Seamless payment company Ingenico Group announced earlier this week that it had entered into negotiations to acquire 100 percent of the share capital of GlobalCollect from its existing shareholders. According to an Ingenico press release, GlobalCollect developed a recognized payment expertise to enable most recognized brands to sell their products on line across the globe.
Ingenico CEO Philippe Lazare said in a statement that the acquisition will help his organization accelerate the implementation of its strategy across all channels and on a global scale – particularly in payment services and mobile payment.
“This is a great opportunity to maintain our time-to-market advantage to rapidly reinforce Ingenico Group’s position as a global leader in seamless payment,” Lazare said. “As an example, it would be a real game changer in North America where we would provide payment solutions across all sales channels, beyond smart terminals.”
GlobalCollect CEO Tom Staudt agreed, and called the planned acquisition a “perfect fit.” Staudt added that combining his organization’s global cross-border payment processing with Ingenico’s multi-channel services will create great opportunities for their clients. This will be done by reducing the payment complexity across all channels and by providing more payment alternatives to increase sale opportunities.
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