Givex's Vexilor POS Now Accepts Bitcoin

Company announces partnership with Bitpay at Money 20/20 Show

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Nov 03, 2014, 11:52 ET

LAS VEGAS, Nov. 3, 2014 /PRNewswire/ -- Thanks to a partnership with Bitpay, the world leader in business solutions for the bitcoin digital currency,Givex's Vexilor point of sale (POS) will now enable its merchants to accept payments in bitcoin.

Photo - http://photos.prnewswire.com/prnh/20141103/156158

Vexilor will process bitcoin payments with ease, allowing for an easy transaction process for patrons and smooth payment retrieval for merchants.

To make payment, customers will generate a QR code using their smartphone and have it scanned by the Vexilor tablet. On the merchant end the exchange is in real time, payment approval happening almost instantaneously on the POS. Nine currencies, including the U.S. and Canadian dollars, are accepted by Bitpay and Vexilor and direct bank deposit is available in 33 currencies, further making Vexilor the POS system of choice for global business owners as well as locally focused merchants.

Already an Europay Mastercard, and Visa (EMV) ready system, geared to nurture operational efficiencies and intuitive data capture, Vexilor further cements its status as the innovative POS by accepting bitcoin currency.

"Vexilor is an agile system and enabling bitcoin payments is an example of how we can quickly adapt to innovations that set our merchants apart," said Jim Woodside, VP Payment Services of Givex. "Now our merchants will be one step ahead of competitors when catering to tech-savvy clientele."

"Vexilor is the perfect partner for Bitpay. It is an adaptive and technologically intuitive POS which provides merchants with the latest innovations. Accepting bitcoin is the next step in this and is another way in which Vexilor is ahead of the game" said Stephanie Wargo, Vice President of Marketing of Bitpay.

Vexilor combines the functionality of enterprise legacy systems and the portability of new cloud based tablet apps in one easy to use POS solution. Vexilor is the new kind of POS system. Free software updates, provided with the system, enhance the already sophisticated Vexilor software and allow business owners a no-cost way to receive the latest innovative POS and enterprise capabilities.

About Bitpay

Bitpay provides the fastest, most reliable bitcoin integration on the planet with world-class engineering services and client operations teams. Bitpay's capabilities include a powerful API, 7 ready-made libraries, plugins for 22 e-commerce solutions, and instant integration into the world's best e-commerce web services.

About Givex

Givex is a technology company offering clients a global reach with cost-effective gift card, omni-channel loyalty, analytics, stored value tickets, and cloud-based POS systems. Our core distinction is taking on the tough task of managing all aspects of the transaction to ensure companies can deliver maximum customer satisfaction. Givex products and services give you insight into your data to enable you to better drive sales growth, customer relationship management and enterprise resource planning.

For more information or media inquiries, please contact

Saema Nasir
Communications Specialist
Givex
Phone: 416.350.9660 x 363
Toll free: 1.877.478.7733
Fax: 416.350.9661
Email: [email protected]

Website: http://www.givex.com

SOURCE Givex