Payworks today announced it will serve as the payment gateway technology for Lightspeed’s merchants at the Point of Sale. Lightspeed, one of the most powerful POS software companies worldwide, will enhance its offering with a payment component which will enable all Lightspeed UK merchants to better manage their business and Point of Sale.
The partnership will bring two growing companies together and create efficiencies for businesses across industry verticals. Lightspeed was founded in 2005 in Montreal, Canada, and provides cloud-based retail and restaurant commerce solutions for more than 40,000 independent businesses worldwide. Over $15 billion in transactions are processed through Lightspeed’s system annually. Payworks is a growing technology company focused on enabling commerce globally through their cloud-based payment technology for Point of Sale.
“Innovative Point of Sale solutions are driving commerce globally and for Payworks we know for a solutions such as Lightspeed to offer the latest card acceptance technology will only further push them as a POS leader, while also allowing their merchants to remain competitive in an ever-changing market” says Christian Deger, CEO & Co-Founder of Payworks. “This will be an exciting partnership to see unfold and we’re looking forward to our work together”.
Via a simple SDK integration, Lightspeed’s POS software is now running on Payworks’ technology and includes a card reader that enables merchants to accept EMV Chip & Pin, contactless and mobile wallet payments such as Apple Pay and Samsung Pay. Onboarding hundreds of new merchants every week, Lightspeed is one of the largest POS software companies in the world, with more than 55,000 registers in 100 countries.
“Integrated payments are a vital part of any POS solution. With this in mind our objective is to give our merchants the best tools to run their businesses smoothly, quickly and efficiently” says Lightspeed President, JP Chauvet. “We chose Payworks because the technology accelerates the speed of integration and global connectivity, enabling us to move to market quickly and help our merchants to serve their customers better”.
Headquartered in Montreal, Canada, Lightspeed is the most powerful cloud-based commerce solution for independent businesses, in-store and online. More than 40,000 retailers and restaurateurs processing over $15 billion in transactions annually use Lightspeed to grow and manage their business. Founded in 2005 with offices in Canada, USA, and Europe, Lightspeed is backed by Accel Partners, iNovia Capital, Caisse de dépôt et placement du Québec (CDPQ) and Investissement Québec (IQ). Find us and our customer love by visiting www.lightspeedhq.com, Facebook.com/LightspeedHQ, Twitter: @LightspeedHQ (@LightspeedResto), and Instagram: @LightspeedHQ.
Payworks (www.payworks.com) is the provider of next generation Point of Sale payment gateway technology. Developers of Point of Sale solutions for merchants can quickly and cost-efficiently integrate card payment functionality into their applications, and securely process EMV, contactless and mobile wallet transactions at the Point of Sale. With headquarters in Germany and offices in the U.K., the U.S. and Spain, Payworks works with acquirers and payment providers in Europe, North America and Africa.
Payworks press contact:
Tel.: +49 89 416158-400