Leading Global POS Solutions and Payment Provider Targets Offerings for Savvy Shoppers

Ingenico Launches New PayPal Payment Solution, Expanding Consumer Payment Choices in the USA

Atlanta, GA -- January 17, 2012. Ingenico (Euronext: FR0000125346 - ING), the leading worldwide provider of payment solutions, today announced its partnership with PayPal which will enable merchants with Ingenico POS devices to accept PayPal payment options. This business relationship will make it easier for millions of PayPal customers to use their accounts in retail stores.

Today’s savvy shoppers want the option to choose how they pay for goods and are agile enough to easily switch between multi-shopping platforms. Our goal, as one of the key POS device and solutions providers, is to equip merchants with a versatile secure platform capable of accepting and handling diverse forms of payment,” said Thierry Denis, president of Ingenico North America. “By working with PayPal to bring their payment solutions to offline retail, we will naturally empower both the merchant, by providing a better way to connect with its shoppers to generate incremental sales, and the shoppers by adding speed and convenience at the checkout combined with expanded payment options. This relationship enables us to offer the most advanced solution for today’s practical shopper.”

 

PayPal’s vision for the future of shopping includes people making purchases anytime, anywhere and over any device. Ingenico is helping PayPal realize this vision by putting PayPal in stores and at the point of sale,” said Don Kingsborough, vice president of retail and pre-paid products. “Millions of PayPal users will soon have several innovative ways to make purchases at many of their favorite retailers, including using Ingenico terminals to swipe their PayPal payment cards or to enter the mobile phone number and pin associated with their PayPal accounts.”

Ingenico has already begun to integrate PayPal’s payment card solution into its legacy Unicapt32 platform POS devices as well as its entire new generation of Telium 2 series POS devices. Given the vast installed base of Ingenico’s devices in the United States, the company will integrate and support PayPal on both of its platforms. The integration will allow merchants with Ingenico’s i6xx series and iSc250/iSC350 devices to accept both PayPal’s payment card and its alternative mobile phone number & PIN payment solutions