Credit/Debit Cards, Payment technology

Credit Agricole chooses Ingenico for contactless, mobile payment rollout

Credit AgricoleCredit Agricole announced last week that it has chosen Ingenico to help the bank roll out new mobile and contactless payment terminals to merchant-clients of Regional Banks and LCL networks.

The bank is the first French group to offer Ingenico’s iWL250 3G mobile payment terminal, which provides a comprehensive solution for mobility, communication and operating cost optimization.

“Ingenico is very much in tune with behavioral developments related to new payment methods,” David Gebhardt, the managing director of Ingenico France, said. “We support these changes by offering comprehensive secure solutions that combine payment terminals and dedicated applications. Our 3G offering met Crédit Agricole’s expectations: it is a solution that goes above and beyond traditional payment scenarios.”

Credit Agricole, which has over 300,000 terminals, plans to increase its offering of mobile payment services—a development source for many of its clients. The partnership is a collaborative effort between Ingenico engineers and Credit Agricole specialists.

“Combining mobility, availability, usability and security, the iWL250 is the solution we wanted to offer our merchant clients,” Yves Perrachon, the director of operations for payments and cards at Credit Agricole, said. “Contactless technology enhances the payment experience and adapts to new types of consumer behavior.”

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