Q Comm to deliver prepaid application on Ingenico terminals
Ingenico, the world's leading provider of electronic payment terminals, announced today that Q Comm International, Inc. (Amex:QMM;QMM.WS), is developing its flexible prepaid application to run on Ingenico's multi-application terminals including the Elite series, the i5300 terminal, and the upcoming 5100 platform for delivery of Q Comm's suite of prepaid products and services at retail points of purchase nationwide.
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Q Comm plans to begin beta testing its application on Ingenico terminals later this month with commercial certification and launch scheduled for the second quarter of 2005.
Darin Hunsaker, Vice President of Sales at Q Comm International, stated, "Ingenico offers robust and economical terminals that match our requirements to make delivery of our prepaid products at the checkout reliable, fast and simple. Ingenico's UNICAPT terminal architecture will be an exceptional multi-application platform for Q COMM prepaid offerings, credit card payment and other applications." Hunsaker added, "Q Comm's flexibility to work with Ingenico opens up new sales channels for Q Comm as Ingenico's Independent Sales Organizations (ISOs) will be able to sell Q Comm's prepaid services. We are excited to have Ingenico, the world leader in Eftpos terminals, as a new and valued partner."
"Q Comm is one of only a few providers able to address both the prepaid and acquiring market segments," stated John Priore, EVP and general manager of Ingenico's Financial Systems organization. "Ingenico is privileged to be able to work with Q Comm both domestically and internationally to offer the very best prepaid solutions available."