Ingenico secures €150 million in fresh capital

Ingenico, a major player in payment hardware and software used by millions of merchants worldwide, has secured €150 million in fresh capital. While this news sounds like a purely financial corporate move, it has direct implications for the checkout experience in your store. This investment is specifically aimed at accelerating the company's shift toward 'Payments-as-a-Service.' For retailers, this means the card terminals on your counter are evolving into much more than just card readers. The new funding will speed up the rollout of Ingenico’s Android-based terminal operating system. These next-generation devices are designed to handle complex consumer financing options right at the point of sale. Instead of just swiping a card, these terminals make it easier to integrate Buy Now, Pay Later (BNPL) providers and instant credit applications directly into the device interface. This capital injection ensures that Ingenico can continue to compete with fintech giants, providing local brick-and-mortar shops with the same sophisticated financing tools that online retailers have used to drive up average order values. If you use Ingenico hardware, expect a push toward more integrated software features that allow you to offer flexible payment terms without needing a separate tablet or computer at the register.

Source: Finextra — Lending

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