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NewProduct





                                 All-in-one POS, business


                                   management solution





                                                                         synchronize online and storefront sales; recon-
                                                                         cile sales ledgers; manage pricing, discounts, ac-
                                                                         counting and payroll; and access customer ana-
                                                                         lytics from any connected device.
                                                                         •     Remote store and device access: Remote
                                                                         terminal management and transaction process-
                                                                         ing capabilities, backed by continuous support,
                   Company: Sound Payments Inc.                          enable merchants to manage their businesses
                                                                         and device populations from anywhere.
                   Product: E500 Storefront ECR
                   Website: www.soundpayments.com                        •     Cost efficiencies: Subscribers can access
                   Contact: info@soundpayments.com                       centralized  reporting  and consolidated  settle-
                                                                         ments on demand without having to pay gate-
                                                                         way transaction fees or install and maintain lo-
                                                                         cal software.

                 ound Payments Inc., a diversified technolo-             •     Multiple payment scheme support: E500
                 gy company, has created the E500 Storefront           accepts any payment method, for example, mag-
                 Electronic  Cash  Register  (ECR).  Designed  to      netic stripe, chip and contactless card payments,
        S help small and midsize merchants grow and                    UnionPay, WeChat and Alipay. Credit, debit, gift
        scale their businesses, the solution combines POS and          and prepaid products, mobile wallet and cash are
        critical  business  functions  within  a  small,  cost-effective   also included. A dual-facing camera facilitates QR
        footprint, according to company representatives.               code and barcode scanning.
                                                                     • Seamless interoperability: Moving integration
        "The E500  system is  an  Android-based tablet  that  looks    to the cloud eliminates interruptions in service,
        like a cash register but doesn't have the price point of a     enabling merchants to efficiently manage devices
        larger integrated system," said Bill Pittman, vice president   from a central location, maintain hierarchies of de-
        of ECR and POS solutions at Sound Payments. "The POS           vices and remotely control each device and corre-
        and card reader can share information in the cloud while       sponding transaction.
        keeping payment card data out of PCI scope."
                                                                Partner-centric, vertically focused
        The E500 replaces standalone cash registers and
        countertop terminals with a fully integrated solution that   Sound Payments provides a range of vertically focused
        leverages the company's Quantum Cloud Solutions. It also   products to a diverse group of channel partners, resellers
        provides a repository of non-payment related information   and distributors. Its partnerships with original equipment
        for merchants, enabling them to more efficiently manage   manufacturers, such as Verifone, Ingenico Group and
        their businesses, Pittman said.                         PAX Technology, facilitate secure, expedient electronic
                                                                payments, according to company representatives.
        Improve efficiencies
                                                                "We have a culturally diverse management team with deep
        The E500 makes enterprise-level services and support    experiences in a multitude of industries," said Andrew P.
        available  to  a  previously  underserved  small  merchant   Russell, president at Sound Payments. "We bring a culture
        community, Pittman noted. Its subscription-based model   of diversity and inclusion to payments, finance and
        includes payment terminal hardware, a semi-integrated   healthcare."
        payment application,  continuous updates and 24/7  help
        desk support. Sound Payments' said its data consolidation   Russell provided the following examples of how the
        capabilities give merchants a bird's eye view of retail and   company addresses unique requirements across multiple
        restaurant environments, as well as the following benefits:   industry sectors:

             • Inventory management: Quantum Cloud pro-             • Independent software vendors: The Quantum ISV
               vides real-time sales data, enabling merchants to      platform is designed for independent software ven-


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