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Technology Stocks : Ingenico S.A

INGIY 29.26

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Dec 11 3:00 PM EDT

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From: JakeStraw	12/2/2014 10:25:02 AM
	of 48

GlobalCollect and UnionPay International Announce Worldwide Acquiring Partnership ingenico.com Deal connects top tier merchants to holders of 4.5 billion UnionPay cards GlobalCollect, an Ingenico Group company, and UnionPay International, a subsidiary of the fast growing global payment network China UnionPay, today unveiled a worldwide partnership that sees GlobalCollect become a worldwide acquirer for the UnionPay network. UnionPay is the number one international card brand in the world measured by the number of cards issued. With the agreement, GlobalCollect can now connect its client base of leading, international eCommerce companies with the holders of 4.5 billion UnionPay cards, creating access to rapidly growing eCommerce markets across Asia and beyond. Merchants offering their consumers to pay with UnionPay cards through GlobalCollect now benefit from faster boarding and implementation, full service processing and consolidated reporting. GlobalCollect processes UnionPay payments in over 90 authorization currencies worldwide.

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