Ingenico Group and Famoco pool their expertise to develop a new business offering
Partnership : Famoco help Ingenico Group to broaden its range of payment solutions
Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, and Famoco, leader of Android-based transactional devices, today announced that they have been collaborating on an industry tailored offering. This partnership brings together the best of their know-how to achieve greater integration of payment acceptance solutions and business services.
This initiative forms part of Ingenico’s ongoing effort to open up to various platforms and ecosystems, with the aim to broaden its range of payment solutions and meet all merchants’ needs. Famoco is specialized in secure Android-based solutions supporting the digital transformation of businesses and their staff in mobility, notably in the fields of transport, healthcare or utilities. Ingenico provides its long-standing expertise in secure electronic payment. The companies’ respective markets are complementary, so are their sizes.
A proof of concept will be demonstrated on Ingenico’s and Famoco’s booth at Mobile World Congress 2017. This all-in-one mPOS easily and safely merges the Ingenico portfolio of highly secure payment applications with a secured Android-based device of no street value, guaranteeing metadata protection. Furthermore, the device, designed with business efficiency in mind, is managed over-the-air by a single platform that monitors payment services, security tools and business services. It also offers tailored services through business apps downloadable from a private store.
‘We are pleased to collaborate with Famoco. Their expertise in business services complements our leadership in secure payment. This partnership illustrates Ingenico Group’s ability to offer merchants an ever-broader range of payment acceptance devices that seamlessly integrate payment and business services.’ said Frédéric Lepeintre, VP Marketing, Ingenico Group.
‘We are proud to partner with Ingenico to bring our Android expertise to EMV payments. Co-innovation between start-up and industry leader is a reality.’ said Lionel Baraban, CEO, Famoco.
About Ingenico Group :
Ingenico Group (Euronext: FR0000125346 – ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world’s largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world’s best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise.
Press contacts :
For Ingenico :
External Communications Manager
T./ +33 1 58 01 89 62
Investor Relations manager
T./ +33 1 58 01 85 09
For Famoco :
T./ +33 6 19 93 58 32