GlobeNewswire by notified

WESTPAY AND TRIVEC COMPLETE SUCCESSFUL LAUNCH OF NEXT GENERATION PAYMENT SOLUTION

Share

The cooperation between Westpay and Trivec is well underway and has passed a critical milestone. The first Trivec customer, O’Learys at Tele2 Arena, is now operational with Westpay’s payment solution integrated with Trivec’s POS (Point-Of-Sale) system.

As communicated on 23rd March 2021, Westpay signed a cooperation agreement with a leading European POS provider, and will be their preferred partner for payment solutions. This POS provider, Trivec, and Westpay have completed all the preparations necessary to launch payment solution to the market. The first customer installation is completed, and more installations will follow.

- This is a great partnership which now has entered its commercial phase. At Westpay we are proud in supporting Trivecwith our payment solution, making it a natural part of their overall offering. First pilot is up and running and the customer is very pleased. Together with Trivec, we have managed to create a joint solution that makes a significant difference for the customer. Simplicity, performance, and overall customer experience have been critical keys in our joint effort, says Sten Karlsson, CEO at Westpay.

- For us at Trivec, quality, and simplicity are key when we innovate. Very few partners can manage this in a way that meets our demands. Westpay showed early-on that they had the knowledge, resources, and technology to deliver our needed features. I am pleased to see what our collaboration managed to create in such a short time and my expectations for the future are high. With this joint solution, we now have the payment solution we need to care for our customers in the best possible way, says Henrik Larsson, CRO at Trivec.


About Trivec

Trivec is a leading supplier of POS-solutions and Beverage System to the European hospitality market. Our solutions help optimize payment and facilitate operations management for restaurants, bars, and hotels. Trivec’s product offering includes POS-systems, card payment terminals, mobile devices and beverage dispensing systems, with flexible options for integration with booking, finance, personnel, purchasing and inventory functions. Founded in 1993, Trivec locally serves more than 8,000 customers from offices in Sweden, Norway, Denmark, Belgium, and France. 
For more information: www.trivecgroup.com

For additional information, please contact:

Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
Email: sten.karlsson@westpay.se

Hans Edin, CCO Westpay AB
Mobile: +46 70-688 02 05
Email: hans.edin@westpay.se

Certified Adviser is Redeye AB,
Phone: +46 8 121 576 90, email: certifiedadviser@redeye.se

Westpay is a full-service fintech- and Payment Solution Provider that offers solutions that simplify payments and amplifies the overall customer experience. If you represent a restaurant, hotel, store, in-store, or e-commerce, and looking for a payment solution that adds value, we can help you all the way. The company is represented globally, headquartered in Stockholm, Sweden and is listed on Nasdaq First North Growth Market.
For more information: www.westpay.se

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

HAVILA KYSTRUTEN AS: Fullført refinansiering18.4.2024 09:44:00 CEST | Pressemelding

Det vises til kunngjøring om refinansiering i selskapets kvartalsrapport for fjerde kvartal 2023. Havila Kystruten AS har den 18. april 2024 fullført refinansiering av Serie B av det sikrede obligasjonslånet med HPS Investment Partners opprinnelig pålydende MEUR 50 samt innløsningskostnader og påløpte renter. Innløsningssummen er finansiert gjennom MEUR 56 i lån fra Havila Holding AS i overensstemmelse med finansieringsgaranti inngått ved opptak av obligasjonslånet. Lånet fra Havila Holding er usikret, renter akkumuleres og lånet forfaller i sin helhet den 26. juli 2028. Transaksjonen håndterer refinansieringsbehovet med forfall i oktober 2024 og erstatter sikret gjeld med usikret gjeld til en lavere kostnad. Aksjonærlånet kan tilbakebetales til enhver tid uten innløsningskostnader. Første låneforfall for selskapet er nå 26. juli 2026. Havila Kystruten har i tillegg etablert en trekkfasilitet på MNOK 200 fra Havila Holding som gir selskapet økt finansiell fleksibilitet for å håndtere l

HAVILA KYSTRUTEN AS: Refinancing completed18.4.2024 09:44:00 CEST | Press release

Reference is made to the announcement regarding refinancing in the company's quarterly report for the fourth quarter of 2023. Havila Kystruten AS has on April 18, 2024, completed the refinancing of Series B of the secured bond loan with HPS Investment Partners, originally amounting to MEUR 50, along with related redemption costs and accrued interest. The redemption is financed through MEUR 56 in loans from Havila Holding AS in accordance with the financing guarantee entered upon issuance of the bond loan. The loan from Havila Holding is unsecured, with interest accruing, and the loan matures in full on July 26, 2028. The transaction addresses the refinancing needs due in October 2024 and replaces secured debt with unsecured debt at a lower cost. The shareholder loan can be repaid at any time without redemption costs. The company's first loan maturity is now on July 26, 2026. In addition, Havila Kystruten has established a revolving credit facility of MNOK 200 from Havila Holding, provi

Invitation to UPM’s webcast and conference call on Q1 2024 interim report18.4.2024 09:00:00 CEST | Press release

(UPM, Helsinki, 18 April 2024 at 10:00 EEST) – UPM will publish its Q1 2024 interim report on Thursday, 25 April 2024 at 09:30–10:00 EEST. After publishing, the report will be available on the company website at www.upm.com. A webcast and a conference call for analysts and investors begins at 13:15 EEST. The interim report will be presented in English by President and CEO Massimo Reynaudo and CFO Tapio Korpeinen. Participants can view the webcast online through this link. Those who wish to ask questions from the management must register for the teleconference. Join the teleconference by registering here. After the registration you will be provided with phone numbers, a user ID and a conference ID to access the conference. To ask a question, press *5 on your telephone keypad to enter the queue. The webcast will be available at www.upm.com for 12 months after the call. UPM, Media Relations Mon-Fri 9:00–16:00 EEST tel. +358 40 588 3284 media@upm.com UPM We deliver renewable and responsibl

Correction: Aspocomp’s Interim Report January 1 – March 31, 2024: Net sales and operating result decreased from the comparison period18.4.2024 08:45:00 CEST | Press release

Aspocomp Group Plc, Interim Report, April 18, 2024, at 9:45 a.m. (Finnish time) Intangible assets in the Consolidated Balance sheet corrected FIRST QUARTER 2024 HIGHLIGHTS Net sales EUR 6.2 (8.9) million, decrease of 30%Operating result EUR -1.6 (0.3) million, -25.9% (3.8%) of net salesEarnings per share EUR -0.24 (0.04)Operative cash flow EUR -2.0 (1.6) millionOrders received EUR 7.5 (13.7) million, decrease of 45%Order book at the end of the review period EUR 11.8 (19.1) million, decrease of 38%Equity ratio 64.5% (72.9%) OUTLOOK FOR 2024 Inflation and interest rates, weak economic development, the uncertainties posed by Russia’s war of aggression and the situation in the Middle East, and global trade policy tensions will affect the operating environment of Aspocomp and its customers in the 2024 fiscal year. The company estimates that the demand in the Semiconductor segment will gradually recover starting from the first half of 2024, while at the same time unloading high inventory lev

HiddenA line styled icon from Orion Icon Library.Eye