Auckland, New Zealand. Global self-service payment technology leaders, Invenco Group Ltd, has formed an OEM partnership with Tokyo headquartered, Japanese fuel pump pioneers, Tatsuno Corporation.
Under the OEM partnership Tatsuno will access Invenco’s Outdoor Payment Terminal technology to deliver self-service payments to Tatsuno pumps. It is Invenco’s eleventh global partner deal and sees the New Zealand based company further extend its reach across the Asia-Pacific region.
“We are very glad to be working with Invenco. Invenco has attractive products, experienced engineers and is growing very fast,” says Shin Hashimoto, Tatsuno’s Manager of International Marketing. “Our customer base is mainly in Asia, where the market need for this technology is very strong. We believe Tatsuno and Invenco can successfully cooperate and respond to such needs, under a long term of partnership,” says Shin Hashimoto.
Tatsuno is recognized for its innovation including Japan’s first petrol service station (SS) POS system, level gauges for underground tank inventory management systems and petrol depot related equipment. It has over 60% market share of petrol pumps in Japan and exports to over 75 countries, focused on South-East Asia.
“We view Tatsuno as a true pioneer in petrol pump technology and are very excited about the projects we will be able to work on together,” says Invenco Head of APAC Business Development, Nathan Barnett. “Manufacturing and selling petrol pumps is Tatsuno’s main business and the self-service payment technology Invenco has developed is a natural extension of this. There are many opportunities for further innovations between the two companies and we look forward to a highly successful and mutually beneficial partnership.”