Smartpay Cadmus Wins Restaurant Brands Contract

Smartpay Cadmus Wins Restaurant Brands Contract

AUCKLAND – 02 SEPT 2010 - Smart Pay (NZX: SPY), New Zealand’s leading merchant services provider today announced that it had won the contract to upgrade listed corporate food retailer Restaurant Brands to an integrated EFTPOS solution and call centre payments gateway.

The contract, worth in excess of $1.6 million, follows other significant wins for SmartPay including Mitre 10 and Paper Plus Group.

Restaurant Brands’ 88 KFC outlets, 88 Pizza Huts and 38 Starbucks Coffee stores will be installed with the latest payment card industry data security standard (PCIDSS) compliant EFTPOS systems. Both franchisee and company-owned sites will be upgraded during August and September 2010.

All sites will be fitted with SmartPay’s latest SP30 pinpads, capable of processing customer transactions even faster than ever, and shortening customer wait-time at the till.

The new payments gateway service will allow Restaurant Brands’ outlets to safely and efficiently process payments from telephone and website orders. SmartPay Corporate Sales Manager, Pat McCammon says the company is working with Restaurant Brands call centre to develop new systems that meet the latest standards.

“We have a long relationship with Restaurant Brands, and are pleased to win this significant upgrade contract. Not only does our system include the very latest technology, it will also help Restaurant Brands and their franchisees, to run their businesses more efficiently at the same time assisting all Restaurant Brands Sites to meet Banking Standard compliance.

Restaurant Brands CFO, Grant Ellis says, “We welcome our continued relationship with SmartPay and are pleased to be able to provide our customers with the latest EFTPOS technology available, integrated into our point of sale systems. The new solution will also enable Restaurant Brands to comply with PCIDSS banking standards.”

SmartPay’s Syncro Plus integrated EFTPOS system has more than a 60% share of the New Zealand corporate retailer market, and is used by some of New Zealand’s leading brands. It is SmartPay’s flagship system and when used with the company’s SP30 pin pad is one of the most secure EFTPOS payment systems offering protection from credit card fraud. All retailers are required to comply with new NZ Bankers’ Association standards by June 2011.

With superior management reporting of customer transactions together with improved processing, SyncroPlus also gives insights into purchase trends, tracking information such as frequency of purchase and other demographics, both at a local store level and at head office.

ENDS

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