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Issue Date: Vol. 52, No. 5, May 2012, Posted On: 4/30/2012


Spindle Rolls Out Turnkey RhinoPay Payment Platform


Emily Jed
Emily@vendingtimes.net
cashless vending, vending machine payment system, Spindle Inc., RhinoPay payments, vending machine, vending business, Apriva Vend, MEI, Bill Clark, unattended POS, electronic transactions, mobile payments

LAS VEGAS -- Spindle Inc. introduced its turnkey RhinoPay payments solution at the National Automatic Merchandising Association's OneShow in Las Vegas.

RhinoPay facilitates payments among consumers and between businesses and consumers through both e-commerce and mobile commerce portals. It integrates with a wide range of traditional payment mechanisms, including check, debit and credit cards, giving both consumers and merchants flexibility in conducting transactions.

RhinoPay integrates with Spindle's processing bank to offer a flat-rate pricing plan, instant activation and 36-hour funding. Spindle offers the Apriva Vend cashless vending solution and leasing options for MEI hardware to vending operators.

"Vending operators are continuously looking for a cost-effective, seamless and reliable solution to accept cashless payments," said Spindle president Bill Clark. "Our partnership with Apriva, MEI and one of the nation's leading processing banks will result in a superior one-stop, full service solution that will enable operators to substantially increase revenue and lower operating costs by accepting cashless transactions."

In January, Spindle Inc. acquired Spindle Mobile, a developer and distributor of transactional technologies. It assumed development and distribution of all Spindle Mobile solutions, which include the not-yet-released RhinoPay platform. Spindle president Bill Clark was previously executive vice-president and general manager of Apriva's POS division. | SEE STORY


Topic: Vending Features

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