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Transaction Systems at HORECA Athens 2026

We are excited to announce that Transaction Systems, together with our partner in Greece, Novidea, will be exhibiting at HORECA Athens 2026, taking place from 13–16 February 2026 at the Metropolitan Expo in Athens, Greece — the country’s leading trade show for the hospitality and foodservice industry.

Join us at this premier event where thousands of professionals from hotels, restaurants, catering, and hospitality connect, discover innovations, and build meaningful partnerships. Visit us at Hall 2, Booth C28, where we will be showcasing our latest solutions designed to empower businesses in the hospitality and service sectors.

This year, our presence will feature dedicated stands for the four major PSPs in the Greek market — e-pay, NBG PAY, Viva, and Worldline, offering visitors the opportunity to explore tailored payment solutions and engage directly with our ecosystem of partners.

We look forward to welcoming you!

Transaction Systems at Banking 4.0 Romania

Transaction Systems is joining Banking 4.0 Romania, an important platform for dialogue and collaboration within the banking and payments ecosystem. Bringing together senior executives, technology partners, and industry experts, the conference serves as a key venue for shaping the future of financial services and customer experience.

This year, Michal Miezerjewski, Business Development Director CEE, FinTech & Retail Solution,  will represent Transaction Systems in a high-level panel discussion on Next-Generation Payments Infrastructure. Alongside distinguished speakers from across the banking and fintech landscape, he will share insights on how emerging technologies, evolving customer expectations, and real-time retail demands are transforming the payments environment.

In addition to our participation in the conference program, Transaction Systems along with our partner in Romania, TXD IT Solutions,  will be present with a dedicated exhibition booth, where visitors can explore our latest solutions for retail automation, payments, and customer experience enhancement. Our team will be showcasing state-of-the-art equipment and innovations designed to help retailers, banks, and service providers streamline operations, boost efficiency, and deliver seamless omnichannel services.

We look forward to meeting partners, clients, and industry professionals in Mount Sinaia in Romania— and to contributing to discussions that advance digital transformation across the region.

Reimagining Device Management at Global Scale — Live from Budapest

Transaction Systems at the Banking Technology Conference 2025 in Budapest, November 04

Transaction Systems will participate in the upcoming Banking Technology Conference in Budapest on November 4, 2025, an event that brings together banking and fintech professionals from across the region to explore the latest trends shaping the future of financial technology.

This year’s conference will focus on how innovation, customer experience, and operational efficiency are redefining the digital banking landscape.

As part of the program, our CEO for Central, South, and East Europe, Panos Chalkias, will take the stage to deliver a presentation titled: “MAXSTORE – Reimagining Device Management at Global Scale.”

In his session, Panos will showcase how MAXSTORE, PAX Technology’s innovative platform helps financial institutions and retail organizations unlock the full potential of their Android Smart terminals, and turning them into a powerful business tool that boosts in-store sales, improves shopping experience and increases customer loyalty.

The powerful device management platform is transforming the way financial institutions and retail organizations manage, monitor, and optimize their technology ecosystems. From improving uptime and visibility to ensuring security and scalability, Maxstore enables businesses to operate with greater agility and confidence globally.

We look forward to engaging with our partners and peers at this important industry gathering, sharing insights, and continuing to shape the future of digital banking together.

We’re Sponsoring EVEX 2025 in Split

Transaction Systems is proud to be a sponsor of this year’s European Vending Experience (EVEX), Europe’s key vending event, taking place in Split. Visit us at Booth D29 to discover our latest vending payment innovations.

At our booth, we will showcase:

Don’t miss the presentation by our CEO, Panos Chalkias, on Wednesday, September 10 at 13:30, titled:
“Card Payments @ Vending – Simpler Than Ever Before.”

Click here for more information.

We look forward to connecting with you at EVEX 2025!

Transaction Systems Partners with Mambu to Deliver Core Banking Implementation and Advisory Services

Transaction Systems is proud to announce a new partnership with Mambu, a leading provider of cloud-based core banking platforms. Under this agreement, Transaction Systems will offer Mambu’s solutions and related implementation and advisory services across Central and South East Europe, the Caucasus, and Central Asia.

Mambu’s platform is built on a flexible, composable architecture that allows financial institutions to quickly deploy modern products and services, reduce costs, and integrate seamlessly with other systems through open APIs. Its cloud-native design ensures scalability, security, and reliability — making it an excellent choice for small and mid-sized banks and fintechs, as well as Tier 1 banks seeking to modernize specific service segments.

“We see Transaction Systems’ deep regional market knowledge, combined with our strong banking expertise, along with the flexibility and innovation that the Mambu platform provides, as an unparalleled asset for banks striving to adapt their digital strategies to fast-changing customer demands”, said Ivan Bekarovski, Head of Solutions and Services at Transaction Systems.

“This partnership reflects our long-term commitment to supporting financial institutions in their digital transformation journey. By working with Mambu, we are not only expanding our portfolio with a world-class cloud-native core banking solution but also empowering our clients to innovate faster, operate more efficiently, and ultimately deliver better experiences to their customers,” said Martin Loeffler, Global CEO of Transaction Systems.

Transaction Systems will contribute its proven expertise in financial services, local market knowledge, and delivery capabilities to the partnership. Its experienced teams manage the full transformation lifecycle — from analysis and implementation to integration, testing, and support — under the leadership of senior experts who have successfully delivered numerous core banking projects across the CSEE and CCA regions.

 

PAX Technology Achieves World-First PCI PTS POI v7.0 Certification for the A77 Android MiniPOS

A big milestone for our partner, PAX Technology

We are proud to share that our strategic partner, PAX Technology, has reached a major industry milestone: the A77 Android MiniPOS is the first device in the world to be certified with the latest PCI PTS POI v7.0 standard.

This new certification raises the bar for payment security, ensuring even greater protection for merchants and end users, while reinforcing the A77’s position as one of the most trusted and advanced Android MiniPOS devices on the market.

At Transaction Systems, we are committed to bringing cutting-edge solutions like the A77 to our customers—solutions that combine innovation, performance, and compliance with the highest global standards.

Congratulations to the PAX teams, partners, and clients who made this achievement possible!

Learn more about this breakthrough from PAX Technology.

The Future of Payments for Financial and Retail Organizations

We are pleased to announce our upcoming event: The Future of Payments for Financial and Retail Organizations, which will take place on June 13 at 11:00 AM, at Paragraph Tbilisi.

During the conference, we will explore and discuss:

You may view the agenda in this link below

Agenda- Transaction systems

 

A New Direction in Instant Payments: NFC Technology and Digital Convergence

The world of payments is undergoing constant transformation. While contactless card transactions once represented the pinnacle of technological advancement, a new generation of instant payments is poised to take the lead. At the PayTechShow on April 15, 2025, Igor Szpirin, Product Director at Transaction Systems, highlighted that although NFC (Near Field Communication) technology is not a prerequisite for instant payment systems, it can play a significant role in their successful adoption.

According to Igor Szpirin, NFC technology can substantially contribute to the success of instant payments – if implemented correctly. He pointed to Hungary’s qvik system and POS-based HCE (Host Card Emulation) as examples of how the right technology can greatly increase acceptance of instant payments and offer a real alternative to traditional card transactions.

“The key lies in optimizing the user experience, minimizing technological barriers, and actively involving cashiers and merchants in the rollout of new technologies,” he emphasized.

NFC vs. QR Code – The Decisive Role of User Experience

Instant payment systems are increasingly gaining attention worldwide as alternatives to traditional card-based payments. By definition, instant payments are transactions that are completed within 10 seconds and make funds immediately available in the recipient’s account.

Igor Szpirin stressed that “these solutions only have a chance at widespread adoption if they offer a payment experience that is at least as fast and simple as today’s contactless card payments.” He added:

“NFC technology is not strictly necessary for instant payments, but it can greatly enhance their success.”

His presentation highlighted that while QR code payments are already widely recognized, NFC offers clear advantages from a user experience perspective. With QR codes, the payment process typically requires multiple steps: launching an app, scanning the code, and confirming the payment. In contrast, NFC simplifies the process significantly – transactions can be completed with just a single tap.

Opportunities and Challenges of NFC in Instant Payments

Igor Szpirin presented two approaches to NFC-based payments: mobile-based HCE and POS-based HCE.

Mobile-based HCE offers compatibility with all existing POS terminals, but the process is often more complex, especially if users must manually select their payment method. On iOS devices, additional challenges arise due to the lack of full NFC support for third-party apps.

In contrast, POS-based HCE provides a simpler, more transparent user experience. The cashier simply asks the customer for their preferred payment method, and the POS terminal sends transaction data directly to the customer’s phone, automatically launching the payment app. This method is not only more user-friendly but also empowers cashiers to actively promote the instant payment option, accelerating adoption.

Igor Szpirin shared practical examples illustrating the pros and cons of both NFC-based solutions. In Slovenia, for instance, the Flikk system relied on mobile-based HCE. Although technically successful, its complexity and subpar user experience led to low adoption rates.

The POS-based solution also supports both card and instant payments in parallel, without requiring users to change any settings. This dual compatibility simplifies international transactions as well, fostering broader adoption in the long run.

The Future Path: Standardized and Simple

Transaction Systems’ proposed POS-side HCE technology not only improves user experience but also simplifies implementation for developers. Using a standard URL-based data transfer method (DeepLink), it is easily integrable on both Android and iOS platforms. It also enables the electronic delivery of payment receipts, supporting a paperless approach.

Igor Szpirin’s presentation made it clear that the future of payment technology lies in digital convergence driven by NFC and other innovations. As consumers increasingly demand speed, simplicity, and security, NFC-based instant payment solutions are positioned to become key players in the next generation of digital transactions.

Read the article in Hungarian here

This is how digital banking becomes intelligent – ​​omnichannel platform for a unified customer experience

What does it take to deliver a truly intelligent digital banking experience?

In this FinTechZone roundtable interview, our CEO for Central, South, and East Europe, Panos Chalkias, shares insights on how omnichannel platforms are shaping the future of seamless and unified customer journeys in banking.

  1. What does the term “Intelligent Bank” mean to you?

An Intelligent Bank is one that delivers a seamless, proactive, and personalized experience across every touchpoint — whether that’s a branch, ATM, mobile app, or online platform. It’s a bank that operates on an integrated, omnichannel infrastructure where all channels work in harmony to serve the customer in real time. At Transaction Systems, we believe that an intelligent bank is powered by a software platform that unifies self-service, branch, internet, and mobile banking — such as Auriga’s web-based omnichannel solution. This kind of intelligent foundation enables banks to become more customer-centric, data-driven, and operationally efficient.

  1. In your opinion, what makes a digital bank truly “intelligent”?

A digital bank becomes truly intelligent when it achieves full integration across all delivery channels and uses data from every interaction to continuously optimize service. It’s not enough to offer digital tools — they must be orchestrated through a central platform that allows customers to move seamlessly between channels without losing context or continuity. This is where the omnichannel solution comes in: it provides the web-based architecture that enables real-time, coordinated engagement across self-service kiosks, mobile apps, online portals, and branches. Intelligence in banking is about unification, responsiveness, and delivering a world-class experience at every point of contact.

  1. What are, in your view, the key obstacles that prevent a digital bank from becoming intelligent?

One of the biggest challenges is the fragmentation of systems and services. Many banks have built digital capabilities in silos, leading to disconnected experiences and inefficiencies. Legacy infrastructure, lack of integration, and the absence of a central orchestration platform make it difficult to deliver a truly intelligent, omnichannel service. Without a unified software layer —banks struggle to collect and act on data in real time, maintain continuity across channels, or personalize the customer journey effectively. Another obstacle is underestimating the strategic value of self-service banking as part of the overall customer engagement model.

  1. Where do you think the Hungarian banking sector currently stands on the journey toward becoming intelligent?

Hungarian banks have made considerable progress in digitizing services and embracing mobile and online platforms. But the leap from multichannel to intelligent omnichannel banking is still underway. Many institutions are exploring ways to unify their service models, but full integration, where all customer touchpoints operate through a central, intelligent platform, is not yet widespread. With the adoption of platforms like Auriga’s, which offer a modular and future-ready EB-based architecture, the Hungarian sector can accelerate its journey toward intelligent banking and set a new benchmark for customer experience and operational efficiency in the region.

➡️ Read the interview in Hungarian here.