Peter Spee, AEVI Vice President of Strategy and Corporate Development

Germany-based next-generation acquiring services provider AEVI and payments provider Ingenico, have partnered in order to supplement AEVI’s App Marketplace with Ingenico‘s payment and customer engagement platforms. The partnership is expected to provide Ingenico with access to AEVI’s marketplace comprising of value-added apps and services for merchant customers.

According to the supplier, AEVI’s open ecosystem provides flexibility to the merchant payment solutions provider. The current agreement comes under AEVI Enablement Program wherein acquirers are enabled to provide tailored suites of applications and services. The agreement aims to expand AEVI’s interaction and reach to acquirers and payment solution providers. It is expected to expand the company’s distribution channel for app partners.

Established in 2015, AEVI aims to empower merchant payment solution providers to move and manage their classic payments proposition into a new value world of apps, payments and smart devices.

“AEVI greatly increases its reach through Ingenico’s leadership in the payments industry,” said Peter Spee, AEVI Vice President of Strategy and Corporate Development. “This will encourage next-generation acquirers to leverage the AEVI App Marketplace to spur merchant innovation and improve the consumer payment experience.”

“Ingenico is committed to providing our partners with the platforms and tools to help their merchant customers build smarter businesses and exceed consumer expectations,” said Luciano Cavazzana, EVP EMEA Banks & Acquirers, Ingenico Group. “We are proud to work on this exciting project with AEVI, which is showing the path to create an applications ecosystem for our customers.”

Founded in 1980, Ingenico Group provides payment solutions with a local, national and international scope. It aims to provide secure solutions to propel commerce across all channels.

by Megha Bhattacharya
Market Analyst at IBS Intelligence