Ingenico has acquired Italian payment terminals service provider
TNET.

Ingenico’s executive vice president SEPA-Europe Region,
Pierre-Antoine Vacheron said that the “acquisition of TNET reflects
our strategy aimed at strengthening our technical services
activity”.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

In an official statement, Ingenico said that the reinforcement
of its positioning in the Italian market would make it the “largest
independent company for POS-related services.”

Vacheron added : “[The acquisition] will further develop our
offer with improved technical services for our customers and a
corresponding managed based of close to 300.000 terminals in
Italy”.

TNET was founded in 1998 and provides on-site services to the
e-payments market, managing 45,000 terminals.

The company has recently signed new contracts and expects the
number of terminals to rise to 50,000 in the next few months.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Ingenico is predominantly present in the banking, lotalty,
petrol and retail market in Italy.