US roll-out for Kiwi self-pay technology
Giant US petrol and convenience store chain Speedway is to use New Zealand self-pay technology to cut costs.
Speedway has 2770 stores across the US in 22 states, and each will be fitted with self-pay terminals including components from the Auckland company Ivenco.
They will allow customers can pay at the pump, and order things from Speedway’s on site convenience stores.
Ivenco’s name won’t be on any of the terminals.
The terminals will be branded NCR, whose self-pay units incorporate some of Ivenco’s technology.
Gavin Lennox, chief executive of Ivenco said: ‘‘It’s the ideal kind of
"For us it is an incredible route to market." Ivenco chief executive Gavin Lennox
partnership. We are not in competition, we are working together.’’
He said: ‘‘For us it is an incredible route to market. One of the biggest challenges for New Zealand companies is to get their product distributed, especially in the US.’’
NCR is a giant ATM and payment terminal company. Its original name was the National Cash Register company, Lennox said.
The NCR terminals have to be robust enough to stand outside conditions. But they must also be able to accept payments from a number of different payment technologies, from the oldfashioned mag-stripe payment cards still common in the US, to accepting payments by mobile phone.
Payments technology was changing rapidly, Lennox said. Earlier this month BP launched a mobile app allowing drivers to pre-order, and pre-pay for petrol.
Lennox expected the Speedway contract to create jobs at Ivenco in New Zealand.
Ivenco was ranked seventh in the latest TIN100 Report, which is an annual analysis of New Zealand’s largest globally-focused technology companies.