The Terminal Technologies Group has once again confirmed the compliance of VENDOTEK POS terminals and validators with the EMV L2 Contact specification requirements. Our terminals and validators have passed complex and multi-level testing according to EMVCo standards (American Express, Discover, JCB, MasterCard, UnionPay and Visa payment systems) in an international laboratory. Several thousand functional tests were successfully performed, including performance, cardholder verification, risk management, and reliability.

Terminal Technologies Group uses only its own L2 libraries as part of the POS-terminal’s software. Self-developed software solutions allow us to meet the changing requirements of payment systems and support new specifications.

"We have built a full cycle of creating POS terminals and software for them. Complete independence from European or Chinese manufacturers and developers has been achieved, the products of Terminal Technologies Group can be adapted to any project. VENDOTEK V terminals integrate with various vending machines and self-service systems: postamates, stand-alone storefronts, micro markets. Our electronics accepts payments with contactless and contact cards, mobile devices via NFC, QR codes through the Fast Payment System," said Igor Sukhostavskiy, CEO of Terminal Technologies Group.

Terminal Technologies Group products has been certified by China UnionPay. Guests from China and customers of Chinese banks will be able to pay for travel in Russian transport and purchases in vending using their cards.

The UnionPay system, whose cards are accepted in 179 countries around the world, is among the world leaders along with VISA, Mastercard, MIR. Terminal Technologies has developed the L2 library as part of the software to work with China UnionPay. VALITEK, TRANSITEK, VENDOTEK will allow tourists and partners from China to use cashless payments in Russia.

Today, it is especially important to accept China UnionPay cards at airports, hotels, retail chains, and transport. COVID-19 virus persists on cash for up to 24 hours, non-cash payments prevent the spread of the coronavirus.

"The development of trade relations with China requires the integration of payment systems. Many Russian banks are already issuing UnionPay cards, and leading retail chains are starting to accept them. Our vending terminals and transport validators will help tourists, business partners and all Bank card holders of the Chinese payment system," said Igor Sukhostavsky, CEO of Terminal Technologies Group.

Automated fare collection systems implemented by partners of Terminal Technologies Group are used not only in cities. Our contactless VENDOTEK T validators allow to pay with a Bank card for long-distance and suburban travel. The solution is implemented in the Belgorod and other regions of Russia.

When entering the bus, the passenger tap a Bank or transport card to the VENDOTEK T validator, and the GPS determines the initial coordinates. At the exit, you tap the card, and the coordinates of the end point are determined. The fare is calculated and collected automatically.

"Automation of payment for intercity and suburban transportation increases the profitability of transport companies. Cashless payments does not require a conductor. The COVID-19 coronavirus persists on banknotes for up to 24 hours, and contactless validators prevent infection through cash," said Igor Sukhostavskiy, СEO of Terminal Technologies Group.

Russian Standard Bank and Terminal Technologies group have developed a self-service kiosk management system based on the VENDOTEK terminal, thanks to which you can pay for orders delivered from online stores using a QR code through the Fast Payment System (SBP).

Vendotek's innovative terminals can manage self-service kiosks and interact with customers via a bright touch screen. The technology of payment by QR code via the SBP for delivered online orders is simple. Just enter the order number, then select the payment type "via SBP". After a dynamic QR code appears on the screen, you should scan it using your smartphone, confirm the payment in Bank's mobile app, and pick up purchases from the self-service kiosk. An important condition is that the payer's Bank must be a member of the Fast Payment System (SBP) and support payment by QR codes in its mobile app.

«All online shoppers are accustomed to user-friendly interfaces and pleasant tactile sensations from smartphones' touch screens. We've brought online best practices to offline by abandoning the outdated buttons. The new solution based on VENDOTEK terminal with a touchscreen makes it easy to pay and receive orders from online stores. Thanks to the innovations of Russian Standard Bank, payments are possible through the mobile apps using QR codes, which is very convenient in the absence of a contactless Bank card and NFC in a mobile phone,” said Igor Sukhostavskiy, CEO of Terminal Technologies Group.

X5 Retail Group, together with the Life Line charitable foundation, installed VENDOTEK V payment terminals in four Karusel hypermarkets to collect donations for the treatment of seriously ill children.

The customer can choose the amount of donation and tap a contactless bank card, NFC-enabled smartphone or NFC smart watch to VENDOTEK POS terminal. Depending on the test results, will be made a decision to scale contactless charity project.

Karusel became the first grocery retailer in Russia to implement a contactless donation system. Our terminals are installed in the checkout area. The project was implemented by our partner MIXPLAT, acquiring was provided by Russian Standard Bank.

Based on X5 Retail Group story