INGENICO continues to expand in Latin America

PARIS, Oct. 24, 2013 (GLOBE NEWSWIRE) --

Ingenico continues to expand in Latin America Ingenico deploys its innovative biometric solution to Carvajal Tecnología y Servicios Ingenico (Euronext: FR0000125346 - ING), the leading worldwide provider of payment solutions, and Carvajal Tecnología y Servicios, one of the most important players in the electronic payment industry in Latin America, today announced a partnership for the deployment of Ingenico's Biometric solution in Colombia and the Dominican Republic. Ingenico has been selected by Carvajal Tecnología y Servicios to provide new biometric payment device (iWB 220), for a pioneering project, to bring financial support to several low-income families. Upon government approval for each of the applications, funds will be sent to the banks and through the use of these unique devices, beneficiaries can withdraw their funds, with the use of a fingertip. "Biometric technology takes the payment process to a superior level of security for both sides. Approved family members are the only ones able to withdraw the funds, and the government is assured that the benefit is being paid to the right person," commented Carlos Manuel Pérez, Carvajal Tecnología y Servicios' CEO. This solution is a unique Biometric point of sale, and the only one available in the market that complies with the Image Quality Specifications for single finger capture device defined by the FBI, the United States Federal Bureau of Investigation. In addition to the highest security standards, the solution provided by Ingenico to Carvajal Tecnología y Servicios is a mobile device with an embedded Magstripe, as well as Chip & PIN readers, delivering the most complete equipment available from the electronic payment industry. "We are proud to contribute to the success of these financial projects that have been ramping up in Latin America over the last months", commented Marcus Vendruscolo, Marketing Director for Ingenico Latin America. "Ingenico's state- of-the-art Biometric Solution ensure the highest quality of authentication solutions that are required in various projects such as branchless banking, micro-financing, law enforcement or ID control". About Carvajal Tecnología y Servicios Carvajal Tecnología y Servicios understand the value chain of their customers in Latin America and transform their performance trough integrated business outsourcing processes and information technology. Has a presence in 14 countries in Latin America and leads the ranking as top 1 in Colombia and top 20 in LATAM. More information on | | PRESS CONTACT Juan Pablo Llano Marketing Director Carvajal Tecnología y Servicios 57 (1) 4106766 Ext. 18400 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 | INGENICO - Corporate Communication Ingenico Latin America Mathilde Ordas Marcus Vendrúscolo External Communication Manager Marketing Director +33. + 1 (305) 671.6264 INGENICO: [HUG#1737713] Source: INGENICO