||This article appears to be written like an advertisement. (February 2015)|
|Traded as||Euronext: ING|
|Founder||Jean-Jacques Poutrel and Michel Malhouitre|
|Philippe Lazare, CEO|
|Revenue||1.37 billion euros in 2013|
Number of employees
|Slogan||Secure transaction and payment solutions|
Ingenico is a French-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 solutions and related services.
In 2008, after the merging with SAGEM Sécurité, Ingenico closed its R&D centre in Barcelona. This centre has developed Ingenico's most successful 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 market leading mobile Chip and PIN payment terminals, allowing retailers to 'switch on' the Pennies solution so their customers can add a micro-donation (1p-99p) to their bill when paying by card.
As of 2012, over 15 million Ingenico terminals have been deployed across 125 countries, with the Ingenico Aqua 50 being their best selling POS terminal.
On January 29, 2013; Ingenico announced publicly that it had acquired Ogone, a Belgian online payment provider, for 360 million euro. Ogone had just finalised the takeover of India`s second-largest payment system, EBS, 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, being the global leader in seamless payments. 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 different 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).
- Jay Roach (June 15, 2009), New Non-Profit To Take On Retailers' Payment Security Woes, Retail Solutions Online
- "Ogone Payment Services enters Indian market via EBS acquisition". The Paypers. September 23, 2011.
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