TOKEN Payment Services (TOKEN), the fintech company that recently obtained authorization from the National Bank of Romania and became a payment institution, announces the conclusion of a strategic partnership with Zeus Service, the second-largest importer and distributor of cash registers in Romania.
„Within this partnership, the 250,000 merchants in Romania, who are part of the Zeus Service portfolio and its distributors, will have access to the latest digital payment solutions, quick configuration of POS devices, high-quality services and maintenance, low costs and fast settlements, in just 24 hours.” – according to the press release.
„We are happy to sign our first distributer agreement as a strategic partnership with Zeus Service, a major player in the cash register market in Romania. Together, we aim to improve the payment solutions available to Romanian merchants and support the development of new payment technologies in the region. This collaboration with Zeus Service gives us access to its distribution and service network for cash registers, respectively 25% of the local market,” said Burak Yildiran – CEO of TOKEN Romania.
„We are delighted to join forces to offer Romanian merchants a state-of-the-art digital payment solution, thus marking a significant innovation in our sector. By partnering with TOKEN, a key player with unparalleled expertise and over 900,000 active devices in Turkey, we complement and strengthen our offering,” added Florin Băjan – CEO of Zeus Service.
TOKEN’s new all-in-one terminal, a cash register with an integrated POS, ideal especially for the HoReCa and retail sectors, has obtained fiscal certification in Romania from the National Institute for Research and Development in Informatics (ICI Bucharest) and the Ministry of Finance. The device offers simplified online activation and remote management, uninterrupted Wi-Fi and 4G connectivity, a large touchscreen, and a powerful battery that allows up to 550 transactions on a single charge.
Thus, merchants through the Zeus Service’s network will benefit from installation in any location, fast payments, and efficiency in transaction processing, saving precious time.
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TOKEN Payment Services S.R.L. is part of Koç Group, the largest private holding in Turkey, which has been present in Romania since 2003 through the brands Arctic, Beko, Grundig, Ford, and Otokar.
With a portfolio of over 900,000 users, TOKEN is the market leader in payment platforms from Turkey (with a market share of 54%), securely managing approximately 6 million transactions daily.
TOKEN entered the Romanian market at the beginning of 2023 through the Odero brand, bringing the concept of a one-stop-shop integrated, secure, fast, and easy-to-use digital payment solutions for any merchant.
Banking 4.0 – „how was the experience for you”
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Many more interesting quotes in the video below:
