Retail Logic, Europe’s leading supplier of integrated card processing solutions, has entered into a strategic partnership with Wincor Nixdorf, a leading provider of IT solutions and services for the retail and banking industries. These two major players from the UK retail sector already have a track record of working together for the benefit of mutual customers including Tesco, IKEA, Metro Group and Arcadia. This new agreement extends and formalises the relationship between the two companies.
At Wincor World, taking place in Paderborn, Germany this week, Retail Logic was named a Gold Partner and confirmed as Wincor Nixdorf’s chosen software partner for EMV migration worldwide.
“Today, retailers look for a total solution that meets both their retail automation and electronic payment needs," says Alan Townsend, Director, Retail Division of Wincor Nixdorf UK. "As a leading systems integrator we had to decide whether to continue developing and working with multiple payment software solutions or look for a single preferred partner.
"With the increasing complexity of new smart card based payment systems we took the decision to appoint a single strategic partner. Retail Logic was the natural choice, as we recognise the strengths of their products and have developed a strong mutual trust. They’re fully supportive of our OPI (Open Payment Initiative), which aims to standardise the interface between a retailer’s point-of-sale application and the payments software. OPI will bring significant benefits to retailers who trade in multiple countries and we welcome Retail Logic’s endorsement.”
“We are delighted to receive Wincor Nixdorf’s Gold Partner status, which is based on a longstanding and successful relationship between our two companies,” adds Tim Stratton, Retail Logic Managing Director. “We’re extremely proud of our reputation for best-of-breed payment processing payment solutions, which offer our customers real operational advantages. This new strategic partnership is a key part of our international expansion strategy and we believe it will deliver clear benefits to forward-thinking retail groups looking to implement unified, cross-border architectures.”
Notes to Editors
About Retail Logic
The Retail Logic team has been providing payment processing software for more than 15 years. Covering any form of payment card and transaction environment, Retail Logic’s software handles more than £85 billion a year in the UK alone. Investment in people and research and development, together with a clear focus on the needs of retailers, have led to award-winning products and UK market leadership.
About Wincor Nixdorf:
Wincor Nixdorf is the recognised European leader in IT solutions and services for the banking and retail sectors. In the banking sector, the focus is on ATM and other self-service banking solutions and in the retail sector on EPOS and store solutions. The solutions are the integrated portfolio of business solutions, consultancy, integration and implementation services, enabling customers to increase consumer focus and business efficiency. The Corporation has a presence in over 70 countries, with over 5000 employees and a continuing record of strong profitable growth and increase in market share. The company was founded in Germany, which continues to be the largest market, followed by the UK, which represents approximately 10% of group turnover.
