Global coverage and local expertise delivers a unique Managed Transaction Solutions model

CARTES & IDentification, Paris, 4th November 2008:  Ingenico, the world’s leading provider of payment solutions, today launches its unique managed transaction services model, promising to eliminate the cost and complexity of delivering financial and value added application transactions while ensuring swift and accurate management from terminal to acquirer.

Operating as a fully managed service, and capable of supporting any payment type or value added service, this new solution leverages Ingenico’s expertise in payment terminals and security to open the door to faster transaction times, lower cost of ownership and a uniquely detailed view of the terminal, transaction and value added service lifecycle.

A critical element of its new Beyond Payment strategy, Ingenico’s Transaction Solutions delivers complete end-to-end terminal estate, software, transaction and services management, while complying with the latest security standards and offering state-of-the-art 24/7 operational infrastructure support. It also makes it easy to implement and manage highly centralised Electronic Fund Transfer (EFT) operations by:

• Enabling cost-efficient traffic gathering from any conventional telephony, wireless or IP network,
• Providing interconnection with any host, including authorisation centres, banks and other payment service providers,
• Delivering a detailed and centralised view of all transaction and traffic patterns for reconciliation and reporting.

Significantly, Ingenico provides complete visibility and control of the entire transaction lifecycle through a personalised Customer e-Portal. In real-time, this online tool enables customers to provision their services, manage all transactions according to card schemes, terminal outlet, country etc., and access a detailed reporting dashboard of statistics and diagnostics.

According to Christophe Dolique, EVP Transaction & Business Solutions at Ingenico: “Today’s increasingly sophisticated global payments industry demands retailers, banks and payment service providers run the gauntlet of a host of complex technical and regulatory constraints. Our unique expertise in payment terminals and security entitles us to provide our customers with this unique solution to reduce the cost and complexity of deploying and managing EFT services while benefiting from a better control and visibility of their payment solution.

“Thanks to a global presence and in-depth market and regulation knowledge, Ingenico can support its customers where they do business anywhere in the world and, notably, is paving the way to the SEPA deployment in Europe.”

To discuss Ingenico’s new managed Transaction Solutions, visit the Ingenico stand at Booth 4L027 at CARTES ‘08 on 4th, 5th and 6th November 2008 at Paris Villepinte.