Rahaxi, Inc., an international card payments processor and technology company, today told investors that its subsidiary Rahaxi Processing Oy and jeweller chain giant Kultajousi Oy have entered into an agreement to supply its OTI solution to over 60 different stores in 27 different cities in Finland. Kultajousi is owned by Golden Heights Group which has a notable presence in Sweden through its subsidiary Golden Heights AB Group.

Fionn Stakelum, MD of Rahaxi, Inc. stated, “To team up with the largest high end jewellers in Scandinavia is testament to the reputation of Rahaxi’s OTI solution in the marketplace. Enabling us to bring OTI to the Scandinavian market is the first of many steps we will take in launching OTI across Europe.”

Niko Aaltola, Sales Director of Rahaxi commented, “Kultajousi is a household name in Finland and we are delighted to be associated with them at this time.”

Kaj Wikstrom, MD of Kultajousi added, “Rahaxi’s platform is one of the most future proof, robust compliant solutions in the marketplace. We chose Rahaxi simply because it beats everyone on quality and price and particularly because our customers and staff found it to be an innovative, reliable and user friendly solution to use. Our business operates very much in a chain style which requires a lot of flexibility and Rahaxi’s solution came out a winner.”