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A New Company Profile of Ingenico Payment Services Details Online Payment Solutions Offering, Coverage and Recent Growth
Ingenico Payment Services manages online and mobile payments worldwide. The company was created on the basis of Belgium-based online payments company Ogone, which Ingenico Group acquired in 2013. In addition to Ogone, Ingenico Payment Services has incorporated a number of other payment companies. The latest acquisition by Ingenico Group in 2014 was GlobalCollect, a major European online payment service provider with a global reach. The deal, worth over EUR 800 million, is expected to fortify the revenue growth of Ingenico's payment services division and expand its E-Commerce payments services capability, coverage and merchant base. Prior to the acquisition, Ogone alone was capable of generating double-digit revenues in millions of Euros for Ingenico Payment Services, with strong growth in recent years.
Apart from acquisitions, the company has been expanding through partnerships with E-Commerce solutions developers and payment methods providers. In March 2015 it cooperated with a major omnichannel commerce platform to enable merchants using the platform to gain access to its payment services.
Ingenico Payment Services has an international reach across all major regions of the globe, with an emphasis on Europe. The payment methods supported by the company vary by country and region. In general they include major international payment cards, such as Visa, MasterCard, JCB and others, along with online banking, E-Wallets, prepaid and gift cards and other alternative methods. A number of local methods are supported, such as Giropay in Germany and iDEAL in the Netherlands.
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