Lavu Partners with CardConnect to Offer Seamless Payment Processing

Integration provides a single restaurant POS and payment solution
with ultimate data breach protection

ALBUQUERQUE, N.M.–(BUSINESS WIRE)–Lavu, a leading point-of-sale (POS) provider for the restaurant
industry, and CardConnect, a First Data Company, announced a partnership
allowing restaurants and bars to meet evolving business requirements
with integrated payment technologies.

Recently, Lavu integrated its leading mobile point-of-sale with
CardConnect’s platform powered by Bolt
P2PE
. The combined offering, known as LavuPay, provides restaurants,
bars, and clients with secure payment processing and maximum data breach
protection through advanced payment devices featuring PCI-Validated
Point-to-Point Encryption (P2PE) and tokenization. The integration gives
owners the ability to modernize the payment experience through
contactless and mobile payment acceptance capabilities.

LavuPay is transformative for customers that experience high processing
fees. The single source solution is built on developer-friendly APIs
making it easy to set up, features low processing rates, and includes
complete reporting that monitors the full transaction lifecycle in
real-time. LavuPay also provides customers with in-house support
available 24-7 to ensure they get the most from their investment.

“Lavu’s mission is to help restaurants and bars efficiently manage every
aspect of their business within one, seamless platform. This partnership
takes our comprehensive system and adds secure payments, creating a huge
opportunity for customers to stop wasting time and money on an
additional payment processor. We are thrilled to deliver this solution
through our partnership with CardConnect,” said Saleem S. Khatri, Chief
Executive Officer of Lavu.

“Restaurants and bar owners operate at a fast pace, meaning they are
constantly seeking new ways to streamline and secure payments,” said Rob
Nathan, Executive Vice President, CardConnect. “The opportunity to work
closely with Lavu is one we’re excited about. Together, we’re pairing
the best payment and restaurant management solutions with unparalleled
customer service to drive maximum value for our customers.”

For additional information, visit www.lavu.com.

About Lavu

Lavu is the world’s leading mobile point-of-sale system for restaurants.
Used in more than 90 countries, Lavu is a full-featured iPad-based POS
system designed exclusively for restaurants and bars. Lavu was the first
iPad point of sale in the Apple App Store and continues to offer the
latest in features and functionalities. Features include flexible
payment-processing solutions, an intuitive interface, and Lavu’s
business management suite for all reporting needs. Lavu is ideal for all
food and drink establishments, streamlining operations to simplify
management and improve the customer experience.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling
technology and solutions, serving approximately six million business
locations and 4,000 financial institutions in more than 100 countries
around the world. The company’s 22,000 owner-associates are dedicated to
helping companies, from start-ups to the world’s largest corporations,
conduct commerce every day by securing and processing more than 3,000
transactions per second and $2.4 trillion per year. For more
information, visit www.firstdata.com.

Contacts

Lavu
Hilary Wainwright
937-697-4273
hilary.wainwright@lavu.com

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