logo
Plus   Neg
Share
Email

Ingenico Group's Fully Managed IPhone-based Payment Solution Selected By Loewe

Ingenico Group, said that Loewe, the Spanish luxury retailer, has turned to Ingenico Group for a fully managed iPhone-based in-store mobile payment solution to be deployed across its pan-European and global retail network, starting in Milan (Italy) and Omotesando (Japan).

Ingenico Group said its payment solution will feature a fully secure mobile POS (iCMP) connected via Bluetooth with the sales assistants' iPhone. The terminal will also include an integrated suite of m-commerce management tools to customize receipts, issue refunds, export and analyze transaction data, and more.

In addition, Ingenico Group will also manage all the European transactions through its central gateway. This fully PCI DSS compliant solution will help Loewe control costs, providing end-to-end security in compliance with international payment regulations and standards.

"We are very pleased that Loewe has chosen our fully managed mobile payment solution to cover its retail network," said Pierre-Antoine Vacheron, EVP Europe-SEPA, Ingenico Group."

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Biogen Inc. are falling almost 28 percent in Thursday's trading after the company and Japanese drugmaker Eisai Co. said they will discontinue two late-stage trials for their experimental Alzheimer's drug, Aducanumab. The two Phase 3 trials, ENGAGE and EMERGE, are multi-center, randomized, double-blind, placebo-controlled, parallel-group studies designed to evaluate Aducanumab. The European Union on Wednesday ordered Alphabet Inc.'s Google to pay an antitrust fine of 1.49 billion euros for abusing its dominant position in the online search advertising intermediation market by preventing competition. This is the third antitrust fine by the EU against Google and it represents 1.29 percent of the tech giant's turnover in 2018. Shares of BMW Group declined around 5 percent in German trading after the auto giant reported Wednesday weak profit in its fiscal year 2018, despite a 0.1 percent growth in Automotive revenues with higher deliveries. Looking ahead for fiscal 2019, the company expects Group profit before tax will be well below the previous year's level. BMW said it is confident of volume growth in Automotive unit.
Follow RTT