Invenco Group Limited

What Invenco Group Limited does

Invenco Group Limited is a privately-held retail technology subsidiary of Vontier Corporation (NYSE: VNT), headquartered in Auckland, New Zealand, and operating in the US, UK, Malaysia, and New Zealand under the "Invenco by GVR" brand. The company provides self-service outdoor payment terminals (OPT), point-of-sale systems, forecourt automation, and media engagement solutions for fuel retailers and convenience store operators. Its core technology stack centers on the FlexPay 6 family of PCI PTS 6.x-certified outdoor payment terminals (A2-09, M1-15, M2-15) with proprietary anti-skimming hardware, the Passport POS (deployed across 65,000+ stores), the iNFX payment abstraction layer, and a cloud-connected management platform ("The Hub") that integrates with Gilbarco Veeder-Root dispensers and 120+ third-party partner solutions.

Invenco generates revenue across multiple streams: hardware sales of FlexPay 6 terminals and Passport POS systems, an EMV-as-a-Service subscription (~$115 per pump per month on 4-year contracts with $4,000–$7,000 installation fees), managed media services through Applause TV and Engage Media, forecourt automation and asset management products, and one-time professional services for installation and certification. Go-to-market combines direct enterprise field sales targeting multi-site fuel retailers and c-store chains, channel distribution through Gilbarco Veeder-Root dispensers, a certified service technician network for retrofit installations (45–90 minute install times), and the annual Retail Technology Conference (RTC) it organizes for industry engagement.

The company is differentiated by unified-payment-stack architecture that eliminates fragmented multi-processor ecosystems, technology-agnostic open APIs (Engage Media RESTful API, Transact composable microservices), and a retrofit-kit model that drastically reduces EMV migration cost versus full dispenser replacement. AI capabilities are primarily delivered through partnerships — notably Plexor.ai for computer-vision security — and through productized personalization features (loyalty messaging, customer profiles). Parent Vontier reported Invenco growth of over 20% in 2025 within its Mobility Tech segment, with mid-single-digit growth projected for 2026 and $15M in AI-driven productivity savings reinvested across the portfolio.

Name

Invenco Group Limited

Legal name

Invenco Group Limited

Website

https://invenco.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Invenco Group Limited is a Vontier subsidiary that provides outdoor payment terminals, point-of-sale systems, forecourt automation, and media engagement solutions for fuel retailers and convenience store operators across the US, UK, Malaysia, and New Zealand, distributed primarily through the Gilbarco Veeder-Root channel under the "Invenco by GVR" brand.

Ownership category

akta.pro rank

Product category

Fuel Retail Payment Technology

akta.pro primary industry

Parking Access & Revenue Control (PARCS) & Payment Systems (BPABAKAD)

akta.pro secondary industries

Mobile POS (mPOS) Devices & Handheld Terminals (HDACAKAB), Travel Deal, Loyalty & Subscription Platforms (BPAMAIAM)

Keywords

• Outdoor payment terminals
• Fuel retail technology
• Convenience store POS
• Forecourt automation
• EMV payment compliance

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Outdoor Payment Terminals (FlexPay 6): Sale of EMV-capable outdoor payment terminals (FlexPay 6 family: A2-09, M1-15, M2-15) to fuel retailers and convenience store operators. Hardware revenue from initial equipment sale, with optional retrofit kit model for upgrade deployments.
2. EMV-as-a-Service: Subscription-like model where retailers pay an upfront installation fee plus a recurring monthly fee (approximately $115/pump/month on a 4-year service deal) covering warranty, service, and software updates. Reduces capital expenditure for retailers while providing recurring revenue for Invenco.
3. Point of Sale Systems (Passport POS): Sale and deployment of enterprise-grade Point of Sale systems designed specifically for convenience retail and fuel operations. Passport POS connects indoor and outdoor (forecourt) transactions.
4. Forecourt & Asset Management Solutions: Revenue from forecourt automation controllers,ATG (Automatic Tank Gauging) products, and remote monitoring solutions that automate site operations across multi-location fuel retail networks.
5. Media & Engagement Solutions (Applause TV, Engage Media): Turnkey media solutions including Applause TV (GSTV-powered content) and Engage Media platform, providing in-store and forecourt digital media networks. Revenue model includes hardware subsidy, managed service fees, and potentially advertising revenue share.
6. Professional Services & Installation: Installation fees for payment terminal deployment, site assessments, certification support, and remote configuration services. One-time service revenue associated with new deployments or retrofits.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels7 records

Core offering

Invenco Group Limited designs, manufactures, and sells outdoor payment terminals (FlexPay 6 family), enterprise-grade point-of-sale systems (Passport POS), forecourt automation controllers, asset and fuel management solutions, and at-the-pump media engagement platforms (Engage Media, Applause TV) for fuel retailers and convenience store operators. The company also operates a cloud-connected management platform (The Hub) and offers subscription-based services such as EMV-as-a-Service to deliver recurring software, warranty, and remote management revenue alongside hardware sales.

Product overview

Invenco Group Limited provides a comprehensive retail technology ecosystem for convenience stores and fuel retailers, consisting of payment processing hardware (FlexPay 6 in A2-09, M1-15, and M2-15 configurations), point-of-sale systems (Passport POS), media engagement platforms (Engage Media, Applause TV, Engage Prompt), and forecourt automation solutions (Forecourt Automation, Asset Management, Fuel Management). The portfolio is unified through The Hub management platform and iNFX Solutions which simplify EPS certification complexity. Core payment products include FlexPay 6 outdoor payment terminals with anti-skimming security features and PCI 6 compliance, supported by connectivity solutions (Invenco Link, BRCM). Media products integrate with GSTV content and offer RESTful API access for automation. Passport POS connects over 40,000 locations with support for 120+ partner integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• FlexPay 6 Outdoor Payment Terminals Family of EMV/PCI 6.x-capable outdoor payment terminals (A2-09, M1-15, M2-15) with anti-skimming hardware for fuel retailers and convenience store operators.
• Passport POS Enterprise-grade point-of-sale system for convenience stores and fuel retailers, approved by all major oil companies and payment networks, connecting indoor and outdoor forecourt transactions.
• Engage Media Cloud-based media management platform enabling retailers to self-manage audio and video media at the pump with scheduling, dayparting, and RESTful API integration.
• Applause TV Turnkey managed media solution providing GSTV content at the pump with industry-leading 95% view rate, 62% in-store conversion, and 40% promotional influence.
• Forecourt Automation Integrated forecourt management enabling remote monitoring, configuration, and seamless integration of forecourt assets and payment technologies from any brand.
• Asset Management Comprehensive forecourt asset management including ATG (Above Ground Tank) products for automated, flexible site operations.
• Fuel Management Industry-leading fuel management and logistics solutions for retail fuel operators enabling inventory control and supply chain optimization.
• Transact Platform Composable microservice architecture platform supporting technology-agnostic strategy for flexible integration and deployment across diverse retail environments.
• Invenco Link Connectivity Network connectivity solution enabling upgrade to high-speed Ethernet using existing wiring, designed for high-reliability forecourt environments.
• BRCM Communication Hub Centralized communication hub facilitating secure communication between front-end forecourt devices and back-end systems for multi-device environments.
• EMV-as-a-Service Subscription-based EMV migration service delivering outdoor EMV payment terminals as a managed service with installation fees plus recurring monthly fees covering warranty, service, and software updates.
• Engage Prompt Cloud-based customization layer for FlexPay 6 enabling retailers to brand, configure, and deliver unique customer payment experiences with customizable backgrounds, buttons, fonts, and languages.
• Engage Media Full-Service Fully managed turnkey media solution with dedicated account manager and GSTV creative studio for premium video content and promotional screen time.
• The Hub Management Platform Centralized cloud management platform for Invenco solutions enabling remote monitoring, configuration, firmware updates, and content management across deployed terminals.
• iNFX Solutions Simplified payment ecosystem reducing certification complexity by connecting multiple POS systems to a single agnostic EPS, dramatically reducing L3 certification requirements.

Quantifiable outcome

• EMV-as-a-service saves $6.47-$8.51 billion vs. installing new dispensers and $1.67-$3.71 billion vs. manufacturer retrofit kits across the US fuel industry (~120,000 sites/600,000 pumps)
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature10 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Plexor.aicoreTechnology or IntegrationPlexor.ai is Invenco's title sponsor for RTC 2026. Plexor is a visual AI company that transforms existing security cameras into real-time intelligence systems for retail. The partnership involves AI security features integration with Invenco's point of sale, showcased at RTC26 as an example of smarter retail intelligence.
• GSTV (Gas TV)coreTechnology or IntegrationGSTV (America's Most Engaging On-The-Go Video Network) provides premium video content for Invenco's Applause TV media-at-the-pump solution. GSTV's content includes national brand advertising, entertainment, and promotional materials delivered through Invenco's FlexPay 6 payment terminal displays.
• ConexxuscoreStrategic or Co-development PartnerConexxus is a non-profit technology advocacy organization for the convenience retail industry. Invenco participates in Conexxus events and initiatives to help shape industry technology standards, define technology roadmaps, and advocate for reducing certification costs and time-to-market for retailers.
• NACS (National Association of Convenience Stores)coreStrategic or Co-development PartnerInvenco participates in NACS events, including the annual NACS Show, to engage with fuel retailers and convenience store operators. NACS is a key industry body influencing payment standards, regulations, and technology adoption in the US convenience retail sector.
• US Payments ForumminorStrategic or Co-development PartnerInvenco participates in the US Payments Forum to engage in industry discussions on payment security standards, EMV migration, and regulatory compliance. The company uses this forum to advocate for simplified certification processes.
• Merchant Advisory GroupminorStrategic or Co-development PartnerInvenco participates in the Merchant Advisory Group to represent retailer interests in payment technology discussions and standards development, particularly around EMV certification simplification.
• Ignite Retail TechnologyminorGTM or Marketing PartnerGold sponsor of RTC 2026. Ignite Retail Technology provides advanced POS systems, loyalty platforms, mobile ordering, and data analytics for convenience stores. Sponsorship indicates shared customer base and marketing alignment.
• Shep Digital SolutionsminorGTM or Marketing PartnerGold sponsor of RTC 2026. Shep connects screens and systems from pump to POS with a unified platform for dynamic content strategies, targeting fuel retailers and c-stores.
• Velocity Logic GroupminorGTM or Marketing PartnerGold sponsor of RTC 2026. Velocity Logic provides engagement platforms for convenience store operators, major oils, and restaurants, including loyalty, offers, and payment solutions.
• AWS (Amazon Web Services)coreTechnology or IntegrationAWS is represented at RTC 2026 through Kalpana Mahesh, Head of the Gen AI & Data Solutions Architects organization at AWS, who spoke at the conference. AWS provides cloud infrastructure underpinning Invenco's cloud-connected payment terminal platform.
• Gilbarco Veeder-RootcoreOEM/ Whitelabel/ Licensing PartnerGilbarco Veeder-Root is the parent brand under which Invenco operates as 'Invenco by GVR.' FlexPay 6 terminals are factory-installed in Gilbarco dispensers. Gilbarco Veeder-Root is the primary distribution and integration channel for Invenco's forecourt technology.
• Vontier CorporationcoreOthersVontier Corporation is the parent company of Invenco Group Limited. Vontier sells Invenco's payment and forecourt solutions as part of its integrated technology portfolio, providing corporate governance, capital, and strategic direction.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Gilbarco Veeder-Root: Vontier sibling company and primary distribution channel for Invenco's FlexPay 6 terminals; Gilbarco sells fuel dispensers and integrated forecourt technology to the same fuel retail customer base, and competes with Invenco in adjacent forecourt automation categories.

Direct peers

• Wayne Fueling Systems (Dover): Direct competitor in outdoor payment terminals, fuel dispensers, and forecourt automation for the global fuel retail market; serves the same enterprise fuel retailers and convenience store chains as Invenco.
• Verifone: Competitor in payment terminals and unattended payment solutions for retail fuel; provides PCI-compliant outdoor and indoor payment hardware overlapping with Invenco's FlexPay 6 and POS offerings.
• Ingenico (Worldline): Global payment terminal vendor with PCI 6.x unattended terminals used in retail fuel and parking; competes with Invenco's FlexPay 6 family in outdoor and unattended EMV payment scenarios.
• NCR Voyix: Provides enterprise POS systems for convenience retail and fuel operators (including solutions deployed at scale in c-stores), overlapping with Invenco's Passport POS and forecourt-to-store integration stack.
• Tokheim (Dover Fueling Solutions): Dover Fueling Solutions brand offering fuel dispensers, payment terminals, and forecourt automation; competes directly with Invenco in EMV outdoor payment hardware and forecourt controllers for the fuel retail vertical.
• Passport / Givex / PAR Technology: PAR Technology's Restaurant Cloud and adjacent retail POS solutions, including loyalty and engagement, target convenience and fuel-retail-adjacent operators and overlap with Invenco's Passport POS and Engage Media offerings.

Emerging players

• P97 Networks: Mobile commerce and digital payments platform for the fuel and convenience retail industry; competes in the mobile-pay-at-the-pump and loyalty integration space adjacent to Invenco's Engage Media and payment workflows.
• Crane Payment Innovations (CPI): Provides cash management and self-service payment technologies for retail environments including fuel and unattended applications; overlaps with Invenco on unattended payment terminals and is an RTC sponsor/partner.

Regional players

• Outerwall / Redbox (Pump & Pantry tech adjacent players): Parkland Corporation and similar fuel retail operators (e.g., 7-Eleven, Couche-Tard) deploy Invenco and competing forecourt technologies at scale; Parkland is representative of the regional fuel-retail-customer base that evaluates Invenco vs. competing OPT/POS stacks in North America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/invencogroup
• Facebookfacebook.com/invencogroup
• LinkedInlinkedin.com/company/invenco-group

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Invenco Group Limited