Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, today announced that its omnichannel payment gateway, Axis, received the Bancomat certification. This guarantees the proper management of all payment cards including the domestic card Pagobancomat and makes it the first nexo gateway able to operate in the Italian market.
With over 53 million PagoBancomat cards in circulation in Italy in 2018 performing more than 2 billion transactions, accepting these through the domestic network is crucial for merchants. Retailers adopting Ingenico’s payment gateway will be able to accept PagoBancomat cards, which represent 56% of all active Italian payment cards, in addition to international brands. Besides local acquiring, Axis will offer them the benefits of a nexo solution – i.e. a fully secured, future-proof payment platform, meeting international standards – and enable them to streamline their payment acceptance solution across their network, in Italy and abroad.
This important milestone for Ingenico’s omnichannel payment gateway illustrates Ingenico’s commitment to accompanying retailers, wherever they are, taking into account local specificities.
This achievement further demonstrates Ingenico Group’s determination to accept an ever-broader range of payment methods, be they domestic, alternative or international. Thanks to the compliance with nexo protocols, retailers can now deploy the same solution in several countries and connect to international or local acquirers.’ said Stéphane Jacquis, Senior Vice-President, Product/Enterprise Retail at Ingenico Group. ‘Ingenico Group is the only nexo payment platform provider to achieve the Bancomat certification to date.’
We are proud of getting our Axis payment gateway Bancomat certified.’ explained Cristiano Viganò, Managing Director at Ingenico Italia. ‘Our payment gateway is the right solution for Italian retailers with ambitious growth targets in Italy and abroad. We are already working with several retailers to launch the solution in the first quarter 2019.’
(*) nexo standards have been developed by an open, global association dedicated to removing the barriers present in today’s fragmented global card payment acceptance ecosystem. Headquartered in Brussels, its members represent the full spectrum of card payments stakeholders, including acceptors, processors, card schemes, payment service providers and vendors.