1. News
July 7, 2016

Deals this week: VeriFone, Stitchwood, Qrator

US multinational corporation VeriFone has entered a deal with AldiFrance to supply VeriFone’s VX 520 counter-top payment system devices to the latter, granting its consumers the convenience to shop using iOS, Google and Android mobile wallet technologies.

Stitchwood Furniture

US multinational corporation VeriFone has entered a deal with AldiFrance to supply VeriFone’s VX 520 counter-top payment system devices to the latter, granting its consumers the convenience to shop using iOS, Google and Android mobile wallet technologies.

A total of 3,200 machines will be supplied by the American company.

Verifone will also provide its P5C PINpads and check readers to AldiFrance for an efficient and quick transaction process.

Tangramme Furnishing Solutions (operating as Stitchwood) plans to expand its operations and marketing division using the $0.2m received from Equity Crest co-founder and CEO Deepak Gupta, along with other investors.

"Verifone will also provide its P5C PINpads and check readers to AldiFrance for an efficient and quick transaction process."

Equity Crest is an investment firm, whereas Stitchwood is a Mumbai-based online furniture selling store.

UK-based e-commerce design consultancy firm Qrator has received $0.81m in funding from its international investors.

Shinsegae and Le Bon Marche have entered a VIP service agreement, providing VIP customers of the latter with membership benefits such as personal shoppers, luxury lounge perks, and limousine service at Korean department store Shinsegae.


Image: Mumbai-based Stitchwood is an online furniture-selling store. Photo: courtesy of Lulek41 via Pixabay.