RCS - Vianet Group PLC - Unattended contactless payment solution launched

VianetAnnouncement

25/11/2022 07:00

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RNS Number : 5441H  Vianet Group PLC  25 November 2022

 Vianet Group plc

("Vianet" or the "Group")

 

New unattended contactless payment solution launched through Suresite
partnership

 

Vianet partners with Suresite Group in strategic move to drive innovation in
the unattended contactless payment space

 

London, UK, Nov 25, 2022: Leading payment solutions provider Vianet has
recently partnered with forecourt retail specialist Suresite Group Ltd
("Suresite"), strengthening their presence in the fast growing 'unattended'
contactless payments industry (the "Partnership").

The Partnership sees Vianet's innovative contactless payment solution hardware
join forces with Suresite's market-leading acquiring services. The result is a
competitive, user-friendly, and highly secure payments solution able to
futureproof any unattended or automated retail business, from charging points
and unmanned car washes to air and vac stations.

Vianet, COO, Craig Brocklehurst, said "Outside our core vending market we are
seeing increased demand for unattended contactless payments being applied to
assets such as pool tables, ticket machines, arcade games, jukeboxes,
photobooths, laundromats, and many more, where coins and tokens are the main
form of payment, and the Suresite partnership will support customers and help
extend our footprint"

Nick Horne, sales and commercial director at Suresite, added: "Our strategy at
Suresite is to continually innovate, introducing more hardware options to our
customer base. The Partnership with contactless payment experts Vianet will
allow us to grow our presence outside of the fuel industry yet leverage those
existing customer relationships in the forecourt sector - which alongside
charging points, also opens opportunities with unmanned car washes, jet washes
and air and vac stations."

James Dickson, Chairman & CEO of Vianet commented: "We are delighted to
partner with Suresite in this innovative collaboration proving, once again,
Vianet's ability not only to drive new technological initiatives but also to
establish new markets for our products."

 

Enquiries:

 Vianet Group plc
 James Dickson, Chairman & CEO      Tel: +44 (0) 1642 358 800

 Mark Foster, CFO                   www.vianetplc.com (http://www.vianetplc.com)
 Cenkos Securities plc
 Stephen Keys / Camilla Hume        Tel: +44 (0) 20 7397 8900
                                    www.cenkos.com (http://www.cenkos.com)

Investor enquiries:

 Dale Bellis           Tel: +44 (0) 20 7397 8900

 

About Vianet

Vianet Group is a leading provider of actionable management information and
business insight created through combining data from our Internet of Things
('IOT') solutions and external information sources.

Since its Admission to AIM in 2006, the Group has grown from its core beer
monitoring business both organically and through strategic acquisitions to
widen its offering and develop new businesses, especially in vending telemetry
and contactless payment solutions particularly for the premium coffee sector.

Servicing over 300 customers across the world and rendering live data to our
IOT platform from over 250,000 connected machines daily, Vianet is one of the
largest business to business (b2b) connected solutions providers in Europe
with established long-term relationships with blue chip customers and growing
recurring revenues which are over 85% of our total revenues.

In our Smart Machines division, we connect a single data gathering device with
its own on-board communication capability to a customer's asset or system. The
device then sends data back via our IOT platform to cloud based servers. The
technology was originally developed for automated retailing machines; however,
the flexibility and functionality of the device means the technology can be
applied to any machine which has the capability to output data. The device is
also used to connect our contactless payment solution and communicate payment
terms to our cloud-based payment services providers where that application is
also required.

The Smart Zones division is where we connect multiple data gathering devices
into one or more systems or assets with the data from those devices being
communicated back to our IOT platform and cloud-based servers via a single 4G
communications hub. The technology was originally developed for flow
monitoring devices, temperature sensors, and asset management in drinks
retailing but any data gathering device with a digital output could be
connected to the communications hub where required such as gaming machines,
utilities management and POS.

For further information, please visit www.vianetplc.com
(http://www.vianetplc.com/)

About Suresite

Established over 25 years ago, (https://www.suresite.co.uk/) Suresite Group
(https://www.suresite.co.uk/) provides a range of business critical
operational services for Fuel and Convenience Retailers. Suresite market
leading Payment and data solutions, Wet stock management, Training and Health
& Safety compliance help over 3,000 stores across the UK run businesses
more effectively. Suresite Group customers and partners include Barclays,
Worldpay, Timico, Feefo, American Express, Sponge, Greenergy, Cost Cutter,
Jet, and others.

For further information, please visit www.suresite.co.uk
(http://www.suresite.co.uk)

 

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