The Apollo payment platform will be initially targeted at small- and medium-sized businesses through the company’s network of processors and ISO partners.
The Apollo family consists of three entirely new terminals: the Apollo Consumer-Facing Device (CFD), the Apollo Merchant-Facing Device (MFD) and the Apollo All-in-One (AiO). The CFD can be added to existing Equinox T4200 family devices as an upgrade to PCI 3.x, contact/contactless EMV and NFC, or in tandem with the Apollo MFD.
Equinox is a portfolio company of The Gores Group, a private equity firm focused on acquiring controlling interests in mature and growing businesses.
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