#USA #payment solutions #Greenville, S.C. #NewBold Technologies #Newland NPT

NewBold Technologies Joins Forces with Newland NPT to Innovate Payment Solutions

In a major development for the North American payments industry, NewBold Technologies, a leading provider of deployment services in the retail and Quick Service Restaurant (QSR) sectors, has announced its strategic partnership with Newland Payment Technology (Newland NPT). This collaboration aims to revolutionize the landscape of payment solutions by introducing state-of-the-art Android-based terminals, catering to the evolving needs of both businesses and consumers.

A Game-Changer in Payment Solutions

The partnership marks a significant milestone for NewBold, as it becomes the first company authorized to distribute Newland’s advanced terminals throughout North America. This venture combines Newland's technological expertise in manufacturing payment devices with NewBold's extensive experience in lifecycle management, thereby filling a crucial gap in the market for seamless and sustainable payment solutions.

The introduction of Newland’s Android-based terminals is anticipated to enhance transaction efficiency and customer experience significantly. With Newland NPT's impressive track record of over 100 million payment devices deployed globally, the partnership is strategically positioned to leverage NewBold’s three decades of deployment expertise.

Comprehensive Service Offering

NewBold plans to provide customers with a complete end-to-end service model, ensuring that every aspect of the payment solution, from procurement to ongoing support, is handled seamlessly. This approach not only simplifies the management of payment technology for businesses but also minimizes compliance risks associated with payment processing.

The Key Injection Facility operated by NewBold will play a pivotal role in securing transactions by overseeing critical measures such as device encryption and compliance management. This vertically integrated model ensures that customers receive high-quality service without external disruptions, backed by a network of NewBold’s certified technicians spread across all 50 states, Canada, and Mexico.

Elevating the North American Market

“This partnership aligns perfectly with our mission to simplify technology management for retailers and QSRs nationwide,” remarked Johan Claassen, CEO of NewBold Technologies. He emphasized the commitment to delivering easily deployable, reliable payment solutions backed by comprehensive lifecycle management services.

Kazem Aminaee, CEO of Newland NPT International, also expressed enthusiasm about the collaboration, underlining the importance of expanding their footprint in the North American market. By leveraging NewBold's distribution expertise alongside their own innovative solutions, they aim to meet the growing demand from payment service providers, gateways, and independent software vendors (ISVs).

The Perfect Match

The strengths of both companies complement each other; while Newland NPT is recognized for its innovation and robust manufacturing capabilities, NewBold boasts an impressive operational scale, with over 36,000 sites deployed annually. This partnership synergizes their respective strengths to enhance service delivery effectively, making it easier for merchants across industries to adapt to new payment technologies.

As consumer trends shift towards digitization and increased reliance on contactless payments, businesses will benefit from this collaboration's novel solutions that promise reduced wait times at checkout, enhanced transaction security, and an overall improved customer experience.

For NewBold Technologies, the collaboration with Newland NPT not only positions them as a key player in the industry's evolution but also underscores their commitment to innovation and customer satisfaction. As both companies strive to foster seamless commerce in an ever-changing retail landscape, this partnership is sure to make waves across North America.

About NewBold Technologies

NewBold Technologies has been at the forefront of managed services for over 30 years, delivering unparalleled support and technology solutions across the retail landscape. With a strong commitment to compliance and support, they continue to set new standards in the industry, proving their dedication to facilitating technology management for their clients.

About Newland Payment Technology

Newland NPT is a global leader in secure payment acceptance technology, widely recognized for its commitment to providing innovative solutions and long-term value in the payment ecosystem. Their strategic approach to manufacturing has empowered countless businesses around the world through robust and adaptable payment systems.

For more details about the partnership, please visit NewBold Technologies and Newland Payment Technology.