INGENICO expands its presence in Mexico

PARIS, Oct. 10, 2013 (GLOBE NEWSWIRE) --

Ingenico extends its latest generation of mobile payment device for Elavon Ingenico (Euronext: FR0000125346 - ING), leading provider of payment solutions, announced an important agreement with Elavon, one of the world's most important players in the electronic payment industry, for the deployment of Ingenico s iWL220 wireless device for the Mexican market. Ingenico has been selected by Elavon to complete its extensive product portfolio, with a new line of wireless device. This solution was developed with the latest innovations in technology to further support the acceptance of bankcards while ensuring maximum security to cardholders. This solution has a comprehensive line of devices, from countertops (iCT220) to wireless (iWL220) and PIN Pads (iPP320), all equipped with state of the art technology and the industry's highest safety standards, which fully complement Elavon's offer to the Mexican market. "We are very pleased with this partnership that enables us to extend our footprint in Mexico", says Marcus Vendruscolo, Marketing Director for Ingenico Latin America. "This deal strengthens the global partnership Ingenico already has with Elavon in the other markets like US, Brazil and Europe. By electing our products, we realize that our customers are truly focused on providing the most reliable, innovative and secure device to Mexican merchants". About Ingenico (Euronext: FR0000125346 - ING) Ingenico is a leading provider of payment solutions, with over 20 million terminals deployed in more than 125 countries. Its 4.500 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on | and INGENICO - Corporate Communication Ingenico Latin America Mathilde Ordas Marcus Vendrúscolo ExternalCommunicationManager Marketing Director +33. + 1 (305) 671.6264 About Elavon Elavon ( Elavon's Global Acquiring Solutions organization is a wholly owned subdisiary of U.S. Bancorp (NYSE : USB) and provides end to end payment processing services to over 1.2 million merchants in the US, Europe, Canada, Mexico, Puerto Rico and Brazil. Elavon markets solutions including credit and debit card processing, dynamic currency conversion, multi currency support, and cross border acquiring through multiple alliance channels and tailors services to meet the needs of customers in small business, retail, hospitality/T&E, health care, education and the public sector. INGENICO: [HUG#1734628] Source: INGENICO