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Corporate > Media and Analysts
August 17, 2020
Pine Labs’ Hospitality sector customers to benefit from electronic cash register (ECR) integration with Oracle Payment Interface
New Delhi, August 17, 2020: Pine Labs, a member of Oracle PartnerNetwork (OPN), today announced that it has achieved Oracle Validated Integration of its Plutus Payment Solution with Oracle Payment Interface (OPI). This integration with OPI is specifically designed to streamline and manage payments for the hospitality sector. The collaboration comes at a time when the hospitality businesses are reassessing their technology requirements as they reboot services affected due to the current ongoing business challenges.
In order to achieve Oracle Validated Integration, partners like Pine Labs are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.
This new offering will enable merchants in the hospitality sector to benefit from Pine Labs’ Plutus Payment solution. Everything from preauthorization of transactions to managing purchases, sales completion, end-of-day settlement, card token generation for a contactless payment experience can be processed in an integrated way on Pine Labs’ device over a secure HTTPS network. This will help enable brands in the hospitality sector to manage all forms of digital payments [Credit/Debit Cards, QR (UPI/BQR/Wallets), Installments, Gift Cards, Loyalty] over Pine Labs’ device and provide them with a single dashboard for reconciliation.
Commenting on this development, Sanjeev Kumar, Chief Technology Officer, Pine Labs said, “Our innovation has always been around creating efficient and effective solutions for the merchant community and their businesses. With the current health crisis creating awareness around the benefits of digital payments and also intensifying the need to digitize businesses, this validated integration with Oracle Payment Interface will help our customers in the hospitality business to centralize the management of payments and thereby have a competitive edge through truly modernized payments infrastructure.”
“Achieving Oracle Validated Integration with Oracle Payment Interface gives our customers the confidence that the integration of Pine Labs’ Plutus Payment Solution with Oracle Payment Interface is functionally sound and performs as tested,” said David Hicks, vice president, Worldwide ISV Cloud Business Development, Oracle. “For solutions deployed on premise, in the cloud, or both, Oracle Validated Integration applies a rigorous technical review process that helps to reduce deployment risk and improves the user experience of the partner’s integrated offering.”
About Oracle Validated Integration
Oracle Validated Integration, available through Oracle PartnerNetwork (OPN), gives customers confidence that the integration of a complementary partner software product with an on-premise Oracle Application has been validated and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations and partners who successfully earn an Oracle Validated Integration Expertise are authorized to use the “Oracle Validated Integration” badge. For more information, please visit Oracle.com at https://solutions.oracle.com/scwar/scr/AboutPartners/validated-integration/index.html
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork
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Pine Labs is one of Asia's leading merchant commerce platforms. Its unique cloud-based platform enables it to offer a wide range of payment acceptance and merchant commerce solutions. Pine Labs' stored value platform offers issuing, processing and distributing digital gift cards for corporate customers. Its customer base includes prominent large, mid-sized and small merchants across India, South East Asia and the Middle East. Pine Labs is incorporated in Singapore. Its key investors are Sequoia India, Mastercard, Actis Capital, Temasek, PayPal and Sofina. To know more, please visit www.pinelabs.com