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December 16, 2014updated 04 Apr 2017 4:04pm

Spindle, TekTango to create affordable payment app

Mobile commerce solutions provider Spindle has entered into an agreement with TekTango, a Tampa-based global payment technology provider, to create an affordable bundle of payment applications for supporting a varied range of point-of-sale (POS) hardware.

By Verdict Staff

Mobile commerce solutions provider Spindle has entered into an agreement with TekTango, a Tampa-based global payment technology provider, to create an affordable bundle of payment applications for supporting a varied range of point-of-sale (POS) hardware.

TekTango combined with Spindle’s payment aggregation platform will enable merchant acquirers, ISOs and resellers to leverage a sophisticated selection of payment processing services and POS peripherals that accommodate various vertical merchant segments.

The Spindle-TekTango bundle will deliver a unified platform for retail and mobile payment acceptance using both iOS and Android devices in an affordable price.

The new services will support several transaction types, including EMV, ACH, ApplePay, gift and loyalty card acceptance and an integrated cash drawer option for recording cash sales via a NFC POS device.

Bill Clark, CEO of Spindle, said: "The POS bundle from Spindle and TekTango allows merchants to cost-effectively accept new payment types, such as EMV and ApplePay®, and expand our offering to providers at a competitive cost structure.

"This is an exciting development for resellers who want to take advantage of advanced payment technologies while strengthening their own revenues and brand, without having to manage a complicated technology integration."

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