Aurency: a journey from an idea to working with businesses all around the world

In today's rapidly evolving retail landscape, the demand for cashless and contactless payment solutions has never been higher. Aurency, a fintech startup founded by experts in unattended retail and contactless payments, has risen to meet this demand with its innovative and affordable all-in-one POS solutions. This article dives into Aurency's journey from a mere idea to becoming a supplier for the unattended retail industry businesses all around the world.

The Genesis of Aurency

Aurency was born out of a vision to revolutionize the unattended retail market by providing a universal, cost-effective, and reliable POS terminal. The Aurency A250, our flagship product, embodies this vision. Designed to be compatible with over 100 types of automated machines, the A250 is a versatile solution that caters to multiple verticals of unattended retail, including vending, corporate coffee services, laundromats, car washes, massage chairs, entertainment and arcade, and more.

Aurency A250 is not just another POS terminal; it is an all-in-one device that supports QR-codes, NFC, acquiring, telemetry, and more. With its bright touch-screen and built-in GSM antenna, the A250 simplifies user experience and drives more revenue for businesses by enabling cashless payments. Industry statistics support this statement, as businesses that adopt cashless payment solutions are believed to see their revenue increase by 1.5 to 5 times.

Now Aurency has grown from a team of vending experts into a fully functional fintech startup - small, but working across multiple geographies and with various businesses. Our customers include producers and distributors of vending machines/coffee machines/laundromats/etc, small, medium-sized and big vending and coffee operators, retail chains and fuel stations using coffee corners, etc.

Our Core Principles

Aurency's offerings are built on three core principles:

• Simplicity: From the sleek design of our devices to the ease of integration with existing systems, simplicity is at the heart of everything we do.
• Accessibility: Our devices are significantly more affordable than those offered by competitors, making them accessible to both large enterprises and small businesses.
• Innovation: We strive to bring the future to life today by incorporating cutting-edge technologies and exploring new market segments.

A Commitment to Innovation

We have started as a small but dedicated team of industry enthusiasts and skilled developers with innovative vision. Now our team has grown significantly and includes managers based in Europe and Asia, hardware and software developers, testers and customer support specialists in various locations.

The special superpower of our developers team is ensuring connectivity of anything to everything. The specialists truly excel at overcoming connectivity challenges by making small but effective modifications, such as custom-made and thoroughly tested adapters. This adaptability ensures that our solutions can be seamlessly integrated into various machines, regardless of their original design. Aurency A250 can function properly not only with standard MDB and EXE interfaces, but also with Pulse and VCCS.

At Aurency, we are committed to continuous innovation. Our curiosity and creativity make Aurency payment solutions truly universal and functional. This applies not only to the technical peculiarities of different machine types. Broad compatibility is made possible through our network of partners in payments and hardware, allowing us to operate in all regions of the world.

We are open to experimenting and testing new hypotheses to stay ahead of market trends. Our goal is to create elegant solutions that reduce the need for multiple devices and cables, making it easier for businesses to adopt our technology. We are also exploring future technologies like biometrics and expanding into new segments, such as laundromats in Thailand.

Key Features and Benefits

1. Cost-Effective: our cashless payment solution allows you to start accepting digital payments at a fraction of the cost. It  is designed to be affordable without compromising on functionality.
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2. Reliable: with a track record of over 100 thousands installations worldwide, Aurency A250 POS device has proven its reliability in various environments.
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3. Attractive and Durable: our contactless card reader is waterproof (IP67 for commercial and outdoor use) and features a simple, minimalistic design that complements any machine.
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4. Ready-to-Use: APIs for integration with software (CRM, VMS, etc.) make the payment device easy to deploy and manage.
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5. Telemetry & VMS: the Aurency cashless payment solution for vending is pre-integrated with software for remote monitoring and control, eliminating the need for additional equipment.
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6. Multiple Payment Options: Aurency A250 supports contactless debit/credit/prepaid cards, mobile NFC, and QR-based payments.

As we mentioned above, one of Aurency's standout features is its universal compatibility. Our device works with over 100 types of machines, making it a truly versatile solution. We don't just limit ourselves to vending and coffee machines; our terminals can be installed on claw machines, amusement rides, car washes, parking meters, and more.

Conclusion

Aurency's journey from an idea to a global player in the unattended retail industry is a testament to our commitment to innovation, simplicity, and accessibility. With the Aurency A250, businesses around the world can unlock the opportunities of cashless payments and drive more revenue. Join us in revolutionizing the unattended retail market and experience the future of payments today.

For more information about our products and services, contact via info@aurency.com.

Let's make cashless the new standard in unattended retail together!