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Ingenico Group and BANORTE deploy Telium Tetra solution in Mexico

Ingenico Group, the global leader in seamless payment, and Grupo Financiero Banorte, the second largest financial group and one of the main acquirers in Mexico, today announced the introduction of the Telium Tetra payment solution, a major step forward in Latin America.

This partnership with Banorte entails the deployment of Move/2500 terminals in Mexico as well as the provision of field services. Thanks to the Move/2500’s large spectrum of connectivity (3G, GPRS, dual SIM, Ethernet and modem), extended battery life and robustness, Banorte’s clients will enjoy guaranteed terminal availability and payment acceptance.

With the Move/2500, Banorte becomes the first bank in Mexico to bring an innovative payment acceptance solution to the local market, enabling new use cases such as cashless payment on delivery or payment at the table in restaurants. The terminal’s latest Telium Tetra OS meets the highest security requirements, embeds a payment application compatible with all cashless payment methods and presents a user-friendly interface. Rugged, the Move/2500 is IK04 certified. The design of its NFC reader placed on the printer provides enhanced consumer experience as the display is no longer hidden during tap & pay.

Moreover, the offer includes Ingenico’s Estate Manager a solution that provides a complete knowledge and full control of their estate remotely. The solution streamlines operations by enabling remote software deployment, fixes for technical issues and the heartbeat feature that allows and improves the estate’s profitability by tracking down terminals’ abnormal behaviours.

Ingenico’s offer also includes installation, field maintenance and repair, which will simplify Banorte’s operations.

Banorte can easily cover any demand from its customers with this solution. Ingenico Move/2500 is proving to be the best cost-benefit to our business, because it simplifies our logistics process. With one single terminal, we address both the traditional merchants’ in-store needs and nomadic payments, in compliance with the highest security standards,” commented Eduardo Vazquez Villegas, General Director of Operations at Banorte.

This deployment illustrates how Ingenico, with its multi-local approach, successfully developed a solution tailored to the Mexican market. This also demonstrates the relevance of our new Telium Tetra range.” said Fernando Alonso Morodo, Managing Director at Ingenico Mexico.

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