Latin America is one of the world's fastest-growing film markets, with consumers increasingly turning to mobile services to search for information and book tickets. In 2016, Fandango acquired the Peruvian start-up Cine papaya, the region's leading mobile platform for movie tickets, show time information, and movie related content. With Ingenico on board, Fandango can now offer cinemas across the region a unified payment processing experience.

Through its Cinepapaya acquisition, Fandango is currently active in Ecuador, Bolivia, Argentina, Chile, Mexico, Colombia and Peru, with plans to expand to even more countries in Latin America. To manage the complexity of accepting payments from so many different markets and still enable quick and efficient scaling into new markets, Fandango decided to consolidate its payments infrastructure with Ingenico ePayments. Through a single integration with Ingenico, Fandango can now easily add new payment methods and currencies, and expand into new markets.

Because Ingenico ePayments manages the acquiring relationships, Fandango can work with one or even two local acquiring banks, which increases approval rates and provides a better experience to its customers. Ingenico ePayments also provides Fandango with Business Intelligence that helps the company better understand consumer payment behavior and preferences.

Ingenico Group SA published this content on 05 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 May 2017 05:19:11 UTC.

Original documenthttps://www.ingenico.com/press-and-publications/press-releases/all/2017/05/fandango-selects-ingenico-epayments-to-boost-growth-in-spanish-speaking-latin-america.html

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