Ingenico Group Sees 54 Percent YOY Growth in US Retail Segment #nrf16

With Significant New Retail Customers Including Crate & Barrel, Staples, Men's Wearhouse, Cabela's and Schnucks, the Company Sees 54 Percent Year-Over-Year Growth in 2015

NEW YORK, NY--(Marketwired - Jan 17, 2016) - At the annual NRF Conference & EXPO[1], Retail's BIG Show, in New York City, Ingenico Group[2] (Euronext: FR0000125346 - ING), the global leader in seamless payment, reported today that it achieved 54 percent year-over-year growth in the US retail segment in 2015, landing significant new customers including Crate & Barrel, Staples, Men's Wearhouse, Cabela's and Schnucks. Many of Ingenico Group's existing top-tier retail customers also purchased add-on products and services from the company throughout the year, thus contributing to its substantial growth within the retail segment.

The company's success in the US market has been driven by several factors:

  • Ingenico Group's deep experience with EMV and NFC/contactless technology, having led EMV and NFC transitions in dozens of other countries around the world
  • Growing recognition of the company's technology prowess, and of the strength of its security solutions in particular, including its point-to-point-encryption (P2PE) and semi-integrated offerings
  • The company's clear vision and strategic roadmap focused on delivering seamless solutions whatever the sales channel, to meet market demand for in-store, online, mobile and unattended payment acceptance 
  • The close relationships it has forged within the US payments ecosystem and key channel partners, including independent software vendors (ISVs), value-added resellers (VARs) and major acquirers

"Ingenico Group's ability to provide the most secure, flexible and proven solutions for US retailers as they transition to EMV has provided a huge boost to our US presence," said Thierry Denis, President, North America for Ingenico Group. "As multi-channel retailing takes hold in the US, we believe that our ability to provide integrated solutions across all customer touchpoints, as well as the strategic guidance on how to successfully implement these new technologies, will help drive double-digit growth for us in 2016 as well."

Earlier in the year, the Nilson Report revealed that Ingenico Group increased its US market share by 10 percentage points to 27 percent in 2014. Based on its 2015 revenue growth, the company believes it has now secured an even larger share of the overall US market and has confirmed that the US is now the number one country in terms of revenue for Ingenico Group worldwide.

Retailers wanting to learn more about Ingenico Group's seamless payment solutions can visit the company during the annual NRF Conference & EXPO[3], Retail's BIG Show, taking place Jan. 17-20, 2016 in New York City (Booth 1743).

About Ingenico Group
Ingenico Group (Euronext: FR0000125346 - ING) is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile. With the world's largest payment acceptance network, we deliver secure payment solutions with a local, national and international scope. We are the trusted world-class partner for financial institutions and retailers, from small merchants to several of the world's best-known global brands. Our solutions enable merchants to simplify payment and deliver their brand promise. Learn more at www.ingenico.com[4] or twitter.com/Ingenico.

References

  1. ^ NRF Conference & EXPO (ctt.marketwire.com)
  2. ^ Ingenico Group (ctt.marketwire.com)
  3. ^ NRF Conference & EXPO (ctt.marketwire.com)
  4. ^ www.ingenico.com (ctt.marketwire.com)

 

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