Type Public Products Payment terminals Founded 1980 | Traded as Euronext: ING Headquarters Paris, France Number of employees 6,000 | |
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Founder Jean-Jacques Poutrel and Michel Malhouitre Key people Philippe Lazare, CEO, Eric Brier, CSO Revenue 2.19 billion euros in 2015 Subsidiaries Ogone, Ingenico Payment Services, TechProcess Profiles | ||
Ingenico ict220 review
Ingenico is a France-based company, whose business is to provide the technology involved in secure electronic transactions. Its traditional business is based on the manufacture of point of sale (POS) payment terminals, but it also includes complete payment software and related services, also software for merchants.
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History
Ingenico was founded in France by Jean-Jacques Poutrel and Michel Malhouitre in 1980. It is headquartered in Paris.
In 2008, after the merging with SAGEM Sécurité, Ingenico closed its R&D centre in Barcelona. This centre developed Ingenico's family of EFTPOS (Electronic funds transfer point of sale). More than three million units were sold worldwide in 2007.
In 2009, Ingenico partnered with its two largest competitors, Hypercom and VeriFone, to found the Secure POS Vendor Alliance, a non-profit organization whose goal is to increase awareness of and improve payment industry security.
Ingenico acquired German payment processor Easycash in 2009 for €290 million EUR.
In 2011, Ingenico integrated Pennies, the electronic charity box, into one of their mobile Chip and PIN payment terminals, allowing retailers to use the Pennies technology so their customers can add a micro-donation (1p-99p) to their bill when paying by card.
On January 29, 2013; Ingenico announced it had acquired Ogone, a Belgian online payment provider, for 360 million euro. India's second-largest payment gateway, E-Billing Solutions Ltd. (EBS), had just been taken over by Ogone when Ingenico went public with the news of the acquisition.
On June 4, 2014, Ingenico announced publicly that it would change its company name to Ingenico Group. All activities will be structured around three major brands: Ingenico Smart Terminals, Ingenico Mobile Solutions and Ingenico Payment Services. Ingenico Payment Services groups the activities of acquisitions made by Ingenico over the past years, including Ogone, TUNZ, easycash, easycash Loyalty Solutions and AXIS (not to be confused with India's AxisBank).
In January 2015, Ingenico announced products to allow merchants to accept payment by Bitcoin via its terminals.
In January 2016, Ingenico Group launched a new brand and division, Ingenico ePayments. The activities of Ogone and GlobalCollect were combined within the new online and mobile commerce division.
In 2016, Ingenico also launched "Ingenico Labs"[1], an innovation lab where teams are working on designing and anticipating future innovations in the payment industry, notably for integrating payment methods into connected objects. This led to the Group taking a majority stake in the start-up Think&Go, a company specialising in couponing and loyalty programme screens, in April 2016.
In May 2016, Ingenico acquired Nera, a company based in Singapore, for €60 million. Nera boasted turnover of €120 million across 17 countries in Asia, the Middle East and Africa. Ingenico also bought Nera's distribution partner in Japan, Lyudia, in April 2016.
In July 2016, Ingenico ePayments announced partnership with digital gaming distributor Resume Games.