Net Element International (NASDAQ: NETE), a technology-driven group specializing in electronic commerce and mobile payment processing, is pleased to announce today that Aptito, LLC, has completed its integration with Total System Services, Inc. (NYSE: TSS), one of the world’s largest processors of merchant acquirers and bank credit card Issuers handling over 40 million payments per day. Aptito, LLC, is a next generation, cloud-based point of sale payments platform, operated through TOT Group, Inc. (“TOT”) the mobile payments and transaction processing subsidiary of Net Element International. Integration and Certification has been completed on Total System Services’ TSYS ® processing network for all of Aptito’s functionality.
Aptito helps restaurants drive consumer engagement via tablet, mobile and all other cloud-connected devices. Aptito’s Restaurant mPOS solution provides restaurants with tools to increase sales, productivity, and customer loyalty. The solution is a tablet-based POS that combines traditional POS functionality with mobile ordering, payments, social media, intelligent offers, mobile applications, loyalty, and transactional data all in one solution with Aptito’s cloud-based payments platform at the center of it all. Restaurants can leverage Aptito to plug into social networks, daily deal promotions and other marketing programs while having the ability to use Aptito’s integrated mobile marketing tools to deploy their own lead generation campaigns and loyalty rewards.
“We want to give our merchant partners and customers the widest range of solutions possible and build on our value proposition as a market leader in innovation and value added products,” said Oleg Firer, CEO of Net Element. “This direct integration will give us a seamless connection to industry leader TSYS and expands the capabilities of our cloud-based mPOS payments platform.”
Accepting payments at tableside enables faster service and less wait time for consumers. Aptito’s “visual” point of sale concept is designed to speed up the learning curve and increase order input productivity. Additionally, Aptito offers a mobile commerce application that allows any restaurant to deploy mobile ordering tied to the mPOS. Aptito’s Self Ordering Apple ® iPad ®-based kiosk allows operators to increase sales by providing an automated ordering system which gives customers the speed and convenience that has been lacking in many areas of food industry including Quick Service Restaurants (“QSR”). The new integration allows merchants to use the Aptito platform with TSYS as their payments network provider. TSYS supports all standard transaction types including full and partial authorizations and reversals. This marks another major step for Aptito in getting direct integration with all the major processing networks in the US.“Seamless integration with TSYS means that our customers have a reliable and capable POS system that keeps pace with the demands of an industry that often runs 24/7,” said Gene Zell, CEO of Aptito. “TSYS is one of the world’s most successful and reputable payment processing networks and we are thrilled to offer this service to our customers.”
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