Payroc and ID TECH partner to launch the NEO 3 line of products, starting with the VP3350, a compact card reader perfect for unattended and mobile payment environments
Payroc, a leading provider of integrated payment processing solutions, is thrilled to announce its collaboration with ID TECH, a pioneer in payment device technology, to unveil the cutting-edge ID TECH NEO 3 Platform of Products. Engineered specifically for independent software vendors (ISVs) operating in unattended and self-service environments, the NEO 3 line integrates seamlessly with the Payroc gateway, representing a significant milestone in the evolution of integrated payment solutions.
The cornerstone of the NEO 3 Platform of Products is the VP3350, a successor to the VP3300, and is now empowered by the robust capabilities of the Payroc payment gateway. ISV partners can leverage the platform to unlock a host of advanced features, supported by Payroc’s Android, Java, and Windows SDKs, ensuring unparalleled versatility and performance.
Fintech Insights:Â Hyper-personalization in Banking: The Tech Journey to Serving a Segment of One
“The launch of the NEO 3 device line underscores our commitment to empowering ISV partners with cutting-edge payment technology tailored to the unique demands of unattended environments,” said Walter Greaney, Vice President of Product Management at Payroc.
The VP3350 card reader was designed for seamless connectivity, making it an ideal choice for unattended environments such as micromarkets and mobile businesses. Pass-through charging allows merchants to keep their POS devices powered on through continuous use, perfect for unattended kiosks utilizing tablet solutions.
“Payroc has been a valuable and trusted partner of ID TECH for more than a decade, and we are excited to combine our expertise in unattended hardware with Payroc’s powerful platform to provide ISVs with premier unattended payment solutions,” said Bill Rorick, Chief Revenue Officer of ID TECH.
As part of Payroc’s ongoing commitment to providing cost-effective solutions, the ID TECH NEO 3 line is fully compatible with RewardPay, Payroc’s low-cost processing program. Merchants can pass along or share processing costs with their customers, reducing expenses by up to 70%.
The launch of the NEO 3 Platform of Products marks a significant step forward in Payroc’s mission to deliver premium products and technology, with a particular focus on the rapidly evolving unattended payment industry.
Stay tuned for the forthcoming release of additional devices in the ID TECH NEO 3 line, including the Kiosk V, VP7200, VP6825, and the VP8810(P).
The Payroc and ID TECH partnership will be on display at The NAMA Show 2024 in Dallas, Texas on May 7-9, 2024 in booth 1654.
Read More About Fintech Interviews:Â How Blockchain-Powered Ecosystems Are Poised to Transform the Agricultural Sector
[To share your insights with us, please write to psen@itechseries.com ]Â
