Ingenico Group increased 10 percentage points of market share to 27% in the U.S. in 2014, according to a CA-based newsletter. The U.S. is now Ingenico Group’s second largest market, where the Group now serves three times more SMBs than in January 2014, showing its ability to rapidly conquer new territories.
In 2015, Ingenico Group confirmed its large EMV footprint in the United States, winning new customers and expanding into new vertical markets such as Lodging. The October 2015 liability shift is now approaching and over 90 percent of large retailers will be EMV-ready by October 1. However, the penetration rate among small merchants will be less than 50 percent.
Despite a high basis of comparison with 2015, the Group today anticipates sustained demand in all vertical markets and expects to achieve another double digit increase in sales in the U.S. next year.
Ingenico Group is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile.
For data, background and forecasts on Ingenico: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).