Published On: Wed, Mar 5th, 2014

Ingenico goes on to deliver its 5 millionth contactless payment terminal


PARIS: Buttressed with the delivery of its 5 millionth contactless payment terminal, Ingenico, the world’s primary provider of payment solutions, confirmed its leading position in the deployment of contactless technology.

On Record, the Ingenico group has been a pioneer in the development of this technology since the first certification of one of its terminals with Mastercard in 2004. Since then, Ingenico hasn’t stopped delivering the most advanced technological solutions to its clienteles, financial institutions and retailers, and integrated contactless technology into its full range of terminals in 2009.

In Fiscal 2013, with more than 50 percent of delivered terminals equipped with this technology, Ingenico thus accelerated the deployment of contactless payment solutions across all geographies. In the fourth quarter of 2013, every 4 out of 5 terminals delivered by Ingenico to its retail market clients, were NFC-enabled/equipped with contactless technology.


About the Author

- A Journalist by interest and a Music Enthusiast by passion. Wedded to Mother Nature, Jawed indulges his aesthetics in travelling and reading books of varied genres. Having covered News stories for top Dailies in his formative years, that is, he is game for tryst with Technology at Techmagnifier.

Ingenico goes on to deliver its 5 millionth contactless payment terminal