The globally active terminal manufacturer Newland and LAVEGO have signed a memorandum of understanding that regulates the planned close cooperation.

LAVEGO adapts the self-developed payment application nexoFAST according to the international nexo standards for most Android-based Newland terminals and certifies them for the German Debit Scheme girocard. In addition, Newland's mobile device management solution TOMS is hosted by LAVEGO in Germany in order to meet the highest standards of data security and the GDPR.

It is planned to launch the first devices in the second quarter of 2025 as part of a pilot.