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Fintaris Payment Solutions introduces Paypod in the region in partnership with Crane

Al Shirawi Group enters the payment automation market with Paypod, its new automated cash payment station for retailers

Fintaris Payment Solutions introduces Paypod in the region in partnership with Crane
Fintaris Payment Solutions introduces Paypod in the region in partnership with Crane

Fintaris Payment Solutions, a member of the Al Shirawi Group of Companies, has entered into a strategic partnership with the US-based Crane Payment Innovations (CPI).

Fintaris is the authorised distributor of CPI’s range of products and services including Paypod pay stations, the all-new solution for retail market that automates cash payment at the point of sale.

Paypod solutions consolidate three technologies into a single unit that easily connects to any Windows point-of-sale system to deliver simple, seamless payment automation. Every Paypod unit contains a CPI note recycler, coin recycler, and POSlinq interface software.

Paypod note & coin recyclers bring multiple benefits, such as eliminating the need for daily cash reconciliation, streamlining retail operations, reducing shrink, removing hygiene concerns, and helping customers maximise their investment with a evolving solution.

Jan-Hinrik Bauwe, President, CPI, commented: “We are delighted to partner with Fintaris to distribute our state-of-the-art payment solutions in the Middle East. With the strength of Al Shirawi’s regional presence, we are looking forward to achieving great success with our innovative payment solutions in the Middle East through this exciting strategic partnership, starting with the roll out of Paypod pay stations.”

Mark Youssef, President, Crane Co. Middle East and Africa, added: “As part of the Al Shirawi Group of Companies, with whom we have been associated since 2014, and who are known for their world-class operations and attention to service excellence and customer satisfaction, Fintaris is well placed to represent us and we look forward to a highly successful roll out of Paypod pay stations and our other innovative products through this new strategic relationship.”

Headquartered in Dubai and serving the Middle East region, Fintaris is a premium payment products and solutions provider for a variety of payment scenarios, from vending, parking, cash automation, self-service and financial services. CPI is headquartered in Malvern, Pennsylvania, with additional offices, manufacturing facilities, distribution and service centres located across the world. The company holds one of the world’s largest installed bases of unattended payment systems. It also provides a full range of unattended payment solutions for gaming, retail, transportation, vending, banking and self-service kiosk applications.

“As a Group we are constantly evolving our processes and making them more sustainable to lead the way in the digital transformation era.  Given our longstanding association with Crane Co., this agreement is one such step, to become established as regional experts in cash automation,” said Navin Valrani, Vice Chairman and Managing Director, Al Shirawi Group.