AEVI Announces its Collaboration With BBPOS as Part of its Strategy to Open up its Ecosystem

LAS VEGAS, October 24, 2016 /PRNewswire/ --

AEVI enabled BBPOS´ Android-based terminal WisePOS™ to connect to the Global Marketplace, branching into easily mobile device options to provide more tailored solutions to customers. At this year's Money 20/20, being held in Las Vegas, AEVI is making a statement about being a truly open ecosystem. The company is announcing its cooperation with hardware vendor BBPOS on their device WisePOS™, which runs in AEVI's portfolio as Sofia. Sofia complements AEVI's Albert offering, and is the first third-party device connected to AEVI's Marketplace.

AEVI's drive comes from the belief that the industry needs to turn challenges into strategic upsides, with real end-consumer interaction. This is why the company has built a future-proofed, open ecosystem for secure transactions and value-added apps and services. Through the Global Marketplace, a white-labelled B2B app store for merchant banks and merchant acquirers, AEVI delivers a portfolio of high-quality and secure apps and services, enabling a whole new range of value propositions through innovative SmartPOS devices. Merchants can download apps from an acquirer-branded marketplace, which enable them to create a customised operational environment tailored to their business needs.

With the ecosystem, AEVI is pushing the boundaries of collaboration to enable merchant banks and acquirers to provide choice to their merchants, rather than locking merchants into a single system or device. AEVI welcomes further hardware vendors and app developers to connect with the Global Marketplace.

Mike Camerling, Chief Product Officer and Board Member of AEVI says: "We are pleased to announce the cooperation with BBPOS, who shares our vision of collaboration open solutions that have the power to deliver more value and choice. We will continue to build an open ecosystem and connect more devices to our Marketplace to increase the options available to our customers.

Sofia is a hand-held, all-in-one, four-inch Smart POS device that integrates magstripe, EMV, and NFC card readers, a barcode scanner and a 5-megapixel camera. As an AEVI enabled device, Sofia can run all apps available on AEVI's Global Marketplace. Combined with the right business apps, the device provides increased mobility in taking payments and performing other secure transactions.