Ingenico and Moneris Deepen Long-Term Strategic Partnership in Canada with Expansion of Mobile Point-of-Sale Portfolio

July 31, 2014 Moneris

Moneris partners with Ingenico Group to deploy PAYD™ PRO, Canada’s first mobile EMV, Chip and PIN and contactless payment solution.

Ingenico Group (Euronext: FR0000125346-ING), a global leader in seamless payment, announced today that Moneris Solutions Corporation (“Moneris”), Canada’s largest credit and debit card processor, has selected Ingenico to deploy Canada’s first EMV® and contactless mobile solution. Ingenico strengthens its 15-year relationship with Moneris, following the successful deployment of Ingenico’s Telium 2 range of products across Moneris’ national network in the first half of 2014.

With the evolution of the enhanced Telium 2 line, alongside Ingenico Group’s strong local customer support network, Moneris recently completed its offering with an mPOS solution for on-the-go merchants, combining its own applications with Ingenico Group’s EMV-ready and contactless mobile POS solution. PAYD™ PRO, Moneris’ new mobile payment solution, allows merchants to use smartphones and tablets to accept both Interac® Debit and credit card payments via EMV® Chip & PIN, swipe and contactless acceptance technology.

The anytime, anywhere payment solution is currently available on the Apple® iOS® platform and will be available on Android in fall 2014.

We’re very pleased that Moneris has once again demonstrated their confidence in our payment solutions and that they have chosen us to introduce the first and only smartphone-based mPOS solution in Canada leveraging our new Ingenico Mobile Solutions brand.

David Chaudhari, Managing Director, Ingenico Canada

The demand for mPOS solutions is rising, and Moneris and Ingenico have teamed up to respond to what merchants require in today’s business environment. Since January 2013, Moneris has seen an average 10 per cent month-over-month growth in the adoption of mobile payments. With the recent addition of PAYD PRO, year-to-date mobile merchant growth has more than doubled, at 132 per cent.

PAYD PRO is the first payment solution in Canada to give businesses a simple and reliable solution to process EMV credit and debit transactions with tablets or smartphones. We have a long-term, trusted relationship with Ingenico Group, and rely on their expertise in developing mPOS solutions so that we can offer Canadian merchants, particularly small businesses, access to secure and innovative payment acceptance. Initial feedback on this joint solution is very positive and promising.

Rob Cameron, Chief Product and Marketing Officer, Moneris Solutions.

Merchants have underscored the benefits of PAYD PRO, the mPOS solution deployed by Ingenico and Moneris. Mike Bosch, a sports massage therapist (Athletic Kneads Sports Massage) states that his clients appreciate the contactless feature and how quickly the transaction is completed. Artisan Patrick Yeung (Patrick Yeung Ceramics) says he no longer has to lose out on sales via credit and debit when exhibiting his work at outdoor craft shows and festivals.

About Moneris Solutions 

As one of North America's largest providers of payment processing solutions, Moneris Solutions Corporation ("Moneris") offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

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 or twitter.com/Ingenico.

Press Contacts: 
Svy Nekrasas 
Ingenico North America 
678-456-1211 
svy.nekrasas@ingenico.com

For Moneris: 
Neetisha Seenundun 
MAVERICK 
416.640.5525 ext. 245 
neetishas@maverickpr.com

About the Author

Moneris

Moneris processes more than 3 billion credit and debit card transactions a year, for over 350,000 merchant locations across North America. We have over 1,300 dedicated employees who understand transaction processing and know how to make it work for you.

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