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Ingenico announces the disposal of SAGEM DENMARK and MANISON FINLAND

by swmerchant 12. June 2009 12:05
Following the transaction that will be in cash, BBS will hold 100% of these two entities which contributed, in 2008, in revenue of €39.1 million and operating margin of €4.6 million. The closing of the transaction should take place in the next 60days.

Philippe Lazare, Ingenico Chief Executive Officer, commented: “The disposal of these two companies acquired as part of the transaction of Sagem Monetel is an opportunity to withdraw from non strategic activities but also to reinforce our commercial position in Nordic countries thanks to BBS leadership in this region. This disposal also very substantially strengthens our liquidity position and thus, our strategic flexibility.Read More

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Ingenico ORGA 920 certified by gematik

by swmerchant 12. June 2009 12:02
Thus all current ORGA products offered by Ingenico correspond to the complex requirements of the gematik and are ready for the migration scenario of the new electronic Health-card eGK.

„Large EFT network users recognize increasingly the strategic meaning of the health market. We as a market leader are offering them a comprehensive and future-safe product portfolio“, commented Marc Birkner, managing director of Ingenico / Sagem Monetel in Germany.

Apart from the compact dimensions and the small weight the functionality and the very attractive design of the ORGA 920 are to be emphasized. The equipment fits with its two full size card interfaces into all shirt pockets. The ORGA 920 works with the usual card KVK just as well as with the new eGK and can store up to 200 data records of eGK and KVK.Read More

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Ingenico Launches Next Generation Payment Security Whitepaper

by swmerchant 5. June 2009 04:12
Ingenico today announces the publication of its “End-to-End Security in an Open and Mobile World” whitepaper to coincide with its first International Security Forum which took place in Paris on June 4.

Paris, 2009, June 4th

With confidence and security key factors, the whitepaper identifies four essential principles at the very heart of the secure payments industry: confidentiality, authenticity, integrity and availability.

The report asserts that total security must take into consideration all elements of the transaction to eliminate risk of failure throughout the payment chain.

The demand for additional services at the point of sale is driving the development of new, function-rich payment devices - incorporating over-the-air administration tools, wireless and USB connectivity, colour screens and a more intuitive interface for the consumer. In addition, these terminals are increasingly incorporating open, standards-based technologies to allow third party application providers and merchants to create and deliver a host of new revenue generating services and applications.  Read More

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Ingenico appoints Craig Doyle Managing Director, Northern Europe & Australia

by swmerchant 27. May 2009 08:55
Ingenico, the world leader for payment solutions, announces the appointment of Craig Doyle to the position of Managing Director, Northern Europe & Australia. He succeeds Nick Parsons who will pursue his career outside the Group

Neuilly-sur-Seine, May 25, 2009

Craig Doyle, EVP, a member since January 2009 of the Executive Committee, will remain in charge of Global Acquirer Business line and will continue to develop key strategic relationships on a worldwide basis with acquirers, processors, Payment Service Providers (PSP) and the introduction of new value propositions based on Managed Services solutions to these channels.

“Ingenico and I would like to thank Nick for his commitment to the company and for the past 3 years, he contributed to increase Ingenico Presence in UK and Northern Europe,” commented Ingenico Chief Executive Officer Philippe Lazare. Read More

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Ingenico, world’s only organisation providing secure Contact, Contactless and Telemetry Solution

by swmerchant 27. May 2009 08:53
Ingenico, the world’s leading provider of payment solutions, will be demonstrating its secure end-to-end contactless payment and telemetry offering for the vending market at this year’s International Vending and Water Exhibition (AVEX) in Birmingham. Globally available, the solution responds to all requirements of retailers in terms of private payment, public payment, telemetry, alarm management, consumer information, publicity and interactive added-value services.

Dalgety Bay, May 21st, 2009

The solution covers the entire transaction and monitoring process, from the terminal itself to transaction and service management, via IP and GPRS connectivity. The unattended solution also encompasses MasterCard PayPass and Visa PayWave contactless terminal – Vending Pass. Connectivity is provided via a secure worldwide IP network - which is certified by banks and boasts an availability factor of 99.95% - or via a wireless GPRS network, for which Ingenico is the alternative operator in more than 100 countries.

Ingenico’s unattended payment terminals are all EMV and PCI-PED approved. Its industry proven High Secure Core (HSC) supports powerful encryption (including RSA, DES and 3DES) to provide the assurance of secure data and application management. Each vending machine contains a ‘black box’ gateway, connected to a hosted secured server, which records every transaction and provides a connection to the network. This server function enables the operator to monitor activities and respond to events as necessary, rather than on a routine basis, ensuring the greatest efficiency of vending machine management. Read More

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