Press release from Marketwire
GuestLogix Strengthens Relationship with Momentum Services and Eurostar with New Merchant of Record Agreement
Company Deploys Global Payment Services to Support Growing Onboard Retailing Program Onboard Major Rail Customer
Thursday, August 15, 2013
GuestLogix Strengthens Relationship with Momentum Services and Eurostar with New Merchant of Record Agreement07:00 EDT Thursday, August 15, 2013
TORONTO, ONTARIO--(Marketwired - Aug. 15, 2013) - GuestLogix Inc. (TSX:GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, today announced the deployment of its Global Payment Services as part of a new Merchant of Record agreement with European rail catering company, Momentum Services for its customer Eurostar. In conjunction with the Company's onboard retail technology platform, the longtime customer will now be using GuestLogix' Global Payment Services and upgraded PCI-compliant handheld POS devices for the secure processing of payments onboard. In addition to added security, Momentum will also benefit from the ability to accept additional forms of payment across all customer routes.
"With this new agreement, GuestLogix celebrates its first Merchant of Record deployment in the rail industry," said Brett Proud, President & CEO, GuestLogix. "Momentum has long been an innovator with a superb onboard retailing mindset, and now utilizing GuestLogix as Merchant of Record, Momentum is equipped to further strengthen their programs with the industry's most flexible and certified Global Payment Gateway services. With certified payment processing and additional payment method acceptance onboard, this service upgrade amounts to a tangible increase in revenue for our customer."
Momentum has been using the Company's onboard retailing technology and POS devices to sell food and beverage, as well as destination-based merchandise offerings onboard its dedicated customer, Eurostar. Momentum upgraded to GuestLogix' PCI-compliant POS handheld devices to capture payments through the Company's Transaction Processing Engine (TPE) for the most stringent and secure payment acceptance available. Additional payment services were also selected to reduce fraud and offer certified payment processing, which has enabled Momentum to accept an expanded selection of payment types and credit cards onboard.
"The GuestLogix solution provides us with a complete set of tools to aide us in supporting our customer's onboard retailing initiatives," said Pierre-Louis Phelipot, Managing Director, Momentum Services. "Our aim is to provide excellent customer service for Eurostar. As we advance our relationship with GuestLogix, we help to deliver a seamless travel experience for our customer's passengers by accepting a wider variety of secure payment methods, and offering the ultimate selection of destination-based attractions, transportation and travel merchandise."
Having experienced great success selling destination-based merchandise to date, Momentum has also chosen GuestLogix to act as its exclusive destination-based content provider, offering Eurostar's passengers a robust selection of products and services in Paris, London and Brussels, thereby enhancing passenger experience. These offerings include OnTouch® Ground Connections for transfers and metro passes, as well as OnTouch® Box Office for tickets to destination attractions and theme parks.
"We are thrilled to build upon our longstanding customer relationship with Momentum," said GuestLogix SVP & General Manager - Global Rail, Thomas Drohan. "Our goal is to continue to drive growth in the European rail industry through innovation and strong relationships. Our expanding services to Momentum and their customer Eurostar remains one of significant value and one that continues to set the standard for onboard retail practices throughout the rail industry."
About Momentum Services
Momentum is a joint venture company owned by Cremonini and SSP/Rail Gourmet and provides Eurostar with a full on-board service for Business Premier, Standard Premier and Standard Class customers. These services are offered on trains operating between London and Paris and between London and Brussels. Some additional seasonal services are extended to the Alps in winter and the South of France in the summer. Additionally it supplies the Customer Lounge Services in London St Pancras, Paris and Brussels. http://www.momentumservicesltd.com
GuestLogix Inc. (TSX:GXI), the leading global provider of onboard store technology and merchandising solutions, brings over a decade of expertise as a trusted onboard transaction processing partner to airlines, rail operators and the passenger travel industry. GuestLogix helps its customers to create, manage, and control onboard retail environments tailored to their needs and their passengers for a truly personalized experience. The Company is partnered with global leaders in catering, duty-free and in-flight entertainment, offering complete onboard retailing services to airlines and rail operators worldwide. GuestLogix' global headquarters and centre for product innovation is located in Toronto, with regional head offices located in Dallas, London and Hong Kong. More information is available at www.guestlogix.com.
© 2013 GuestLogix. All Rights Reserved.
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on May 15, 2013 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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