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Secure Transactions News

Ingenico renews North-European partnership with Nets

Thursday 1 December 2011

The agreement is based around Ingenico’s Telium2 range of terminals ensuring all merchant categories be they large retailers, small merchants or mobile enterprises have the latest high security products on the market with full color customer interface and contactless/NFC capability. The deal also incorporates a new service partnership between the two organizations.

Recently, Ingenico’s rival VeriFone has signed an agreement to acquire Point, the Northern Europe’s largest provider of payment and gateway services and solutions for retailers (cf. Smart Insights Weekly #11-47).

Also, easycash Loyalty Solutions (ecLS), an Ingenico company, is taking over the processing for LaSer. ecLS, the customer loyalty specialist based in Hamburg, Germany, will use its systems to process the international open and closed-loop prepaid cards of LaSer. LaSer, a French company, is a European provider in the field of customer relationship management. Its cooperation with ecLS began with an initial pilot in three countries in December 2010. This partnership represents a further step towards the internationalization of the ecLS business model.

Within the framework of this cooperation, ecLS makes its systems available to LaSer. While the French partner supports customers and carries out the card issuing and administration, ecLS is responsible for the processing of the payment procedures. All international transactions by LaSer customers are processed in the ecLS data centers.

Equally owned by the Galeries Lafayette Group and BNP Paribas Personal Finance, LaSer is the number one proprietary card company in Europe with 20 million cards as well as the number one provider of loyalty programs in France. Present in several countries, the Group's customers include a multitude of international companies such as BP, Modelo Continente, AS Watson, Game, The co-operative, Woolworths SA, ICI Paris XL and Galeries Lafayette.