Ingenico (Euronext : FR0000125346 - ING), leading worldwide provider of payment solutions, has extended its relationship with Avis Europe by signing up another ten countries within the rental company's retail network to its secure payment management system.
3,000 Ingenico countertops iCT250 have been delivered to Avis Europe with the Axis Solution: a secure multi-channel transaction management.
Ingenico secured a five year deal with Avis Europe in 2011 to provide a fully managed payment service including approximately 3,000 iCT250 chip and PIN terminals, transaction management delivered through Ingenico's Axis platform, helpdesk and hardware maintenance services.
Further to the current 12 corporate managed countries across Europe there are now 10 additional countries that will roll out the solution. These include Denmark, Norway, Sweden, Finland, Iceland, Romania, Hungary, Poland, Greece and Malta. The solution will go to pilot in September 2012 with a full roll out towards the end of the year.
Ingenico's Axis solution is an international transaction management platform which centralises the management of transactions for large businesses, helping to control costs and provide end-to-end security and compliance with all international payment regulations and standards. The proven solution has already been deployed as a managed service for merchants in a wide variety of sectors such as retail, hospitality, transport and fuel. Ingenico supports more than 80,000 active lanes on the Axis platform, with over 1.6 billion transactions routed in Europe every year.
Craig Doyle, Managing Director, Ingenico Northern Europe commented: "Eight months after signing this deal with Avis, we have secured roll out across a further 10 major European markets. Ingenico is a leader in the development of innovative transaction management solutions that can deliver real bottom line benefits for our customers. The success of our partnership with Avis is rooted in our cutting-edge technology, and our expert knowledge in the latest payment regulations and standards, which ensures that Avis Europe is fully compliant. We are confident that the Ingenico payment service will be extended across many other countries in the Avis group over the coming months."
Martyn Smith, CFO, Avis Europe said: "At Avis Europe our customer experience is a priority and we take pride in our ability to provide customers with a fast, reliable and stress-free way to rent a car. Through our partnership with Ingenico, we will now be able to deliver customers an even faster rental experience whilst providing the business with a fully compliant and secure transaction management solution that takes care of all our payment needs."