The Rahaxi Processing subsidiary of international card payments processor FreeStar Technology has entered into a distribution and referral agreement with Tietosauma, an independent point of sale software vendor in Finland.
As part of the agreement, Tietosauma will market Helsinki-based Rahaxi’s open terminal interface (OTI) to its merchant clients. Rahaxi-OTI is an in-house developed and managed middleware solution.
The FressStar subsidiary said that Rahaxi-OTI was developed to meet the need for a centrally managed point of sale (POS) application, which can be remotely updated when needed.
In addition, Tietosauma’s POS software products will be rolled-out to meet the requirements of the EMV and PCI-standards in Finland, using Rahaxi-OTI card payments processing software and Hypercom Optimum POS products.
Jarmo Hiltunen, managing director of Tietosauma, said: We at Tietosauma believe that Rahaxi Processing’s organization, as well as its wide range of products and services, enables us to migrate our merchant client portfolio to the EMV-standard securely and with ease.