Steven Hoffmann Chairman/Founder of Newt Corporation

To improve your company's business results, using a Point of Sale (POS) control is essential. In general, the presence of the POS helps to make organizational gains, such as managing inventory, opening and closing cash and controlling exchanges and returns in a more simplified and autonomous way. What is a POS? The Point of Sale (POS) describes the retail area where products are exposed and the client makes the purchase. Technology has changed the way professionals interact at work, including with partners and customers. Therefore, using an ERP system that automates processes and still has POS control is functional and indispensable for those who want to have greater authority over their own business. Steven Hoffmann  is Chairman and CEO of Newt Corporation – the company that provides Digital Wallet, POS and Prepaid Products on a white label platform. What is the importance of using a POS? The cash front appears as an ally to any type of business, for large, medium and s...

The development of  smartphones has led to a real revolution in payment methods. Smartphones have been a turning point in this change in dynamics and have served as a lever for innovation and to pay more attention to the user experience; As a result of these new dynamics, methods such as mobile payment, electronic wallets, or virtual cards have been born. The development of smartphones and the entry of third parties into the sector is now forcing entities to rethink their role, to promote innovation and to take advantage of their most important asset: the relationship of trust with their customers , now more demanding than ever, and for those who no longer only matter what, but how. Steve Hoffmann’s payment solutions company Newt, has products tailored specifically for smartphones. “The future of payments will be in the impulse of a new complete shopping experience, and not only in the act of paying” said Steve Hoffmann , Chairman and CEO of Newt Corporation. About Newt: ...

Under the terms of the contract, management teams of PagoFácil and Newt will collaborate in providing Newt’s SaaS software combined with Bank Processing Services in Latin America, as part of Newt’s Digital SaaS Offering. Thanks to this agreement, Newt will enable its customers in Latin America and Mexico with seamless online processing capabilities of Visa and Mastercard, embedded in the software. In addition, new methods of acceptance of debit cards, additional locations for cash payments, and SPEI Transfer capabilities have been added. The parties shall also jointly market the expanded service offering to Newt’s and PagoFácil’s client base, in order to increase the overall number of transactions processed. This agreement will further position Newt for the increase in digital payment services requested by the B2B market. PagoFácil is a Mexican company with extensive experience in Credit Card Payment Processing in Mexico. The Company is backed by a group of investors with several partn...