Ingenico Group (Euronext: FR0000125346 - ING), the world leader in seamless payment, today announced that it has obtained certification for its solution comprised of the Lane/5000 terminal and the centralized payment services gateway Axis, based on the latest nexo specifications available. Ingenico thus remains the only provider of payment solutions for organized commerce, certified according to nexo standards.
This certification illustrates the Group’s many years’ long investment in the development of nexo standards, and the compliance and deployment of its solutions on the market.
Nexo standards were developed by the industry to meet the needs of the international card payment market, particularly in Europe. The standards make it possible for merchants with business in several countries to deploy uniform and interoperable acceptance solutions in all countries concerned, and streamline banking relations and checkout solutions. Thanks to more agile acceptance solutions, merchants can benefit from cost reduction for projects deployment and operating expenses.
Nexo standards are now at the heart of solutions and services deployed by Ingenico for its European clients in the organized commerce sector. In 2017, hundreds of millions of transactions based on nexo solutions were processed by Ingenico in five countries. This not only demonstrates the reliability of the solution and standards but also gives evidence that they perfectly meet merchant needs.
After a period of several years necessary to understand and master these new standards, we have detected an increased market interest for centralized payment solutions based on nexo standards,” declared Stéphane Jacquis, Enterprise Product & Marketing Director for Ingenico's Retail Division. “This validates our strategy to invest in these new standards. The certification, which concerns our latest generation of Tetra terminals, confirms Ingenico’s head start in providing advanced, scalable solutions designed for our merchant clients”