Pivotal Payments selects Ingenico to launch its FlexPoint integrated POS solutions in Canada

MONTREAL, April 10, 2014 /CNW Telbec/ - Pivotal Payments, a leading provider of merchant services and global payment processing solutions and Ingenico (Euronext: FR0000125346 - ING), a leading worldwide provider of payment solutions, today announced that Pivotal Payments has successfully certified its proprietary FlexPoint^TM integrated software to the Ingenico Telium iCT series terminals for its Canadian processing platform. FlexPoint allows Pivotal Payments to better adapt to emerging payment trends and will provide merchants with a faster and cost-effective solution to integrate their payment systems.

Ingenico's Telium line was chosen based on its reliability, security and performance. The point of sale terminals are compatible with chip and PIN EMV cards, are NFC-enabled to accept contactless payments, and powered by FlexPoint, are designed to seamlessly receive software updates to minimize business downtime.

For merchants and integrators, FlexPoint can help reduce point of sale integrations from several months to days. The software also allows Pivotal Payments' clients to quickly react to new payment standards and provides added flexibility through third party integration. It is hailed as a future-proof, developer-friendly platform that features a simple, open API for integrating into third party applications. A firewall between FlexPoint and the core payment application ensures a highly secure implementation.

"Our strategic partnership with Ingenico gives us the ability to meet the rapidly evolving technology needs of our clients," said Philip Fayer, president and CEO of Pivotal Payments. "By certifying Ingenico's terminals to run FlexPoint in Canada, we're showing our commitment to supplying our merchants and partners with one of the most innovative hardware and software combinations presently available."

"We're excited to partner with a company that shares our vision for innovation and furthering advancements in the Canadian payments industry," said David Chaudhari, managing director of Ingenico Canada. "Merchants can be confident in selecting our market-proven payment solutions along with Pivotal Payments' FlexPoint software to help them with their payment acceptance needs, now and well into the future."

Ingenico was recently selected as highest ranked POS terminal vendor by market research and market intelligence firm ABI Research.

About Ingenico (ING)

Ingenico (Euronext: FR0000125346 – ING) is a leading provider of payment solutions, with over 20 million terminals deployed in more than 125 countries. Its 4,500 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sale revenue. For more information, follow us on @IngenicoNA and visit www.ingenico.us.

About Pivotal Payments

Pivotal Payments is a leading provider of merchant services and global payment processing solutions. The company provides to point of sale, online and mobile merchants a variety of services such as debit and credit card processing, electronic check conversion, merchant cash advance programs, business discounts, loyalty/gift card programs and terminal management solutions. Pivotal Payments offers these services to small and mid-sized retail businesses, e-commerce, m-commerce and other card not present merchants, chain stores, franchises, restaurants and dealerships. Processing over US $12 billion in annual bankcard sales volume, Pivotal Payments serves more than 70,000 customers. To learn more, visit http://www.pivotalpayments.com

SOURCE: Pivotal Payments

Louis Georgakakis, Pivotal Payments, 1 866 693-2000 x8001, [email protected] ; Svy Nekrasas, Ingenico, North America, [email protected] , Tel: [phone]