Press Release

Munich, Bavaria ( connect2business ) October 17, 2013 - payworks, a provider of a mobile Point of Sale processing platform, today announced their partnership with Orderman, leading provider of technology solutions for the European hospitality industry, to build one of the first Chip & PIN solutions for mobile ordering terminals. Orderman integrates the payworks mPOS SDK into their ordering and billing systems, enabling their merchants to accept payments with low cost and pocket size Chip & PIN devices. The combined solution will be presented at IGEHO, one of the largest exhibitions for the hotel sector, taking place in Basel/Switzerland from 23rd to 27th of November 2013.

Orderman, a leading specialist for ordering and billing systems in the restaurant and hospitality business relies on payworks technology to prepare their products for the growing demand of mobile POS solutions. Within the scope of the project, Orderman integrates the payworks mPOS SDK (mobile Point of Sale Software Development Kit) into their products. The implementation enables merchants using Orderman terminals to equip their staff with a fully certified, low cost credit card terminal, which they can carry around in their pockets, reducing checkout time significantly and enhancing the interaction with their guests. Prior the now introduced solution, the staff had to get a wireless terminal from the sales counter each time a customer wanted to pay by card. All payment traffic is securely tunneled through the Orderman Secure Radio (OSR) protocol increasing the range and efficiency of the solution, without compromising security.

The collaboration is an important step for both companies to make mobile POS technology available to the masses. Orderman is currently providing 70.000 mobile ordering devices to more than 35.000 merchants across 45 different countries. Their devices are used both in the gastronomy and retail business by merchants such as Vapiano, Fastorder and Valor. Christian Deger, CEO of payworks: "Orderman is one of the leading innovators in the POS space, always striving to perfect the customer experience with their products. We are very happy that payworks is part of Orderman's initiative to make mobile POS technology available to their clients."

By working with payworks as the technology provider, Orderman profits from the possibility to build a variety of different mobile POS solutions on top of payworks development interfaces. Andreas Neuhofer, Director Marketing of Orderman: "We believe that mobile POS offers a huge potential for merchants to increase efficiency, gain more profits and provide a higher customer satisfaction. With payworks as a dependable partner, in the future not only Chip & PIN but many more solutions are feasible. Our goal is to help our merchants grow further and we are excited about the times to come."

For payworks, the collaboration with Orderman comes just after the company has secured another financing round in September. Among key executives in Europe's payment and commerce space, the round was joined by SpeedInvest, a Vienna based Super Angel Fund. In a previous round payworks has raised Seed financing from Barikuta Partners in early 2012.

About payworks:

payworks provides a mobile point of sale (mPOS) platform that lets merchant service providers quickly build payment functionality into their applications. The software development tools of payworks make it easy for developers to build mobile solutions for face-to-face payments with Chip & PIN card readers as well as solutions for shoppers to pay directly with their phones via in-app payments and wallets. For additional information, visit: http://www.payworksmobile.com/

Press Contact payworks:

Clemens Kühnel, Communications Manager
Tel: +49 89 416158 400
Email: press@payworksmobile.com
URL: http://www.payworksmobile.com/

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Organisation Profile:
payworks provides a mobile point of sale (mPOS) platform that lets merchant service providers quickly build payment functionality into their applications. The software development tools of payworks make it easy for developers to build mobile solutions for face-to-face payments with Chip & PIN card readers as well as solutions for shoppers to pay directly with their phones via in-app payments and wallets. For additional information, visit: http://www.payworksmobile.com/