Retail and hospitality technology business, Consolis, has re-branded, changing its name to ‘Lolly’. This decision reflects the company’s new strategy to extend its B2B EPoS and payment technology offerings to include products and services aimed at the consumer market, in line with growing market demands.
According to Deloitte, digital technology is influencing 33% of in-store retail sales in the UK, equalling nearly £100 billion, and this trend continues to drive advancements in contactless and eWallet payments.
Combining this evolving technology with a secure, robust Cloud back-end continues to open up possibilities to integrate EPoS with third party and in-store apps, making payments technology more data-driven than ever before.
It is this transformation of the payments process that allows merchants to offer a more interactive and tailored experience for consumers both online and offline and that has helped drive Consolis’ re-brand and product expansion. "We have always been committed to providing payment solutions designed to grow with our customers and extending our offering to include consumer-facing technology fits into this vision,” said Peter Moore, CEO of Lolly.
We wanted to develop a fresh, new brand that acknowledged our business’ evolution in line with the changes in the overall payments market. It needed to resonate with small businesses and consumers alike and move our brand forward. Lolly met that brief. ”The team selected ‘Lolly’ to rejuvenate the English slang term for money and give it – and the equally British Consolis brand – a fresh new twist. Moore added: "These are exciting times for our industry and the business."
The change to Lolly represents the next step in our strategic direction as we continue to develop our portfolio of payment technology and Cloud-based solutions for businesses and consumers in the retail and hospitality sector. “So watch this space", concludes Moore. “It’s all about Lolly: EPoS and payments stuff!"
New Product Names
Consolis will also be changing its hardware product names to fit with its new Lolly brand:
X10 is now ‘Lolly Smart’, X14 is now ‘Lolly Pro’, X Tab is now ‘Lolly Tab Top’ (for the fixed to countertop versions) ‘LollyGo’ (for the handheld mobile version), and Inno On Demand/Cloud is now ‘LollyHQ’.
About Consolis - Now Lolly
Since 2007, Consolis Systems has been delivering leading edge integrated Point of Sale (PoS) and payment processing systems, which offer the retailer a range of options aimed at increasing profitability. From the beginning, the company's vision has been to provide systems that are easy for retailers to use, and have since developed an 'EPoS in a Box' system known as the X-10. In its eight-year history, Consolis has built a broad customer base covering cafes, artisan bakeries, pubs, clubs, hotels, and restaurants.
Find Lolly online and on social media:
Website: itslolly.com
Facebook: www.facebook.com/LollyLtd
X: https://x.com/Its_Lolly_Ltd
Instagram: www.instagram.com/its_lolly_ltd/
LinkedIn: https://www.linkedin.com/company/lolly-ltd/
Google Plus: https://plus.google.com/106810675839845787236
For further information, please contact:
Katrina Suppiah / Lisa Henshaw, Publicitét
Email | k.suppiah@publicite.co.uk / l.henshaw@publicite.co.uk
Phone | + 44 (0)20 8543 6582
As the sector braces for another tough year, industry leaders urged the Chancellor to address key challenges in the 2024 Budget. With record restaurant closures, escalating operational costs, and a workforce under pressure, the sector is in desperate need of both financial support and innovative solutions to help ensure its long-term survival.
At Lolly, we believe in supporting local communities and making a meaningful difference. That’s why we are excited to announce our new charity partnership with the Braintree Area Foodbank.
'Lolly HQ', our very own cloud-based information management system, is an intelligent platform capable of projecting real-time data reports, allowing our clients to receive greater clarity of their general day-to-day operations. This includes; tracking customer spending, inventory levels, employee KPIs, and so much more.
Subscribe to our newsletter to get a curated summary of our latest insights delivered to your inbox monthly. No sales pitches, no spam — ever.