Single terminal accepts bankcards and campus payment credentials - including campus ID, employee badges and mobile applications
JACKSONVILLE, FL – Transaction gateway provider Trove and Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced a strategic partnership to elevate payment acceptance capabilities across the unattended retail industry. This collaboration will enable vending operators and unattended retail locations to accept a wide range of open and closed loop payment tenders in a single terminal.
The partnership combines Trove’s closed loop processing solutions with Global Payments' industry-leading bankcard acceptance capabilities to create an end-to-end service that addresses the evolving needs of the self-service retail market. With a single, low-cost terminal, customers can now accept virtually all types of bankcard payments as well as closed loop credentials from a wide range of campus, corporate, healthcare and other private account issuers. Trove’s gateway can support acceptance of campus meal plan accounts for all transaction types, including meal equivalency and meal exchange functionality. The solution is compatible with cloud-based retail systems and MDB standard machines. Trove Gateway is compatible with the major transaction systems used by US colleges and universities and with most closed loop systems for corporate locations and healthcare facilities.
"This partnership with Global Payments represents a significant milestone in our mission to simplify campus payments and modernize the unattended retail sector," said Jay Summerall, CEO of Trove. In partnership with Global Payments, we're enabling operators to offer the payment flexibility students and employees demand while providing robust backend systems required in today's competitive landscape."
The integrated solution is available now to operators and unattended retail businesses. Existing customers of both companies will have streamlined access to the combined offering.
For more information about the partnership and solutions, please visit www.paywithtrove.com and www.globalpayments.com.
Trove is a leading provider of transaction gateway and commerce-enabling technologies for a wide range of institutional venues, including colleges and universities, corporate locations, hospitals and healthcare systems. The new partnership with Global Payments expands Trove’s capabilities with an unattended retail solution custom built for the evolution of unattended retail points of sale.
Trove Media Relations
Brian Farley
(978) 994-0036