|Paris, February 22, 2017|
Ingenico Group finalizes the acquisition of TechProcess
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, announced today it has completed the acquisition of 100% of TechProcess Payment Services Ltd, a leading Indian online and mobile payments provider from its current shareholders (major global and Indian investors).
This acquisition strengthens Ingenico Group's position in India, where it is the leader on the terminal market with c.50% market shares and a player in online payments through EBS, an Ingenico ePayments entity.
About Ingenico Group
Ingenico Group (Euronext: FR0000125346 - ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world's largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world's best known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise.
Learn more at www.ingenico.com twitter.com/ingenico
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