| Press release |
Paris, November 28, 2016
Ingenico Group, Oberthur Technologies and Vodafone join forces to revolutionize payment terminal connectivity with Ingenico Connectivity/Manager
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, and Vodafone announced that they have been collaborating to define a disruptive connectivity management solution based on embedded Universal Integrated Circuit Card (eUICC). This partnership brings together the best of their know-how to revolutionize payment terminal connectivity in an agile way.
By joining forces, Ingenico, Vodafone and OT will make the remote management of payment terminals' cellular connectivity a reality thanks to Connectivity/Manager. This tripartite solution leverages OT's eUICC and remote subscription management solution, Ingenico's smart terminals as well as Vodafone's global IoT communications platform, and eliminates all logistic constraints toward SIM management. Enabling both the remote installation and management of operator profiles, it will dramatically improve operational efficiency, and also enhance merchants' experience with better connectivity and ready-to-use payment terminal. This pioneering solution will provide unequalled quality of service and increase opportunities for acquirers & estate owners around the globe.
"We are delighted to work with Ingenico and Vodafone to optimize global connectivity management of POS during their entire lifespan. Our solution will also simplify the worldwide distribution of the POS and enable Ingenico to deliver an improved connectivity service to acquirers and merchants thanks to primary connectivity and back-up subscriptions hosted in the same eUICC. This will increase the transaction success rate by avoiding transaction failures related to temporary loss of connectivity" said Pierre Barrial, Managing Director of the Connected Device Makers activity at OT. "This is a strategic project for us, in line with our ambition to provide our OEM and MNO customers with the best solution to manage connectivity in a secure and flexible way across the variety of devices and equipment that constitute the Internet of Things."
"Ecosystems and partnerships are going to be critical in the continued success of IoT and I believe that this relationship will prove to be a powerful and successful one for the POS industry," highlighted Vodafone head of IoT Ivo Rook.
"This solution will dramatically change the way terminals estate owners manage connectivity. Nowadays, ensuring a merchant's payment terminal is operational accounts for up to 17% of the overall terminal TCO. With this new solution, the payment terminal will embed a SIM that can be set and updated over-the-air. Thus estates will be managed more efficiently. Field services around SIM card logistics will become redundant, which will save estate owners time and costs while simplifying merchants' set-up," explained Jacques Guérin, EVP Smart terminals for Ingenico Group.
To discover the Connectivity/Manager, you can either visit us at Trustech on booth E011 in the Lérins Rotunda, where a demo will be available from 29 November to 1 December or attend Sylvain De Sa Costa's pitching session, entitled Hassle-Free Connectivity to Reduce TCO and Increase Merchants' Satisfaction, on Trustech main stage on 29 November at 11:40 am:
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.
About Oberthur Technologies
OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay.
OT is strategically positioned in high growth markets and offers embedded security software solutions for "end-point" devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.
OT employs over 6 500 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT's international network serves clients in 169 countries. For more information: www.oberthur.com
Vodafone is one of the world's largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 52 more, and fixed broadband operations in 17 markets. As of 30 September 2016, Vodafone had 470 million mobile customers and 14 million fixed broadband customers. For more information, please visit: www.vodafone.com
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Source: INGENICO via Globenewswire