EPOS Systems provider Uniwell and sQuidcard announce new partnership to deliver eMoney services

24th November 2008 - Blackburn and London

Uniwell (www.uniwell.co.uk), the UK based Electronic Point of Sale (EPOS) systems provider, yesterday announced the integration of its electronic till platform with sQuidcard's eMoney solution to enable contactless transactions with loyalty schemes.

The first phase solution is now complete, enabling Uniwell EPOS system customers to accept low cost cashless transactions for the first time, using the sQuid eMoney platform.

'There is a big demand from our customers particularly in the catering, business and industry, education and retail sectors to encourage the replacement of cash. Up to now, the bank schemes have not had much impact, but with sQuid we can provide a much better customer experience, deliver improved managment information, and provide integrated loyalty services through our EPOS systems', said Jonathan Hutchings, Managing Director of Uniwell.

The sQuid service is based around a smartcard used for contactless payment. Customers top-up the free prepaid card, using it at enabled tills.

sQuid Enabled POS System (Point of Sale)

The first Uniwell enabled sQuid point of sale installations are now live in two schools, where sQuid has worked with Uniwell and its business partner to deliver the service. sQuid is also available in Bolton and Dundee.

With an ability to provide an available-to-all prepaid card, with multi-purse technology, sQuid is much more flexible than bank card or other loyalty schemes, and significantly cheaper for retailers than any other cashless system. It has been specifically designed to replace cash transactions in fast retail environments, and is compatible with transport smartcard applications.

Uniwell is making the integrated EPOS system solution available through all its distribution partners. Uniwell and sQuidcard will work with the partners to deploy the cashless schemes to meet each customer requirement.

'sQuid saves time, is more convenient than cash, and helps you keep an eye on where your money is going. As an independent eMoney network, you can't get into debt and you don't even need a bank account to use it, making it ideal for everyone. sQuid delivers easy payment and loyalty with truly cashless transactions, and the integration of our terminals with the Uniwell systems gives a simple to implement solution on the customer's premises', says Adam Smith, Managing Director of sQuidcard.

http://www.squidcard.com/corporate/Uniwell_24NOV08.html