CardConnect, a provider of payment processing services, has selected Ingenico as its EMV chip-based payment acceptance technology and point-to-point encryption (P2PE) co-development partner to serve 50,000 merchant customers across the US.
Under the partnership, CardConnect is leveraging the entire value chain of Ingenico’s payment offerings from EMV- and NFC-ready payment devices to On-Guard data encryption solution.
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The all-integrated payment processing services will allow merchants to secure cardholder data as well as conveniently accept all payment means across multiple channels such as in-store, mobile, and unattended transactions.
Ingenico North America president, Thierry Denis, said that the company is excited to join forces with CardConnect in bringing its P2P data encryption and EMV-ready payment solutions to their vast merchant customer base.
"Our market proven solutions will enable CardConnect to expand quickly into new business channels by providing merchants with secure payment processing services that fully meet their payment acceptance needs, today and tomorrow," Denis added.
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