Ingenico
Encyclopedia
Ingenico S.A.
S.A. (corporation)
S.A. designates a particular type of corporation in various countries, mostly those employing the civil law. It originated in Spain during the 16th century. Depending on language, the abbreviation stands for various phrases meaning anonymous society, anonymous company, anonymous partnership, or...

  is a worldwide company
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...

, whose business is to provide the technology involved in secure electronic transactions
Electronic funds transfer
Electronic funds transfer is the electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems....

. Its traditional business is based around the manufacture of point of sale
Point of sale
Point of sale or checkout is the location where a transaction occurs...

 payment terminals, but it now also includes complete payment solutions and related services.

It was founded in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 by Jean-Jacques Poutrel and Michel Malhouitre in 1980. It continues to be based in France with its headquarters in Neuilly-sur-Seine
Neuilly-sur-Seine
Neuilly-sur-Seine is a commune in the western suburbs of Paris, France. It is located from the center of Paris.Although Neuilly is technically a suburb of Paris, it is immediately adjacent to the city and directly extends it. The area is composed of mostly wealthy, select residential...

.

In 2008, after the merging with SAGEM Sécurité, Ingenico decided to close its historical R&D centre in Barcelona
Barcelona
Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

. This centre has developed Ingenico's most successful family of EFTPOS (Electronic funds transfer point of sale). More than three million units sold worldwide in 2007.

In 2009, Ingenico partnered with its two largest competitors, Hypercom and VeriFone
VeriFone
VeriFone is a company that makes point-of-sale equipment. It was founded and incorporated in Hawaii in 1981, and named itself after its first product, the name standing for Verification telephone....

, to found the Secure POS Vendor Alliance, a non-profit organization whose goal is to increase awareness of and improve payment industry security.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK