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Magnati partners with Oxinus Holdings

Monday 8 January 2024 07:46 CET | News

Middle East-based payments solutions provider Magnati has partnered with Oxinus Holdings to improve the payment landscape within the food and beverage industry. 

Through this strategic alliance, Oxinus Holding integrates Spotlight, its POS solution, with Magnati’s simplified payment processing, aiming to provide a unified and improved experience for the food and beverage (F&B) industry.

Middle East-based payments solutions provider Magnati has partnered with Oxinus Holdings to improve the payment landscape within the food and beverage industry.

Magnati – Oxinus Holdings partnership objectives

By merging Spotlight’s user-friendly interface with Magnati’s secure payment processing, the two companies intend to ensure a simple and convenient point-of-sale experience for customers. Additionally, the integration focuses on enhancing the product experience for F&B enterprises by minimising manual, time-consuming tasks for staff, increasing customer satisfaction, cost-efficiency, and accelerating payment processing. According to Magnati’s officials, the association with Oxinus Holdings supports the company’s commitment to improving payment solutions for the F&B sector. The platform intends to enable businesses with enhanced payment transaction management capabilities, with Magnati focusing on offering efficiency and security.

Furthermore, representatives from Oxinus Holdings underlined their company’s shared commitment with Magnati, as both enterprises intend to improve the F&B transaction process. The collaboration also supports Oxinus’ objective of expanding its services to additional markets and capturing new opportunities in the region. Developed by Oxinus Holdings, Spotlight is an all-in-one cloud-based POS system that aims to simplify operations, increase revenue, enhance customer experiences, and allow the convenient management of the transaction ecosystem. The software provides Point of Sale Services, Pay-at-Table Solution, e-Ordering Services, Reservation Services, and e-Ticketing Services. Moreover, Oxinus’ business-centric solutions are created to stimulate growth for enterprises of all sizes, supporting them in the current digital landscape.

Magnati’s recent developments and collaborations

With its operations based in the MENA region, Magnati focuses on direct acquiring, issuer processing, and acquiring processing. The company offers its services to government, merchant, and institutional clients, with its platform leveraging improved technology to provide enhanced experiences and increased efficiency. In recent months, Magnati entered several collaborations to advance its development strategy, including one with Lagardere Travel Retail in December 2023. The partnership was intended to allow Magnati to offer card acceptance services to Lagardere’s network in the UAE, which included over 200 acceptance points across Abu Dhabi International Airport and Dubai International (DXB).

A month prior, Mangati partnered with Sheikh Shakhbout Medical City (SSMC) to offer enhanced healthcare payment methods. By joining forces, the company provided MagnatiPay to offer a simplified and secure payment experience for SSMC patients. Patients received the ability to settle their bills without being required to carry cash or checks, as they could leverage a wide range of payment channels, including cards, e-wallets, and self-checkout kiosks.

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Keywords: partnership, payments , POS, payment processing, mobile payments
Categories: Payments & Commerce
Companies: Magnati, Oxinus Holdings
Countries: Middle East
This article is part of category

Payments & Commerce

Magnati

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Oxinus Holdings

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