Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Perk Labs subsidiary Getit to deploy custom payment solution for Bird Fuels

Published 2024-03-26, 10:13 a/m
© Reuters Perk Labs subsidiary Getit to deploy custom payment solution for Bird Fuels
CL
-

Proactive Investors - Perk Labs Inc (CSE:PERK) announced that its subsidiary Getit Technologies has been selected by large bulk fuel, lubricant, propane and HCAC supplier Bird Fuels to be its payment technology provider.

The company said it would provide Bird Fuels with a custom-branded, unified payment portal which can process a range of sales transactions.

It will allow Bird Fuel to manage the sales of more than 1,000 retail items and its services, facilitating the ability to swiftly update product offerings, details, specifications, and stock.

"Under the Bird Fuels agreement, we expect to process as much as $20 million in digital payments a year, representing an estimated $280,000 to $400,000 in transactional revenues, with a 45% gross margin," Perk Labs CEO Ryan Hardy said.

"We're looking forward to demonstrating the scalability, security, and flexibility of the Getit platform with a complex purchase environment with this partnership with Bird Fuels."

Bird Fuels managing partner Michael Bird added that the company chose Getit as its payment technology provider to enhance its customers’ digital experience.

With offices in Collingwood, Owen Sound, and Orangeville, Bird Fuels services customers throughout Southwestern Ontario with its cardlock refuelling stations and a fleet of fuel and propane trucks.

"We're confident our customers will appreciate the ease and simplicity of credit card management, fully online ordering and payment, and the ability to process multiple transaction types all on one unified platform,” Bird said.

“Additionally, our customers' security is our top priority, and Getit's PCI-compliant payment processing helps us uphold that commitment."

Perk Labs, the owner of Getit Technologies and Perk Hero Software, provides innovative mobile ordering and payment systems.

Read more on Proactive Investors CA

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.