions, running both on PayComplete’s native devices and others.

The introduction of PayComplete follows a strategic review of SUZOHAPP’s gaming and amusement and cash handling strategies, operations, technology, and end-customers. The separation of the two businesses enables both divisions to focus on their respective market strengths and expertise. Effective immediately, the name SUZOHAPP will only refer to the Gaming & Amusement side of the company, while the Cash Handling division will do business as PayComplete.

“PayComplete will go forward as a company centered around an “Internet of Things” (IoT) software platform for financial transactions, in combination with a much leaner portfolio of cash management and payments hardware, components and services that better align with our overall strategy”, said Jurgen Leijdekker, CEO of PayComplete. “We will focus on creating value for customers by developing customizable software, devices and service solutions. PayComplete’s solutions will be centered around its cloud-based software platform, which together with a set of core hardware devices and supporting services for financial transactions, will help businesses reduce cost, eliminate risk, and provide a better user experience for end consumers.”

The new direction of PayComplete fits a new world. A post COVID-19 world where devices are increasingly connected (Internet of Things) and where there is less tolerance for physically handling cash. A world where consumers want to help themselves and conduct their own financial transactions. A world in which connected devices generate data that can be mined for many purposes – from more efficient service to working capital management to improving the user experience.

PayComplete is a FinTech IoT platform for self-service financial transactions originally for cash management, but increasingly for broader payments and transactions. As a global technology company, PayComplete provides solutions and services to end-markets such as Retail, Transportation, Financial Services, Consumer Self-Service, and OEM. PayComplete’s platform powers hardware devices (native and others) to provide integrated payments, cash management and broader financial transaction solutions. In a world where devices are increasingly connected (Internet of Things) and consumers desire to manage their own financial transactions, PayComplete’s platform creates order from chaos for enterprise customers and creates a premium user experience for end-consumers. With over 1,000 employees in 19 countries worldwide, PayComplete is owned by ACON Investments LLC, a middle-market private equity investment firm responsible for managing approximately $5.9 billion of assets. To learn more about PayComplete, please visit www.paycomplete.com.

Source: SUZOHAPP Netherlands B.V.

related articles:

popular articles:

Thumbnail-Photo: MPREIS Transforms Operations with Zebra Workcloud Task Management™...
06.11.2023   #customer experience #software developement

MPREIS Transforms Operations with Zebra Workcloud Task Management™ Software Solution

Austrian food retailer to streamline communication in around 300 stores to improve staff engagement, inventory optimisation, and customer satisfaction

MPREIS has around 300 Austrian stores in regions across Tyrol...

Thumbnail-Photo: EuroCIS 2024: Go beyond today!
16.10.2023   #retail #Tech in Retail

EuroCIS 2024: Go beyond today!

27 to 29 February 2024 will see the Who’s Who of Europe’s retail technology sector meet in Düsseldorf

Go beyond today! EuroCIS at the end of February will once again show solutions and products for the retail of the future @Messe DüsseldorfIn late February, numerous companies will again exhibit solutions and products for retailers to shape and ...

Thumbnail-Photo: Unified Commerce Platform in focus
24.10.2023   #omnichannel #software developement

Unified Commerce Platform in focus

Handover at REMIRA: Dirk Bingler supersedes Stephan Unser as CEO

REMIRA is setting the course for future development of the company: On November 1, Dirk Bingler (48) will become the new CEO of the supply chain and omnichannel software expert headquartered in Dortmund. The previous CEO Stephan Unser (62) moves to ...

Thumbnail-Photo: SES-imagotag becomes VusionGroup
29.01.2024   #software applications #artificial intelligence

SES-imagotag becomes VusionGroup

A new identity highlighting the broader portfolio of innovative solutions
developed by the Group to solve the major challenges of physical commerce

SES-imagotag (Euronext: SESL, FR0010282822), the global leader in digital solutions for physical commerce, today announced that it has changed its name to VusionGroup. This new name embodies the various product lines and solutions that have enhanced ...

Thumbnail-Photo: Nedap teams with Foot Locker to extend RFID project...
05.10.2023   #omnichannel #software applications

Nedap teams with Foot Locker to extend RFID project

Foot Locker successfully matches supply and demand in newly opened stores in Eastern Europe using RFID technology

Nedap the global leader in RFID solutions, announces that multi-brand sports fashion and apparel retailer Foot Locker has successfully extended Nedap iD Cloud to its new, Eastern European stores. The objective is to offer the best possible ...

Thumbnail-Photo: Tesco to introduce new scan-free technology on self-service tills at...
03.01.2024   #brick and mortar retail #Tech in Retail

Tesco to introduce new scan-free technology on self-service tills at GetGo store

Seamless Shopping Revolution: Tesco Tests Scan-Free Technology in London

Tesco is trialling an exciting new technology innovation that means customers don’t need to scan their items ...

Thumbnail-Photo: New German vending partner for ITL
30.11.2023   #Tech in Retail #cash management

New German vending partner for ITL

Innovative Technology (ITL) have recently announced Bernd Boddart as their latest trading partner

Bernd Boddart will be supplying their cash validation and biometric age verification solutions to the German vending market. Bernd Boddart, based in Mönchengladbach, Germany, have 30 years of experience in the field of coffee machines, table ...

Thumbnail-Photo: The global state of autonomous stores
18.12.2023   #Tech in Retail #self-checkout systems

The global state of autonomous stores

The stores are located in various retail segments such as food retail, fashion, electronics, convenience stores and fast food.

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviors, reduces operational costs, improves profitability, and powers revenue growth strategies. Advancements in autonomous ...

Thumbnail-Photo: EuroCIS 2024 - technology special
11.12.2023   #online trading #e-commerce

EuroCIS 2024 - technology special

The latest technology solutions and trends for you and the retail sector

At EuroCIS 2022 from February 27 to 29, 2024, the Leading Trade Fair for Retail Technology, we will be looking at all the important and current topics relating to technology in retail: AI and Machine Learning, Payment, Connected Retail, Seamless Store and Smart Energy Management and many more.

Thumbnail-Photo: Ask the Bot: generative AI in retail
02.01.2024   #Tech in Retail #food retail

Ask the Bot: generative AI in retail

Revolution in retail: the era of generative AI and AI bots

They are able to analyse data, write product descriptions, answer shoppers’ questions or write codes...

Supplier

Captana GmbH
Captana GmbH
Bundesstraße 16
77955 Ettenheim
REMIRA Group GmbH
REMIRA Group GmbH
Phoenixplatz 2
44263 Dortmund
VusionGroup SA
VusionGroup SA
55 place Nelson Mandela
90000 Nanterre
Innovative Technology Ltd.
Innovative Technology Ltd.
Innovative Business Park
OL1 4EQ Oldham
Zebra Technologies Germany GmbH
Zebra Technologies Germany GmbH
Ernst-Dietrich-Platz 2
40882 Ratingen