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COLUMBUS, Ga. & ATLANTA--(BUSINESS WIRE)--Jan 22, 2015--TSYS ® (NYSE:TSS), a leading global payments provider, and Ingenico Group (Euronext: FR0000125346-ING), global leader in seamless payments, today announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, including magnetic stripe, EMV ®, NFC and Apple Pay TM. TSYS is the first processor to Class A certify Ingenico Group’s new PCI 3.0-certified smart products — the iCT 220 Contactless and iPP310 PIN pad — thus providing merchants with front-line support for a complete end-to-end payment solution.
TSYS has developed a new payment application, INGEMV2, which will run on selected versions of Ingenico Group smart terminals. The combined TSYS and Ingenico Group offering will give businesses a complete solution for securely processing EMV, NFC and Apple Pay transactions, while providing advanced security features such as encryption and tokenization to guard against credit card fraud.
“Our relationship with Ingenico Group and its industry-leading expertise in EMV and NFC enabled TSYS to be among the first processors to be certified for Apple Pay,” said Craig Ludwig, senior director and head of product for TSYS' Merchant Services segment. “Our INGEMV2 payment application takes full advantage of the rich Ingenico POS feature set so that our mutual customers may take immediate advantage of Apple Pay and other contactless payment methods in a secure manner.”
“We’re pleased that TSYS was the first to Class A certify our new PCI 3.0 products,” said Bernie Frey, SVP Acquirer Sales, Ingenico Group North America. “These new products ideally position TSYS and Ingenico Group to address the unprecedented demand for field upgrades that EMV and Apple Pay are creating. This demonstrates a serious commitment to Ingenico Group payment solutions and gives TSYS customers access to the very latest in EMV and NFC technology. Together, we help merchants realize the value and security that EMV and NFC provide.”
At TSYS ® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief "People-Centered Payments ®." By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend ®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2013 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.
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. Learn more at www.ingenico.com or twitter.com/ingenico.
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CONTACT: TSYS Media Relations
Cyle Mims, +1-706-644-3110
TSYS Investor Relations
Shawn Roberts, +1-706-644-6081
Ingenico Group North America
Kaitlin Ambrogio, +1-857-254-2413
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SOFTWARE SECURITY MOBILE/WIRELESS PROFESSIONAL SERVICES BANKING FINANCE RETAIL OTHER RETAIL
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PUB: 01/22/2015 09:00 AM/DISC: 01/22/2015 09:00 AM
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