- A complete mobile payment acceptance service
- Additional revenue streams for Rubean
Munich, February 7, 2022: Fintech company Rubean AG, Munich, (ISIN: DE0005120802, WKN: 512080, R1B:GR), a leader in mobile payment acceptance for Android devices, announces GetPAYD, a complete mobile payment solution for corporate customers, providing a front-end application on corporate devices. GetPAYD combines device-based payment acceptance with payment processing and is based on Rubean’s market-leading SoftPOS technology. GetPAYD offers a complete service, from the point-of-sale app to payment processing, allowing Rubean to earn additional revenue from acquiring fees. GetPAYD was developed in response to market needs and is based on a project with ExpressOne (a leading parcel delivery company in Hungary) and Global Payments Europe.
With the introduction of GetPAYD, Rubean provides businesses with a practical solution that seamlessly integrates into existing platforms and deployed devices. GetPAYD is available to corporate customers, including delivery companies, management platforms in the hospitality industry, and other front-end solutions through which commerce is conducted. For example, delivery companies today need to carry at least two separate devices, one for managing the delivery and a second one for accepting cash on delivery payments. GetPAYD from Rubean reduces system fees and administrative costs by loading the functionality of the second device as a SoftPOS app onto industry-specific Android devices.
“As the world moves towards contactless payment options, our SoftPOS-based GetPAYD offers a complete product that enables coverage of almost all markets and segments in Europe,” says Dr. Benjamin Levy, Chief Commercial Officer of Rubean. “Corporate customers are experts in their field of business but don’t have the time to assemble a payment solution like a Lego set. GetPAYD from Rubean provides a fast, seamless, and comprehensive solution for that.”
About Rubean:
Rubean AG is an established software manufacturer in the financial sector with 20 years of experience. The company is now growing with the development of innovative solutions for mobile payments. This includes the mobile point-of-sale terminal solution PhonePOS, which was developed in collaboration with CCV. Rubean is listed on the m:access of the Munich Stock Exchange, as well as on the Frankfurt, Berlin, and Düsseldorf exchanges, and on Tradegate and Quotrix.
