TORONTO -- Canadian Tire Petroleum has entered into an agreement with VendTek Systems Inc. to implement point-of-sale activation (POSA) terminals and new software to allow for activation of long-distance cards by swiping them through the POS terminals. Now Prepay will be working with Bell Canada to deliver a set of prepaid long-distance products that can be activated at Canadian Tire Petroleum gas bars.
VendTek and Now Prepay president Doug Buchanan said, This is a new method of selling and merchandising long-distance products for Canadian Tire Petroleum. [image-nocss] It simplifies and expedites the process by which customers can activate long-distance cards.
Vancouver, B.C.-based VendTek develops and licenses automated transaction system software and supporting technologies designed to improve the efficiency of product delivery, reduce costs to clients and offer superior safety measures. VendTek's customers and its subsidiaries, Now Prepay Corp. (in Canada) and VendTek Systems Technologies (in China), are using e-Fresh software to build electronic, prepaid services networks, which enable consumers to purchase prepaid services via POS and self-serve terminals connected to a central e-Fresh server. This system creates value through improved efficiencies compared to the traditional distribution paradigm. e-Fresh reduces shrinkage and inventory requirements while improving consumer access to prepaid services by completely eliminating physical cards and vouchers.
Canadian Tire, Toronto, operates more than 1,100 stores, gas bars and car washes in an inter-related network of businesses engaged in retail, financial services and petroleum. It is one of Canada's largest independent retailers of gasoline, operating 264 gas bars, 250 convenience stores and kiosks and 73 car washes.
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