Ingenico Group launches first Open Payment fare system in Italy for Trenord railways

Ingenico Group launches first Open Payment fare system in Italy for Trenord railways

ID: 549002

(Thomson Reuters ONE) -


Press Release

Paris,
 June 21, 2017



Ingenico Group launches first Open Payment fare system in Italy for Trenord
railways

Ingenico Group (Euronext: FR0000125346-ING), the global leader in seamless
payment, today announced the successful implementation of the first Open Payment
system in Italy on the Malpensa Express shuttle line, and its selection as
preferred payment partner by Lombardy's rail operator Trenord.

The Lombard railway company, which owns 2300 trains connecting everyday Milan to
the main towns of the region, wished to offer a seamless journey to its
customers using the Malpensa Express for business or leisure. This entailed
creating a faster access flow and making ticket purchase easier. It was also
looking to increase the number of payment methods accepted on this service and
reduce fare evasion. Ingenico was Trenord's preferred supplier of secure payment
terminals for on-board ticketing and an active promoter of Open Payment on the
Italian market through the Italian transport associations. This, combined with
the world-class reliability of Ingenico's hardware and the Group's strong
reputation in designing innovative payment solutions, qualified Ingenico for the
roll-out of the advanced Malpensa Express ticketless system.

Ingenico's solution includes hardware, software, consultancy and maintenance
services. A secure, unattended, contactless/NFC payment module, the iUC180B, was
integrated into turnstiles. Providing fare payment at the gate, it removes the
need to wait in line at ticket counters or vending machines, and thus improves
consumer satisfaction. While fulfilling EMV standards, it provides easy and
swift payment acceptance for the rides. The token, non-sensitive data referring
to each payment card, is at the core of this fully secured system. It enables




Trenord to identify its customers and, as a result, allows for the use of
contactless bank cards or mobile wallets in place of paper tickets.

This achievement was made possible through collaboration with partners, in the
fields of IT, security, processing and acquiring.

'We are delighted with the completion of the first Open Payment fare system in
Italy. This project illustrates Ingenico's ability to deliver seamless payment
solutions for transport operators like Trenord,' said Luciano Cavazzana, SVP
EMEA - Banks & Acquirers Business Unit, Ingenico Group. 'We are looking forward
to continued collaboration with Trenord as preferred payment partner.'





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.

Stay in touch with us:
www.ingenico.com          twitter.com/ingenico

For more experts' views, visit our blog.



Contact

Communication
Coba Taillefer
External Communications Manager
coba.taillefer(at)ingenico.com
T./ +33 1 58 01 89 62



trenord eng:
http://hugin.info/143483/R/2114650/804578.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: INGENICO via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 21.06.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 549002
Anzahl Zeichen: 4408

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Business News



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