VAUGHAN, ON, Nov. 06, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Comepay, Inc. (OTCPINK: CMPY) (“the Company”) is pleased to announce that its wholly owned subsidiary, Chek-Online LLC, manufacturer of the Cassatka smart terminal, a fiscal cash register developed to meet regulatory requirements of 54-FZ tax legislation in Russia for small and medium businesses, has released its newest handheld solution for mobile businesses in Russia, the compact Cassatka Mini.
Targeting the needs of mobile users across the country, such as courier and delivery services and online stores, the Cassatka Mini is the Company’s most compact and functional device in our line of smart terminals. Weighing only 480g together with a fiscal drive, it is equipped with a 5-inch color touch-screen display, has Internet access via WiFi or a GSM modem and supports 18 hours of usage before recharging.
An affordable and compact solution to meet the needs of a mobile sales force, the Cassatka Mini fits in your hand with dimensions of only 25 × 10 × 8 cm and is more functional than competitive units on the market. Boasting a 6 in 1 solution that does not require the connection of additional equipment, you can purchase the unit with or without integrated acquiring.
Mr. Konstantin Shitikov, Chek-Online’s General Director, stated, “We combined a multifunctional tablet, a receipt printer, a 1D / 2D barcode scanner, a cash register program, a terminal for accepting bank cards, and an NFC chip in one compact mobile device. For those with expanded needs, we have supplemented this highly functional unit with the option to connect a portable unit for trade acquiring.” In addition, “Cassatka Mini”, similar to our first smart terminal product, the Cassatka 7, offers the same robust interface with your personal POS account for simplified tracking of your sales transactions. We are confident that this new product will allow individual and mobile users to comfortably transfer their business to mandatory online reporting in accordance with the new requirements of 54-FZ tax legislation.
The Cassatka Mini does not sacrifice functionality for size. The smaller unit offers the same functionality as our larger units, including the built-in product accounting system with monitoring and sales analytics. The Mini allows you to track inventory and movement of goods and services, see balances, issue receipts, track expenses, generate reports, upload unlimited catalogs of goods from Excel and 1C, assign discounts, set up loyalty programs, and more. The Android based operating system on the Cassatka Mini also provides access to various applications, such as wallets, payment instruments and a host of other useful apps and functions previously available only to large businesses. This portable online cash register will be made available to our retail partners at the end of this month.
About Comepay
The Comepay group of companies, including Comepay, RP Systems, M-NN LLC and Chek-online, have been operating for over 11 years providing internet acquiring services and support, facilitating instant payments and internet-based payment transactions via kiosks, mobile interfaces and web-based applications such as electronic wallets. The Company also leases and sells cash registers and Point of Sale (POS) systems, including its recently developed proprietary multifunctional smart POS fiscal cash register system. Combining proprietary software and equipment, Comepay processes over 10 million customer payments per month and presently has more than 22,000 kiosks across Russia. The companies are currently focusing their planned business expansion on the smart POS fiscal cash register system called “Cassatka” in order to help businesses comply with newly released Russian taxation legislation, 54-FZ which requires 1.2 million businesses in fiscal 2018, and a further 1.4 million businesses in fiscal 2019 to install new, federally compliant on-line cash registers. The Cassatka, Comepay’s multifunctional smart POS online fiscal cash register can process payments and meet fiscal data storage requirements for participating businesses. It is a convenient and cost competitive solution for businesses to meet the new federal taxation requirements in Russia, and is currently being manufactured for distribution prior to June 2018. As the companies expand their business model, we expect to offer blockchain acquiring services and also to accept payments in multiple crypto currencies on the Cassatka. The Comepay group of companies presently earn revenue from a variety of channels including fee based commissions on payment processing for both cash and debit card payments, software licensing, kiosk placement fees and other rental fees for cash registers and associated equipment. The Comepay companies are looking to expand rapidly in fiscal 2018 and beyond as we introduce and market the Cassatka along with a suite of enhanced user features. www.comepay.com, www.comepay.ru, www.chekonline.ru, www.starrys.ru, http://kassatka.me/