TSYS and Ingenico POS suite primed for EMV and NFC

Source: TSYS

TSYS® (TSS), a leading global payments provider, and Ingenico Group (Euronext:FR0000125346-ING), global leader in seamless payments, today announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, including magnetic stripe, EMV®, NFC and Apple PayTM.

TSYS is the first processor to Class A certify Ingenico Group’s new PCI 3.0-certified smart products — the iCT 220 Contactless and iPP310 PIN pad — thus providing merchants with front-line support for a complete end-to-end payment solution.

TSYS has developed a new payment application, INGEMV2, which will run on selected versions of Ingenico Group smart terminals. The combined TSYS and Ingenico Group offering will give businesses a complete solution for securely processing EMV, NFC and Apple Pay transactions, while providing advanced security features such as encryption and tokenization to guard against credit card fraud.

“Our relationship with Ingenico Group and its industry-leading expertise in EMV and NFC enabled TSYS to be among the first processors to be certified for Apple Pay,” said Craig Ludwig, senior director and head of product for TSYS' Merchant Services segment. “Our INGEMV2 payment application takes full advantage of the rich Ingenico POS feature set so that our mutual customers may take immediate advantage of Apple Pay and other contactless payment methods in a secure manner.”

“We’re pleased that TSYS was the first to Class A certify our new PCI 3.0 products,” said Bernie Frey, SVP Acquirer Sales, Ingenico Group North America. “These new products ideally position TSYS and Ingenico Group to address the unprecedented demand for field upgrades that EMV and Apple Pay are creating. This demonstrates a serious commitment to Ingenico Group payment solutions and gives TSYS customers access to the very latest in EMV and NFC technology. Together, we help merchants realize the value and security that EMV and NFC provide.”

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