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Ingenico and Tagattitude partner in Mobile Money to boost financial inclusion in Africa

Ingenico (Euronext: FR0000125346 - ING), leading worldwide provider of payment solutions announces strategic partnership with Tagattitude, leading mobile money software vendor, to deliver mobile money solutions in Africa.

This partnership is designed to address the specific mobile money demands of the continent with the objective to establish secured electronic transaction infrastructure which will drive financial inclusion in Africa.

Tagattitude's mobile money platform, TagPay, supports a full range of financial services such as account management, money transfer, retail transactions, airtime, payroll services, e-commerce, bill payments, gift vouchers and more. Combining Ingenico's leading experience in the payment industry with Tagattitude's complete and adaptable mobile money platform, it is now possible for banks, telcos, Payment Service Providers, or other financial institutions to transform any customer's phone into a secure transaction tool.

Jacques Behr, EVP EMEA, Ingenico, commented: "Ingenico is delighted to partner with Tagattitude to develop mobile money services in Africa and to contribute to the economic growth of the region and the development of emerging countries. This partnership reflects our strategy in supporting financial inclusion initiatives and delivering effective value added services to banks and merchants."

Ingenico's commercial partnership with Tagattitude is bolstered by a technical integration allowing mobile payment and branchless banking transactions to be carried out securely and conveniently between a customer's phone and a merchant's Ingenico terminal.

"We are thrilled to have the trust and support of Ingenico. Tagattitude has been focused on the African mobile money market from the start. TagPay is already being used by mobile money services over 20 countries. This new partnership with Ingenico will strengthen TagPay's position as the leading mobile money platform. Ingenico's market leadership will enable us to accelerate the financial inclusion of all populations equipped with mobile phones." stated Hervé Manceron, COO, Tagattitude.

About Ingenico (Euronext: FR0000125346 - ING)
Ingenico is a leading provider of payment solutions, with over 20 million terminals deployed in more than 125 countries. Its 4,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue.

About Tagattitude
Tagattitude specializes in MOBILE MONEY. Tagattitude has developed the TagPay mobile money platform, a state-of-the-art brandable platform enabling the fullest range of mobile money services on the market. This platform is used by 20+ mobile money services worldwide and supports each facet of their ecosystem.

Lundi 16 Septembre 2013

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