France's Ingenico eyes broader services with $190M Paymark acquisition

Wed, 17 Jan 2018

By Paul McBeth Jan. 18 (BusinessDesk) - French payments systems provider Ingenico plans to integrate New Zealand's Paymark payment network with its recently acquired Bambora business to offer a broader array of services to local retailers and financial institutions. Paris-based Ingenico will pay $190 million for Paymark, which has more than three-quarters of New Zealand's electronic point of sale terminals, ending a two-year sales process run by owners ANZ Bank New Zealand, ASB Bank, Bank of New Zealand and Westpac New Zealand. As part o...

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