Ingenico reports mPOS momentum in Italy

Source: Ingenico

Ingenico Group (Euronext: FR0000125346 - ING), global leader in seamless payment, announces a strong acceleration in the deployment of its mPOS solution in Italy, notably in response to a new legislative framework that requires all merchants to accept card payment for all transactions over €30.

Over 45,000 merchants adopted Ingenico’s mPOS solution with over 1M transactions carried out in just 6 months of deployment of its white label solutions towards all major Italian banks and telcos. Telcos have also added mobile acceptance to their agenda and bundled mPOS with their smartphones.

With its mPOS solution fully integrated into the Italian card payment ecosystem, Ingenico Mobile Solutions offers merchants an affordable payment acceptance solution, certified and compliant with the EMV international security standards."

Leveraging decades of expertise in secure payment transactions, our mPOS solution has paved the way for a rapid adoption of electronic payment solutions in Italy, and has fully met market expectations. Our partnership with over 80 Italian banks reflects our unique position enabling mPOS services worldwide, and our ability to support banks and telcos through large-scale custom deployments of our white label solutions”, commented Jacques Behr, EVP Europe & Africa, Ingenico Group."

Designed to fit the needs of mass-deployment, the mPOS solution is accessible to all and does not require installation by field engineers. Intuitive, it provides customers with a smooth and enhanced payment process experience. Complete, affordable and easy to use, the solution is based on iCMP mobile terminals which operate via iOS and Android smartphones and tablets.

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