Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Ingenico Group    ING   FR0000125346

INGENICO GROUP

(ING)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

INGENICO : Partners with Shift4 to Provide Merchants with a Processor-Neutral Secure P2PE Platform

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/09/2013 | 02:27pm EDT
9 January 2013 Ingenico Partners with Shift4 to Provide Merchants with a Processor-Neutral Secure P2PE Platform

Atlanta and Las Vegas January 9, 2013. Ingenico (Euronext: FR0000125346 - ING), leading worldwide provider of payment solutions, and Shift4 Corporation, the world's largest independent payment gateway, today announced a partnership that brings Shift4's neutral merchant-centric processors to Ingenico's open Point-to-Point Encryption (P2PE) portfolio of offerings.

Download as PDF

As a dominant Point-of-Sale retail hardware provider to merchants in the U.S., we want merchants to take full advantage of the added values that accompany P2PE schemes by providing a range of choices that best fit with their processing needs," commented Scott Tubbs, vice president of Retail and Channel Sales at Ingenico North America. "What Shift4 has done is develop a uniform platform that allows merchants to switch banks and/or processors without changing their infrastructure - a truly processor-neutral solution." 

P2PE answers merchants' needs for secure mobile payments. Prior to this technology, merchants using mobile solutions were often storing unencrypted data on their devices and sending it over relatively unsecure mobile networks. 

P2PE offers merchants the ability to limit their sensitive card-data environment to literally the size of the swipe device," said Shift4 CEO Dave Oder. "They no longer have to worry about bringing their work stations, networks, and servers into PCI compliance, which used to be an expensive and time-consuming process."

Adding Shift4 to the equation means not only are merchants free to adopt mobile solutions or prepare for future technologies, but they can make the strategic business changes necessary to fully capitalize on these new capabilities. Ingenico's latest Telium 2 series devices combined with the P2PE solution remedy both of these merchant concerns. Not only does their P2PE capability reduce previous PCI-compliance concerns, their wide range of multi-lane signature capture, retail PIN pad, and mobile payment devices cover the full spectrum of merchants' needs, allowing them to securely accept and process all forms of payment including magnetic stripe, EMV chip card, contactless, and NFC-enabled mobile transactions.

Partnering with Ingenico gives us access to their excellent line of PCI-approved SRED Telium 2 series devices, which goes a long way towards Shift4 being listed as a PCI-validated P2PE solution provider," said Shift4 VP of Business Development Bob Lowe. "That certification is what our merchant customers have asked us to obtain, and we believe that Ingenico is the best possible choice to help us fulfill that request and address our customers' future security needs."

As a European company, Ingenico's devices already support EMV. The U.S. Chip-and-PIN (EMV) mandate for 2015 enables partners such as Shift4 to make a seamless transition for their merchants. 

Both companies will be attending and exhibiting at the National Retail Federation's Annual Convention & EXPO in New York next week (January 14-15, 2013). Merchants interested in taking advantage of the opportunities this partnership provides can stop by Ingenico's booth #1653 or visit Shift4 in booth #740. Those not attending NRF this year can request a list of supported devices by calling 702.597.2480 (option 3) or e-mailing marketing@shift4.com. 

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INGENICO GROUP
03/19INGENICO : Appointment of Matthieu Destot as EVP, Banks & Acquirers at Ingenico ..
AQ
03/18Shares in European payments companies rise on Worldpay takeover
RE
03/18Appointment of Matthieu Destot as EVP, Banks & Acquirers at Ingenico Group
GL
02/27INGENICO : Visa and Planeta Informatica Pioneer New Technology to Bring the Spee..
AQ
02/12INGENICO GROUP : 2018 full year results - Challenging year - Improved revenue tr..
GL
02/12GLOBAL MARKETS LIVE : Michelin, Amazon, Softbank, Colgate Palmolive…
02/09EVO PAYMENTS : Introduces Semi-Integrated Payment Solution for Ingenico Groups T..
AQ
02/04INGENICO GROUP : Q4 Revenue & Full Year Results 2018 Conference Call Invitation
GL
02/04Appointment of Michel-Alain Proch as Ingenico Group Chief Financial Officer
GL
01/23EUROPE : European shares dip as Ingenico and Metrobank add to macro gloom
RE
More news
Financials (€)
Sales 2019 3 183 M
EBIT 2019 444 M
Net income 2019 215 M
Debt 2019 1 433 M
Yield 2019 2,23%
P/E ratio 2019 17,90
P/E ratio 2020 15,21
EV / Sales 2019 1,70x
EV / Sales 2020 1,52x
Capitalization 3 989 M
Chart INGENICO GROUP
Duration : Period :
Ingenico Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INGENICO GROUP
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 66,5 €
Spread / Average Target 5,2%
EPS Revisions
Managers
NameTitle
Nicolas Huss Chief Executive Officer & Director
Bernard André Joseph Bourigeaud Chairman
Michel-Alain Proch Chief Financial Officer
Xavier Moreno Independent Non-Executive Director
Elie Vannier Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
INGENICO GROUP27.53%4 508
DELL TECHNOLOGIES INC21.85%43 616
HP INC-5.47%31 007
HEWLETT PACKARD ENTERPRISE15.75%21 953
SEAGATE TECHNOLOGY PLC21.61%13 678
LENOVO GROUP LIMITED32.09%10 607