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Ingenico & Cybersource to secure unified commerce solution in APAC

By Gloria Mathias

January 23, 2024

  • APAC Fintech
  • APAC news
  • Asia

Ingenico, Global Payments Platform, Cybersource, Visa Solution, Payments platform, Fraud management platform, In-store card transactions, Payments solutions, APAC News, APAC fintech, Fintech news, Ingenico, a payment acceptance service, has announced a partnership with Cybersource, Visa’s agnostic global payment and fraud management platform. The partnership will create a global unified commerce solution for use in the Asia Pacific first, followed by other regions.

The partnership integrates the AXIUM application developed by Ingenico on the Cybersource open payment platform. This collaboration delivers an efficient, ready-to-use commerce solution to authorise in-store card transaction processes across geographies, all on one platform.

AXIUM, Ingenico’s payment acceptance solution, features advanced smart point-of-sale (POS) terminals powered by Android, along with a suite of business applications. It provides robust security and comprehensive customer support. Its application, built on Cybersource’s platform, is portable across different AXIUM devices, making it easier to scale without going through lengthy certification processes for each new device.

Cybersource is part of Visa Acceptance Solutions, which allows on-demand, pre-integrated global-scale services on an open acceptance platform. This connectivity hub provides acquirers, independent service providers (ISVs), and merchants access to the building blocks they need to create seamless commerce experiences that can scale their businesses, keep their customers happy, and make them future-ready.

Nigel Lee, Chief Customer Officer of Ingenico, said, “We are thrilled to partner with Visa to forge a path towards a more integrated and complete payment ecosystem. Combining the global reach of Visa and Ingenico and using the Ingenico Android technology stack will accelerate innovation and reduce complexity.”

Dan Parsons, Head of Cybersource, Asia Pacific, said, “As an open payments platform with global reach, we have created a new era of partnership and collaboration that will foster a whole new wave of innovation. Our strategic partnership with Ingenico will enable us to provide pre-integrated and innovative payment solutions to our clients and partners. This will empower businesses to deliver a unified commerce experience to meet evolving consumer expectations while enabling them to scale their businesses more efficiently.”

This strategic partnership will further extend to Ingenico’s Tap-to-Phone technology with Cybersource integration, enabling new payment use cases.

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