Ingenico, leading worldwide provider of payment solutions, announces the signature of a five year contract with Avis Europe, one of the world’s leading car rental companies, to provide a fully managed payment service across its retail network.
Ingenico will provide Avis Europe with a fully managed service including approximately 3,000 iCT250 chip and PIN terminals, transaction management delivered through Ingenico’s Axis platform, helpdesk and hardware maintenance services. The solution will be installed across Europe in more than 1,000 retail locations. With this new system in place, Avis will become the first European car rental company to offer their customers a fully PCI DSS compliant chip and PIN solution, providing an enhanced, secure car rental payment experience. The roll out is scheduled to commence across mainland Europe at the beginning of 2012.
Ingenico’s Axis solution is an international transaction management platform which centralises the management of transactions for large businesses, helping to control costs and provide end-to-end security and compliance with all international payment regulations and standards. The proven solution has already been deployed as a managed service for merchants in a wide variety of sectors such as retail, hospitality, transport and fuel. Ingenico supports more than 80,000 active lanes on the Axis platform with over 1.6 billion transactions routed in Europe every year.
Craig Doyle, Managing Director, Ingenico Northern Europe commented:
Ingenico continues to lead the field in the development of innovative transaction management solutions that can deliver real bottom line benefits for our customers. Our partnership with Avis Europe will enable them to take advantage of our cutting edge technology whilst ensuring that the business is fully compliant with new and complex payment regulations and standards. We are delighted to be working with Avis Europe on a project of this size and scale and look forward to developing our relationship with them as a highly valued customer.
Martyn Smith, CFO, Avis Europe said:
At Avis Europe our customer experience is a priority and we take pride in our ability to provide customers with a fast, reliable and stress-free way to rent a car. Through our partnership with Ingenico, we will now be able to deliver customers an even faster rental experience whilst providing the business with a fully compliant and secure transaction management solution that takes care of all our payment needs.