SOURCE: Ingenico
Jan 12, 2010 12:00 ET
Ingenico and Orpak Agree to Partner to Sell New Outdoor Payment Terminal for Enhanced Security at Unattended Gasoline Stations & Convenience Stores
ATLANTA, GA--(Marketwire - January 12, 2010) - Ingenico, the leading provider of payment solutions, and Orpak Systems Ltd., the leading provider of end-to-end solutions for the automation of fuel stations, announced today a partnership to distribute an affordable and secure unattended outdoor payment terminal for petro merchants and unattended retail operations.
Orpak will provide the terminal using Ingenico's secure operating system, making it one of the most protected and cost-effective ruggedized payment devices available today. Ingenico is the preferred distributor for the new terminal across North America.
Responding to the rising costs of fraud and the demand for a higher degree of transaction security, payment card companies are pushing North American gas station and convenience store owners to adopt PCI-PED-approved and EMV-capable unattended payment terminals.
"Orpak is an excellent partner for a specialized terminal for petro merchants because of its deep expertise in the global petro industry. It has over 40,000 terminals installed in more than 30 countries," said Christopher Justice, President of Ingenico, North America. "With gas prices on the rise and shrinking consumer spending, petro merchants are continually operating in a very competitive environment, trying to earn and sustain customer loyalty. They absolutely need the same kind of speed, accuracy and customer experience at the pump that we already deliver inside their convenience stores. By working with Orpak, we can help merchants meet customers' demand for a secure alternative to current legacy systems."
"We are delighted to partner with Ingenico, who is both the number one provider to U.S. retailers and the number one supplier for Canada," said Shlomo Slotwiner, President of Orpak USA. "By combining Ingenico's state-of-the-art security systems with our pay at the pump technology, we will create a market-beating solution for gas stations across the region. What's more, this agreement has unlimited potential for other unattended payment installations such as ticketing kiosks, retail and quick service restaurant drive-thrus, and paid parking lots -- wherever retailers need to be available to customers around the clock in an outdoor environment."
The first new terminal to be delivered, according to this agreement, the i9780UPT, accepts EMV, contactless and magnetic swipe cards and easily integrates into current fuel pump configurations. Using tripleDES technology, these are the most secure devices available and are certified for the latest payment security standards: EMV L1 & L2 and PCI-PED approved.
Major benefits:
-- Reduce risk of PCI-compliance fines and penalties
-- Reduce brand damage associated with security violations
-- Improved deployment of services to the pump and increased functionality of the device
-- Complements the enterprise solution as the same application runs in the store and on the pump
-- Front loading paper eliminates vulnerabilities
The co-branded petro payment terminals are flexible and available in modular forms to allow for a variety of installation options either in the pump dispenser, next to the dispenser, or in standalone mode. The payment terminal will provide a cost-effective alternative solution to existing pay at the pump payment and other open-air retail options.
"Feedback from current evaluations at several leading retailers has been positive," Justice said, noting that petroleum and retail customers are remaining focused on security mandates from the Card Associations.
About Ingenico (ING)
Ingenico (Euronext: FR0000125346 -- ING) is a leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 2,850 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 sales revenue. Ingenico generated pro-forma revenue of USD 1.2 billion in 2008. Ingenico is ISO-9001 certified. More information on www.ingenico.com.
About Orpak (ORPK)
Orpak develops, manufactures and markets end-to-end solutions for the automation of fuel stations and fleet management. Orpak is a market leader in automated refueling systems that incorporate fuel payment based on vehicle identification. Orpak's solutions integrate forecourt automation and management, convenience-store management systems, commercial and retail sales solutions, and fuel delivery systems. The Company's solutions are designed to benefit customers through enabling fuel savings, preventing fuel fraud, maximizing loyalty programs and providing other advanced services that increase profitability. Orpak has been ISO-9001 certified since 1995 and was admitted to (AIM: ORPK) in December 2005. More information on www.orpak.com.
Contacts:
Svy Nekrasas
Vice President of Marketing, North America
Tel: 678 456 1211
Gina von Esmarch
Voce Communications
Tel: 415 203 4660
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