• Processors Bora Payment Systems, Bottomline Technologies, CSI globalVCard, MineralTree, and Priority Commercial Payments have become the first companies to receive approval from Visa Inc.’s Visa Ready for Business Solutions program, which helps technology companies integrate with Visa’s business-to-business payments services. • In related news, Visa announced it will be equipping the stadiums …
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USA Technologies in Ingenico Deal and other Digital Transactions News briefs
• USA Technologies Inc. announced it will work with point-of-sale terminal maker Ingenico to make Ingenico contact-EMV hardware available to providers of vending machines and other unattended terminals that use USAT’s network for contactless payments. • In related news, Mastercard Inc. said it is making its Masterpass digital wallet available for purchases …
Read More »Small Merchants’ EMV Upgrade Delays Continue To Crimp Terminal Maker Ingenico
The former EMV prom that’s turned into the date from hell for some payments-industry vendors continued for point-of-sale terminal maker and e-commerce services provider Ingenico Group SA in the fourth quarter. The France-based firm that has major operations in Canada and the United States reported last week that its North …
Read More »Ingenico Readies Its POS App Marketplace for U.S. Merchants And Acquirers
By Kevin Woodward@DTPaymentNews Point-of-sale terminal maker Ingenico Group is bringing its POS app store based on its Telium Tetra operating system to the United States this year, company officials tell Digital Transactions News. POS apps enable merchants to load and use business software than can help with employee scheduling, manage …
Read More »Ingenico Debuts Android mPOS Device and other Digital Transactions News briefs
Terminal maker Ingenico Group introduced its first Android-based mobile point-of-sale payment device, the APOS. The portable terminal includes a front and rear camera and accepts payments based on EMV, mag-stripe, and near-field communication. Cubic Transportation Systems announced it has been awarded a $4.8 million contract modification from the Maryland Transit …
Read More »After Striking VeriFone, the U.S. EMV Revenue Bug Hits Ingenico
By Jim Daly@DTPaymentNews If misery loves company, then VeriFone Systems Inc. can make room for its arch-rival, France-based Ingenico Group. Ingenico reported Tuesday that a “sudden and significant” decline in U.S. EMV-related revenues, along with weak sales in Brazil, had forced it to lower its revenue and profit forecasts for …
Read More »Eye on Earnings: Ingenico North America up 11%; Sales Up, Profits Down at TSYS
The U.S. migration to the EMV chip card standard continues to pay off for point-of-sale terminal maker Ingenico Group as the company reported a 14% increase in its North America revenue for the first six months of 2016. France-based Ingenico, in its earnings results released Tuesday, said it recorded 148 …
Read More »Cabela’s Using Ingenico Encryption and other Digital Transactions News briefs
• The number of merchants accepting chip cards increased to 1.4 million as of April 30, according to new data from MasterCard Inc. That’s a 17% increase from 1.2 million MasterCard reported in March. MasterCard also says 68% of all U.S.-issued MasterCard-branded consumer credit cards have an EMV chip. The …
Read More »Eye on the POS: VeriFone Snags AJB, Ingenico’s U.S. Growth, HP’s Retail Thrust
With the National Retail Federation’s annual trade show kicking off Monday in New York City, a number of payments companies tried to get a head start on the show by releasing news over the weekend. Much of it concerns developments for the physical point of sale. Here’s a wrap-up of …
Read More »Eye on Bitcoin: Ingenico’s Bitcoin-Accepting Terminal; Feds Set Final Silk Road Auction
Point-of-sale terminal maker Ingenico Group has teamed up with Bitcoin merchant acquirer BitPay Inc. to retrofit a traditional POS terminal for Bitcoin acceptance in stores. And the U.S. Marshals Service is planning to auction off the last of the Bitcoin that the FBI seized in 2013 when it busted Ross …
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