November 19, 2013 Ingenico and Coges sign a strategic agreement in the Vending sector in Europe

Payment solutions developed jointly will be presented at the Vendiberica Trade Fair

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Madrid, November 19th 2013. - Ingenico, a world leader in payment solutions, has signed a strategic agreement with Coges, European leader in cashless payment solutions in the Vending sector. This European agreement will be officially presented at the Vendiberica Trade Fair which will be held on the 20th, 21st, and 22nd of November 2013 at the 'IFEMA' in Madrid, Spain.

Both companies are joining forces in order to promote and sell a joint solution to be the recognised as a reference and as leaders in electronic payment systems for the Vending sector in Europe.

  • Ingenico will provide Coges with the management facilities and systems for credit or bank card operations, together with contactless payment systems.
  • Coges will incorporate the facilities into the Vending machines throughout the Coges interface systems (Coges Engine), which is compatible with the vast majority of Vending machines available in the market. It will also provide telemetric and cashless solutions in a secured environment.

The commercialisation of the joint system, set to start first quarter of 2014, will develop through the existing channels of both companies' distribution systems.

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