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Invenco, a global provider of revolutionary self-service payment technology and secure customer engagement solutions, and Orbis Tech, a UK-based software technology company, announced that they have entered a joint venture to develop and promote end-to-end retail automation systems to petroleum retail, hospitality, and specialty retail businesses.
“The combination of Invenco’s self-service payment systems and Orbis, a proven integrated point-of-sale, back-office and head-office software product, provides a compelling offering to petroleum and other retailers.” says Invenco CEO, Gavin Lennox.
Managing Director, Jorundur Jorundsson comments, “We are delighted and pleased to be partnering with the team at Invenco, a global leader in secure self-service payment technologies. We believe that our joint venture positions our businesses for further growth.’’
The Orbis software is completely modular in structure which offers high scalability for customers that can be delivered as a software-as-a-service on in-premise solution. Initially the partnership will focus on providing a migration path for Invenco’s existing petroleum retail customers. Orbis Tech will then focus on Australian, UK and emerging market opportunities.
ABOUT INVENCO
Invenco is a global provider of revolutionary self-service payment technology and secure customer engagement solutions. With a strong presence in the petroleum retail vertical, Invenco’s product lines include G6 and G7 Outdoor Payment Terminals, iNFX retail micro-services (including electronic payment server), cloud services and Invenco Link, a high-speed Ethernet enabling device. In 2018 Invenco introduced i2, the world’s first outdoor EMV as a service, to help US fuel retailers avoid the EMV liability shift without the burden of a large upfront investment. Invenco has deployed over 100,000 EMV payment terminals engaging millions of customers every day. Invenco is headquartered in Auckland, New Zealand and operates offices in the U.S., Canada, Malaysia and the UK. For more information visit www.invenco.com.
ABOUT ORBIS TECH
Orbis Tech is a forward thinking software technology company. The business is committed to developing fully integrated, point-of-sale, back-office and head-office solution that empowers hospitality, fuel and retail businesses across the globe. With each Orbis release comes new and exciting features which help continue to secure Orbis Tech’s customer investment in Orbis technology. Based in the UK, the business has development teams across both Europe and Asia Pacific.