Ingenico (Euronext: FR0000125346 ‐ ING), leading worldwide provider of payment solutions has been selected by McDonald's Ukraine to implement contactless payment to all McDonald's restaurants in Ukraine.
Ingenico will deliver the solution in partnership with JSC "Oschadbank", one of the largest financial institutions of the country, and JSI "Bancomzvjazok", the worldwide software development company for secured electronic transactions.
For this project, Ingenico has supplied its efficient and colorful contactless retail PINPad iPP350 enabling contactless payment at cashiers and JSI "Bancomzvjazok", Ingenico's longtime partner, developed the software application for the integration of both ECR and bank's acquiring systems.
This secure and user-friendly Ingenico contactless solution will speed up the payment process with an increase ranging up to 30 seconds when using cash or classic magnetic strip line payment card. Furthermore, it will not require the signature capture or a PIN code if the transaction sum is within the set limit.
McDonald's customers will be the first ones offered the opportunity to use the NFC technology allowing acceptance of contactless cards. This experience, the first of its kind in a hospitality environment, enters in the global strategy of the worldwide fast-service company to improve the services to its customers and at the same time to provide innovative and multichoice payment options.