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Lavu Partners with CardConnect to Offer Seamless Payment Processing

October 10, 2018

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Oct 10, 2018--Lavu, a leading point-of-sale (POS) provider for the restaurant industry, and CardConnect, a First Data Company, announced a partnership allowing restaurants and bars to meet evolving business requirements with integrated payment technologies.

Recently, Lavu integrated its leading mobile point-of-sale with CardConnect’s platform powered by Bolt P2PE. The combined offering, known as LavuPay, provides restaurants, bars, and clients with secure payment processing and maximum data breach protection through advanced payment devices featuring PCI-Validated Point-to-Point Encryption (P2PE) and tokenization. The integration gives owners the ability to modernize the payment experience through contactless and mobile payment acceptance capabilities.

LavuPay is transformative for customers that experience high processing fees. The single source solution is built on developer-friendly APIs making it easy to set up, features low processing rates, and includes complete reporting that monitors the full transaction lifecycle in real-time. LavuPay also provides customers with in-house support available 24-7 to ensure they get the most from their investment.

“Lavu’s mission is to help restaurants and bars efficiently manage every aspect of their business within one, seamless platform. This partnership takes our comprehensive system and adds secure payments, creating a huge opportunity for customers to stop wasting time and money on an additional payment processor. We are thrilled to deliver this solution through our partnership with CardConnect,” said Saleem S. Khatri, Chief Executive Officer of Lavu.

“Restaurants and bar owners operate at a fast pace, meaning they are constantly seeking new ways to streamline and secure payments,” said Rob Nathan, Executive Vice President, CardConnect. “The opportunity to work closely with Lavu is one we’re excited about. Together, we’re pairing the best payment and restaurant management solutions with unparalleled customer service to drive maximum value for our customers.”

For additional information, visit www.lavu.com.

About Lavu

Lavu is the world’s leading mobile point-of-sale system for restaurants. Used in more than 90 countries, Lavu is a full-featured iPad-based POS system designed exclusively for restaurants and bars. Lavu was the first iPad point of sale in the Apple App Store and continues to offer the latest in features and functionalities. Features include flexible payment-processing solutions, an intuitive interface, and Lavu’s business management suite for all reporting needs. Lavu is ideal for all food and drink establishments, streamlining operations to simplify management and improve the customer experience.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company’s 22,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.4 trillion per year. For more information, visit www.firstdata.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005769/en/

CONTACT: Lavu

Hilary Wainwright

937-697-4273

hilary.wainwright@lavu.com

KEYWORD: UNITED STATES NORTH AMERICA NEW MEXICO

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE RESTAURANT/BAR MOBILE/WIRELESS RETAIL

SOURCE: Lavu

Copyright Business Wire 2018.

PUB: 10/10/2018 12:19 PM/DISC: 10/10/2018 12:19 PM

http://www.businesswire.com/news/home/20181010005769/en

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