Ingenico strengthens global leadership team

Ingenico has overhauled its leadership team, appointing new heads for product, technology, revenue, and customer excellence. While executive reshuffles often seem like inside baseball, this matters for retailers because Ingenico is the primary hardware provider for most point-of-sale (POS) systems. These new leaders will dictate how your store's payment terminals evolve over the next three to five years. For the modern retailer, the payment terminal is no longer just a card swiper. It is the frontline for offering Buy Now, Pay Later (BNPL) and alternative consumer financing at the register. The appointment of Maria Parpou as Chief Product Officer is particularly notable. Her background in payments orchestration suggests Ingenico will likely focus on making it easier for merchants to integrate multiple lending partners directly onto their existing hardware without needing complex software upgrades. Operators should expect to see a faster rollout of 'smart' terminal features. This includes better user interfaces for customers applying for credit in-lane and more robust data security. The goal of this new team is clearly to transition Ingenico from a hardware vendor to a full-service commerce platform. For your business, this means your next terminal upgrade will likely come with more tools to drive high-ticket sales through integrated financing options.

Source: Finextra — Lending

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