Posera Announces Partnership with Ingenico Group for the Integration of its SecureTablePay Pay-at-the-Table Solution

TORONTO, May 19, 2017 /CNW/ - Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, announced its partnership with Ingenico Group, the global leader in seamless payment, for the launch of Posera's SecureTablePay® Pay-at-the-Table solution in the US market.

One of the biggest trends in the hospitality industry is the ability to accept card payments at the point of service via mobile payment devices. This capability has existed in many markets, such as Europe and Canada, for many years, and now increasingly, casual dining and table service restaurants in the US are adopting wireless terminals to offer Pay-at-the-Table convenience to their patrons. Ingenico Group and Posera provide an ideal solution to restaurants with the launch of Posera's SecureTablePay on Ingenico Group's wireless smart terminals, such as the iWL250.

This combined Ingenico Group hardware and Posera software solution not only increases convenience for the customer, but also increases efficiency for the restaurant and the server, allowing the server to spend more time on the floor with the customer and reducing the steps and time it takes to close a check.  All that with added security including acceptance of EMV chip cards and NFC/contactless payments such as Apple Pay and Android Pay, and point-to-point encryption (P2PE) and tokenization, protecting customers and ensuring PCI compliance.

"There are over half a million restaurants in the US who have or will be adopting EMV standards over the next few years, and will need the ability to accept payments at the point of service.  By combining the Posera's solution with our wireless smart terminals, SecureTablePay enables restaurant payments that provide greater security and better customer service to American restaurants and their patrons," said Howard Finch, vice president, sales at Ingenico Group, North America.

EMV-enabled Pay-at-the-Table solutions give customers the peace of mind of added security as the payment device is brought to them at the point of service. Customers can safely and easily use their chip cards, with either a PIN or signature, right from their seats. This embraces a core principle of better card security, which consumers are hearing about more frequently: never relinquish possession of your payment card, even temporarily. This combination of powerful security and faster, more convenient checkouts makes paying at the table with wireless terminals the ideal approach to satisfy hospitality customers.

"We have partnered with Ingenico for close to 10 years in Canada and are excited to launch SecureTablePay with them in the US," said Dan Poirier, Chief Executive Officer for Posera.  "Our customers have found Ingenico wireless devices to be very durable and customer-friendly, with an incredible coverage range and battery life.  We believe partnering SecureTablePay with Ingenico's mPOS devices provides the best possible pay-at-the-table solution to restaurants in the US," added Poirier.

If you'd like to learn more about Ingenico Group and Posera's SecureTablePay Pay-at-the-Table solution and the latest payment technologies, please visit the Ingenico Group booth (#10919) during the National Restaurant Association show, May 20-23, 2017 in Chicago, IL.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera's full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table ("PATT") application. Posera's MaitreD'® and FingerPrints® restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera's solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.'s shares are traded on the Toronto Stock Exchange under the symbol "PAY".  More information about Posera can be found on the Company's website at www.posera.com or under the Company's profile on SEDAR at www.sedar.com.

SOURCE Posera Ltd.

For further information: Kevin Mills, Chief Financial Officer, 1.519.434.8017, ir@posera.com, www.posera.com


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