Ingenico Partners With Top U.S. Processor On EMV, NFC Payments

Ingenico is partnering with Vantiv to accelerate EMV acceptance in the United States. 

Vantiv, which brings in more than $1 billion in annual revenues, will be providing Ingenico’s Telium series point-of-sale (POS) products to its financial institution and merchant customers in the U.S., according to an official statement from both companies.

“In the U.S., the current dynamic changes in the payments ecosystem incites us to take a proactive approach,” said said Bill Weingart, Chief Product Officer at Vantiv. “We are prepared to arm financial institutions and merchants with POS devices that are ready and capable to accept any type of transactions that their business demands today and in the future. Ingenico and its latest generation Telium range POS products represent exactly the class of innovative, secure and comprehensive solutions that our customers are counting on Vantiv to provide.”

Ingenico’s global footprint includes 17 million terminals, including 14 million EMV-capable units, according to Thierry Denis, Ingenico North America president.