INGENICO has achieved a further milestone in the Japanese market having agreed to supply payment terminals to NTTDATA Corporation, Japan.
NTT DATA operates CAFIS/INFOX - NET, which is the largest financial transaction acquiring network in Japan. Currently approximately 300,000 terminals are installed in a number of merchant environments throughout Japan including department stores, various retailers and restaurants. INFOX - NET and NTT DATA are targeting to have a total of 400,000 terminals installed by the end of 2006.
INFOX - NET has selected to launch the i5100 (Ingenico's largest selling terminal globally), the i5310 as well as the portable i7780 aimed at the entertainment sector. These terminals will be targeting new merchants as well as existing INFOX - NET customers who need to upgrade their terminals for EMV chip acceptance.
This agreement provides Ingenico Japan with a further opportunity to strengthen their business and establishes Ingenico as a major supplier to the payment terminal market in Japan.
"This opportunity reconfirms our company strategy to commit to the Japanese market for the long term, commented Amedeo d’Angelo, Ingenico CEO. This is a challenging and important market where I am confident that we can make an important contribution."