Ingenico (Euronext: FR0000125346 - ING), leading worldwide provider of payment solutions has entered into an agreement with Nets which enables Nets to launch new payment solutions for small merchants.
The new mobile Point Of Sale (mPOS) solution from Nets turns smartphones and tablets into secure payment terminals.
Nets, in partnership with Ingenico, will provide a fully operated solution from the secured card reader to the processing of the transaction. Nets will use the mobile commerce platform provider ROAM, an Ingenico subsidiary and leading mobile commerce platform provider, to implement the solution.
Nets will offer a dedicated application and a secured pocket format card reader with Bluetooth connection to use with a smartphone or a tablet device.
The iCMP, a pocket-sized and light weight payment device from Ingenico, meets all security and payments standards, including EMV, PCI PTS, Paypass and PayWave. This new payment solution will be rolled out before end of 2013, with a pilot taking place in Norway during the Autumn.
Heikki Kapanen, Executive Vice President in Nets said: The new mPOS solution will be part of our Nordic payment application, and can act as a regular payment terminal for smaller merchants. The mPOS solution from Nets will be able to meet all national and international security and payment standards."
Jose Luis Arias, Managing Director, Ingenico Northern Europe and Iberia, commented: I'm delighted with the new partnership making our relationship with Nets even stronger. Together, we have developed innovative and secure mobile payment solutions for small merchants. This new development illustrates again that Ingenico is ahead in innovative solutions and confirms our privileged position to deliver our customers with mobile payment solutions."