- Press Releases 
Through this transaction, Ingenico reinforces its positioning on the Italian market, notably with banking, loyalty, petrol and retail. Ingenico Italia will thus become the largest independent company for POS related services.
TNET, founded in 1998, has been one of the first independent companies to provide on-site services to the electronic payment market. TNET manages an installed base of 45.000 terminals in Italy, and the number will reach 50.000 terminals within the coming months thanks to new contracts already signed.
Luciano Cavazzana, Managing Director of Ingenico Italia, will head the new entity, which will be integrated in the Operations department of Ingenico Italia. The terms of the transaction were not disclosed.