08 February 2016

Ingenico brings European activities and transactions business together

04 February 2014  |  1491 views  |  0 Source: Ingenico

A year after Ogone's acquisition, Ingenico (Euronext: FR0000125346 - ING), a global leader in payment solutions, announces today that it is bringing together its European business ("Europe-Sepa") and its Transactions business under the management of Pierre-Antoine Vacheron, EVP Sepa to build a leading payment service provider in Europe.

Over the last twelve months, driven by the successful integration of Ogone, the Group has accelerated the implementation of its Transaction Services strategy, focusing on the combination of off-line (Axis, easycash) and on-line processing. Ogone has continued to grow significantly within the Transaction business unit, building on the common DNA shared by the various transactions activities within the region. With the integration of Ogone now well under way, Peter de Caluwe has decided to start a new professional project outside the group.

The Group reiterates its 2015 targeted synergies derived from Ogone's acquisition, notably with the deployment of multi-channel global payment solutions for both merchants and acquirers, first in Europe and then in high potential geographies. Recent business developments, including the very strong transaction volumes for Christmas shopping, make the Group confident in its capacity to support merchants in the management of their payment infrastructure, across all distribution channels - in-store, on line and mobile- and across different geographies. 

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