Ingenico IPP350 Is Excellent

Ingenico press release in Ratingen, 7 March 2013 Ingenico (Euronext: FR0000125346 ING), a leading provider of payment solutions worldwide, on January 22, 2013 in Berlin 2nd place in the category of projects of Terminal competition contactless payment by the German Sparkassen – und Giroverband (DSGV) scored. The certified Ingenico payment traffic Terminal iPP350 has proven with leading retailers in more than 800 installations. Viatris has much experience in this field. “Nationwide dissemination of contactless mobile payment solution for the category projects” could all participants apply, which could prove at least 50 Terminal implementations with active girogo functionality in the market until June 30, 2012. This policy aimed to promote the advantages of contactless mobile payment solution, to emphasize speed and comfort, and the payment system known as girogo throughout Germany.

Total 877 terminals with enabled girogo could be installed during the competition period. The awards from the DSGV device iPP350 approved for all card-based payment procedures which are relevant to Germany. It has a card reader for chip, magnetic stripe and contactless cards. An NFC reader is located in the area of the color displays and can handle all known contactless methods. The iPP350 is designed as a basic terminal for the cash connection, thus it is operated primarily in the multi-lane retail, retail with multiple cash desks. This is the document printing on the cash register. Thanks to its equally robust yet compact design, integration into taxi systems represents another growing application area. The projects by an expert jury, consisting of industry experts like Wolfgang Adamiok, Director of the Department of payment and card strategy of the German of savings bank and Giro Association, Stefan Genth, Chief Executive of the main Association of German retailers (HDE) and Horst Ruter, head of research division payment systems and member of the Executive Board of the EHI retail Institute (EUI) were evaluated.