Universe Group, the developer of online loyalty systems, has announced that UK fuel retailer Rontec Investments has awarded HTEC, a subsidiary of Universe, a 'Helpdesk and Field Service' contract across its retail network of more than 100 fuel sites in the UK.
The company further reported that Rontec had chosen HTEC to provide its new generation of electronic funds transfer, loyalty and fuel card acceptance platform for its network solution.
The development follows the consolidation of Rontec's network after the purchase of sites from Total.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
According to Universe Group, the solution will be based on HTEC's GemPAY payment terminal. GemPAY will handle major credit and debit cards, as well as the latest derivatives of major UK and international fuel cards, which will include Chip and PIN security.
Stephen McLeod, Chief Executive Officer of HTEC, said: "We are delighted that Rontec has chosen us as their service partner. We look forward to supporting one of the UK's leading independent retailers and continuing our long standing relationships with their client sites."
Jan Bek, IT Manager of Rontec, said: "Ensuring our sites provide a secure payment environment for our customers is of paramount importance in the choice of partner for our future payment solution. We chose HTEC based on their experience, capabilities and reputation in the payment arena. We look forward to realising the benefits of our enhanced relationship."
Universe Group's share price was up 6.25% to 4.25p at 12:26 on Wednesday.
MF
-
Thousands of Neil Woodford investors sue Hargreaves LansdownMore than 5,000 people who invested in Woodford's collapsed equity income product are taking Hargreaves Lansdown to court
-
Is now a good time to invest in gold?In the current market conditions, is gold a good investment? We explore the reasons why now might be a good time to put some money into gold.
