Dubai, United Arab Emirates: Fintaris Payment Solutions LLC, a member of the Al Shirawi Group of Companies, announced a strategic partnership with Crane Payment Innovations (CPI), a global leader in world-class automated payment solutions. Fintaris is the authorised distributor of CPI’s range of products and services including Paypod™ pay stations, CPI’s all-new solutions for the retail market that automates cash payment at the point of sale.

Paypod solutions consolidate three highly-engineered technologies into a single unit that easily connects to any Windows® point-of-sale system to deliver simple, seamless payment automation. Every Paypod unit contains a CPI note recycler, coin recycler, and POSlinq™ interface software. Paypod note & coin recyclers bring multiple benefits, such as eliminating the need for daily cash reconciliation, streamlining retail operations, reducing shrink, removing hygiene concerns, and helping customers maximise their investment with a solution designed to evolve with the market.

Commenting on the announcement, Jan-Hinrik Bauwe, President, CPI said, “We are delighted to partner with Fintaris to distribute our state-of-the-art payment solutions in the Middle East. With the strength of Al Shirawi’s regional presence, we are looking forward to achieving great success with our innovative payment solutions in the Middle East through this exciting strategic partnership, starting with the roll out of Paypod™ pay stations.”

Mark Youssef, President, Crane Co. Middle East and Africa – FZE, concurred “As part of the Al Shirawi Group of Companies, with whom we have been associated since 2014, and who are known for their world class operations and attention to service excellence and customer satisfaction, Fintaris is well placed to represent us and we look forward to a highly successful roll out of Paypod™ pay stations and our other innovative products through this exciting new strategic relationship.”

Navin Valrani, Vice Chairman and Group Managing Director of the Al Shirawi Group, said, “As a Group we are constantly evolving our processes and making them more sustainable to lead the way in the digital transformation era.  Given our longstanding association with Crane Co., this agreement is one such step, to become established as regional experts in cash automation.” 

Pramodh Idicheria, Chief Operating Officer, Al Shirawi Group’s Engineering Services, added, “At Al Shirawi Group, we pride ourselves on our affiliations with the best international partners, bringing the most cutting edge technologies to the Arab world.  As a full-fledged payment solutions provider, Fintaris couldn’t hope for a better partner than CPI, the leading global provider of first-class payment solutions, and we are excited to work together in bringing cash automation to the region.”

Headquartered in Dubai and serving the Middle East region, Fintaris is a premium payment products and solutions provider for a variety of payment scenarios, from vending, parking, cash automation, self-service and financial services. CPI is headquartered in Malvern, Pennsylvania, with additional offices, manufacturing facilities, distribution and service centres located across the world. The company holds one of the world’s largest installed bases of unattended payment systems. It also provides a full range of unattended payment solutions for gaming, retail, transportation, vending, banking and self-service kiosk applications.

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For further details, please contact:
Subham Roy
Corporate Communications
T: +971 50 106 3246
E: communications@alshirawi.ae  

Molly Dugan
Director, Marketing Communications
Crane Payment Innovations
T: +1 484-401-2690
E: molly.dugan@cranepi.com 

About Fintaris Payment Solutions LLC

Fintaris Payment Solutions is part of the Oasis Investment Company LLC (OIC), the holding company of the Al Shirawi Group of Companies, founded in 1971. From its humble beginnings as a trading and contracting company, the Group has grown into one of the largest private business conglomerates in the UAE.

Fintaris is a premium payment products and solutions company headquartered in the UAE and serving the Middle East markets.  The company delivers a range of robust, high-technology cash handling and payment products which, combined with a focus on delivering the best customer service and support in the region, bring real and significant benefits to any business.  From compatibility with every payment option available today to a high level of cost-saving efficiency, Fintaris offers total cash and cashless management solutions to meet all business needs and expectations.   For more information, please visit: https://fintaris.com/ .

About Crane Payment Innovations

Crane Payment Innovations (CPI) provides a full range of unattended payment solutions for gaming, retail, transportation, vending, banking and self-service kiosk applications. CPI collaborates with regional partners and customers to provide complete payment solutions, from coin and note processing to cashless systems and asset management software.

CPI is headquartered in Malvern, Pennsylvania, with additional offices, manufacturing facilities, distribution and service centres located across the world. The Company holds one of the world’s largest installed bases of unattended payment systems. For more information about CPI, please visit www.CranePI.com  

About Crane Co.

Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane Co. provides products and solutions to customers in the chemicals, oil & gas, power, automated payment solutions, banknote design and production and aerospace & defence markets, along with a wide range of general industrial and consumer related end markets. The Company has four business segments: Process Flow Technologies, Payment & Merchandising Technologies, Aerospace & Electronics and Engineered Materials. Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com 

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