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CompanyProfile





                                                                                     ISO/MLS contact:
                                                                                           Tim Reidy
                                                                       Sales Development Representative
                                                                                        678-456-1422
                                                                                tim.reidy@ingenico.com
                                                                                      www.ingenico.us



                   Empowering omnichannel merchants




                   lobal POS manufacturer Ingenico Group has     where payments are going to be in 2020, 2025 and beyond,"
                   reported significant growth in its distribution   Hometh said. He added that the company is working with
                   and omnichannel service channels in recent    other global innovators, mapping out the future.
        G years. To date, the France-based company
        founded in 1980 has deployed over 27 million POS ter-    One such innovation demonstrated during the 2016
        minals in 170 countries. And strategic acquisitions have   Toronto International Film Festival was Ingenico's
        solidified its position as an omnichannel service provider.  Connected Screen. Payment technology built into the
                                                                 digital billboard screen allows contactless payments
        "Ingenico acquired Ogone and GlobalCollect, two          via chip card or mobile wallet. Festivalgoers used the
        prominent e-payments companies, as well as other         technology  to  purchase film tickets and  other venue
        acquisitions  along  the  way,  which  has  allowed  us  to   items.
        establish a clear, present, growing omnichannel strategy
        where  we  have  in-store,  mobile,  unattended,  and  with   Historically, Ingenico typically hasn’t sold directly to ISOs,
        these acquisitions, online payments," said Rod Hometh,   but it has established an extensive distribution partner
        Senior Vice President of Strategic Development at Ingenico   and acquiring channel network that ISOs can align with
        Group North America.                                     in the U.S. market and other regions for anyone interested
                                                                 in expanding internationally, Hometh said.
        In early 2016, Ingenico ePayments officially launched as
        the company's online and mobile commerce division.       The company also emphasizes ease of configuration and
        Ingenico noted  that  the  division’s  services include  over   meeting the individual needs of each retail segment.
        150  payment  methods,  mobile-optimized  checkout       Ingenico introduced the Bluetooth-enabled Moby/3000
        made possible via Ingenico Connect's integration toolkit,   mobile POS smart card reader to help smaller merchants
        data analytics supplied by Ingenico's Elevate business   transition to EMV cost-effectively. The iSMP4 Companion
        intelligence tool, fraud management services and cross-  enterprise-class mobile POS device, on the other hand,
        border commerce expertise, among others.                 accommodates top-tier merchants with higher memory
                                                                 capacity and barcode scanner; it can also be semi-
        Assembling these strategic building blocks for the future   integrated.
        has  resulted  in  dynamic  changes  to  the  company’s
        revenue structure. According to Hometh, hardware         ISOs  and independent software vendors (ISVs) directly
        represents about 70 percent of Ingenico's revenues today.   benefit from semi-integrated solution capabilities. "The
        Non-hardware services such as e-payments, processing,    technology allows an ISV to use one of our devices to gain
        support, fraud protection and build out of distribution   EMV or secure encrypted transactions without having to
        centers regionally comprise the remaining 30 percent.    completely modify the systems that they've already built,"
                                                                 Hometh said. "The terminal talks to their POS system and
        POS hardware sales growth for Ingenico has been          their POS system stays out of PCI scope. They don't have
        fueled, in part, by the U.S. migration to EMV (Europay,   to do a lot of coding and recertification of their solution."
        Mastercard and Visa) chip-enabled terminals. "We came
        to the migration having done it in 80 countries, so we   Equally  important  is  being  able  to integrate  products
        were well prepared and able to secure business readily,"   and services that offer fluid movement across merchant
        Hometh said, noting that accelerated EMV adoption by     channels. "We want to provide them a platform where
        smaller merchants will likely occur later this year and   somebody can start a sale online and finish it in a store,
        into 2018, a pattern evidenced in other global regions.  or start a sale in a kiosk and finish it on their mobile
                                                                 phone as they're somewhere down the block, and all the
        Embracing innovation                                     permutations of that," Hometh stated.
        Operating behind the scenes, Ingenico Labs serves as the
        company's center for innovation. "It is a group of people   As part of that initiative, the Ingenico Marketplace
        and  research area that does  nothing but think about    makes it possible for developers to integrate very specific
                                                                 applications that benefit merchants at the POS.
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