It can handle all transactions from credit, debit and charge cards, along with loyalty and pre-payment, on magnetic stripe or smart cards. When combined with our Estate Management System, retailers have a powerful, flexible, reliable and cost-effective solution at their fingertips. For merchants who used PC based cash registers we are developing software to enable direct access to their Bank for authorisations and payment processing, removing the need for extra hardware. The transition to chip Cards drive our business. We will lead the drive to adopt smart cards in the UK and in other markets where magnetic cards are still prevalent.
Security remains a key issue for cardholders.
The adoption of smart cards for payment dramatically reduces the possibility of fraud, whether in a shop or over the Internet. We recognise PIN as a key technology for security of payments and have a dedicated team developing products for the entire Ingenico Group. Wherever you are Internet shopping is increasing rapidly, even if you believe just half the hype, and with growing consumer confidence this will continue. Our secure Internet payment solutions provide confidence for both consumers and merchants that payments can be made safely. We are developing Secure Access Devices for PCs, Back Office Systems, Network Access Systems and Mobile Commerce Solutions.