SuzoHapp Group, a supplier of cash handling systems to casinos and other businesses, has announced that a software subsidiary it is setting up will be called SuzoHapp Digital.
“Software is a core differentiator for us in the market,” SuzoHapp chief executive Drew Scielzo was quoted as saying in a written announcement issued on Wednesday.
“Given our continued investment in this area, it made sense to create a group focused solely on our software products and digital payment solutions,” he added.
Rory Herriman, SuzoHapp chief technology officer for software and digital systems, will head SuzoHapp Digital as the executive vice-president and general manager of the new subsidiary.
The announcement quoted Mr Herriman as saying: “We expect this change will create significant growth for our digital products, solutions and services.”
On Monday, Castles Technology International Corp of Taiwan, a manufacturer of payment hardware, announced that it and SuzoHapp had agreed to collaborate in developing and selling new sorts of terminals that accept payments in forms other than cash.
Castles Technology said the agreement allowed SuzoHapp Group to resell Castles Technology cashless payment hardware bundled with SuzoHapp Group services.
Castles Technology stated that, by collaborating, the companies stood to increase their share of the market for their products and services in the gaming, amusement, transport and banking businesses, and in the kiosk, vending and micro-market businesses and other forms of retailing.
Last October SuzoHapp announced that it had formed a partnership with gaming equipment and financial technology supplier Everi Payments Inc. to sell their combined cash management know-how to casinos.
