Innovative Vending Solutions became a Trading Partner of ITL in the first quarter of 2019, and since then, both the companies have strengthened collaboration to increase their reach in Eastern Europe.
IVS provides its clients with payment systems. It is a partner of ITL in Romania in all sectors, including Vending, Gaming, Retail, and Parking.
Sasha Kragulj, ITL’s Business Development Manager, said that though both the companies had been working together for several years, their relationship had gone to the next level after IVS became ITL’s Trading Partner. He informed that both the companies had worked together for presenting their portfolio of cutting edge products and services at two exhibitions in Bucharest, a Vending Expo in May, and an Entertainment Arena Expo in September. The exhibitions gave them a chance to market their products directly to Romanian consumers and were very successful.
Alexandru Birz, CEO of IVS, said that IVS had been working with ITL for the last seven years and was a distributor for some of ITL’s long-running products. He said that IVS was now working to increase the reach of ITL’s latest products, including ITL’s unique Spectral product range, especially the highly secure NV9 Spectral and NV200 Spectral banknote validators, NV22 Spectral and Spectral Payout new multi-denomination recyclers and the Bunch Note Feeder. He asserted that the industry was recognizing them as a major player in the payment systems market and expressed confidence that the two firms will increase collaboration to develop new products and services.