Posera and POS Portal Announce their Distribution Partnership for SecureTablePay Across the U.S.

TORONTO, June 12, 2018 /CNW/ - Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, and ScanSource, Inc. (NASDAQ: SCSC), a global provider of technology products and solutions, announced today a partnership that makes POS Portal, a ScanSource Company, the primary distribution partner of Posera's pay-at-the-table solution, SecureTablePay^®.

SecureTablePay makes it possible for customers to pay their restaurant bill directly at the table via easy, efficient, secure, and EMV-compliant transactions, while enhancing the customer experience. This solution allows the server to perform all functions of completing the payment transaction directly at the table – including pulling up the check, accepting and authorizing payment, and closing the table with full reconciliation to the point-of-sale (POS). As customers' credit and debit cards never leave their possession, SecureTablePay also improves security and fraud protection.

With a broad distribution channel, POS Portal will be instrumental in successfully deploying and supporting SecureTablePay in the U.S. market. "We always have an eye out for what's happening next," said Kevin Kent, Director of Channel Development for POS Portal. "Our channels have been asking for a pay-at-the-table solution that is easily integrated and includes a wide array of functionality," said Kent.

Serving partners in the payments industry for almost 20 years, POS Portal is equipped to configure and deliver all the necessary hardware components for SecureTablePay. POS Portal also offers front-line support, troubleshooting, and replacement services for payments hardware regardless of the independent software vendor (ISV) or processor used.

"POS Portal is the ideal distribution partner for SecureTablePay as they have multiple key injection facilities across the U.S.," said Akash Sahai, EVP, Strategy and Business Development for Posera. "SecureTablePay works with most leading payment processors and is integrated to 25 of the leading restaurant management systems. Given that POS Portal also works with the leading processors and ISVs, POS Portal is a perfect fit to distribute SecureTablePay," added Sahai.

Certified with several leading processors, including Vantiv (now Worldpay), SecureTablePay allows restaurants to now adopt a next-generation solution that allows operators to upgrade card security, gain server efficiency, enhance patron experience, and limit chargebacks. As a partner with a proven track record of successfully helping payment innovators deliver cohesive solutions to market, POS Portal has made adopting SecureTablePay fast and easy.

About POS Portal
Since 2000, POS Portal has been changing the payments industry. As a leading distributor of credit card terminals and supplies, POS Portal is pioneering the way in logistics and distribution for secure payment devices. Having one of the most extensive libraries of injection keys and over 17 years of strategic relationships with gateways, processors, and terminal OEMs, POS Portal has the resources needed to always deliver secure devices preconfigured just the way our partners need them. With two Key Injection Facilities (KIF), POS Portal deploys devices direct to businesses nationwide. At POS Portal we're committed to providing exceptional service to the point-of-sale industry through mutually beneficial, long-lasting relationships. In 2017, POS Portal was acquired by ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions. For additional information, please visit http://www.posportal.com or call 1-866-940-4POS (4767).

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera's full service solutions include: SecureTablePay^®, an EMV compliant pay-at-the-table application; Maitre'D^®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera's solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company's website at www.posera.com or under the Company's profile on SEDAR at www.sedar.com.

SOURCE Posera Ltd.