Ackroo application integrated with new debit and credit card terminals
for gift card and loyalty programs
OTTAWA, July 10, 2013 /CNW/ - Ackroo Inc. (TSX-V: AKR), a loyalty and rewards technology and services provider,
announced the integration of its gift card and loyalty application on
the VeriFone Evolution and Ingenico Telium point-of-sale payment
Ackroo's web-based platform combines the convenience of a gift card, the
customer retention power of a loyalty program and the immediacy of
promotional offers in a single, easy-to-use solution enabling
businesses of all sizes to launch customer retention programs that
The Ackroo application allows for gift card and loyalty transactions to
be processed directly on the debit and credit payment terminals through
physical cards or phone number authentication.
"The hardware and technology landscape of point-of-sale payment
processing terminals continues to evolve. Ackroo is committed to
meeting the needs of businesses and supporting their changing
technology to continue to provide easy to deploy, best-in-class gift
card and loyalty programs," said Eamonn Garry, chief executive officer
at Ackroo. "The integration of the Ackroo application with this latest
generation of payment terminals allows for much greater penetration
into businesses in Canada."
"Businesses have a choice when choosing a payment terminal to process
debit and credit card transactions for their business," said Garry.
"Ackroo's continuous integration with the most widely deployed of these
payment terminals gives businesses more options to take advantage of
our market-leading gift card and loyalty programs."
The Ackroo application is in pilot deployment on both payment terminals
with businesses and will move into commercial deployment in the coming
Ackroo enables businesses, independent merchants and retailers,
franchises and business networks to build long-term customer
relationships through customized loyalty and rewards programs. Their web-based solutions provide the power of a massively scalable
software platform in a lightweight online tool that works with existing
point-of-sale equipment, making it easy and affordable for businesses
of any size to design and launch their own five-star loyalty program.
Ackroo is headquartered in Ottawa, Canada. For more information, visit:
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This press release contains statements that
constitute forward looking statements. These statements include, among
others, statements about commercial deployment following pilot
deployment. Readers are cautioned not to place undue reliance on such
forward looking statements. Such statements are based on current
expectations and assumptions and involve a number of risks and
uncertainties which could cause actual results to differ materially
from those anticipated by Ackroo Inc.
SOURCE: Ackroo Inc.
For further information:
Chief Financial Officer | Ackroo
Tel: 613-599-2396 x714
Vice President, Marketing | Ackroo
Tel: 613‐599‐2396 x705