Payment solutions provider Ingenico Group has partnered with Oberthur Technologies (OT) and Vodafone to make the remote management of payment terminals' cellular connectivity a reality with Ingenico Connectivity/Manager solution.
This tripartite solution leverages OT's embedded Universal Integrated Circuit Card (eUICC) and remote subscription management solution, Ingenico's smart terminals as well as Vodafone's global IoT communications platform.
The platform will enable both the remote installation and management of operator profiles. It will also improve operational efficiency, and also enhance merchants' experience with better connectivity and ready-to-use payment terminal, according to a statement.
Pierre Barrial, managing director of the connected device makers activity at OT, said: "We are delighted to work with Ingenico and Vodafone to optimize global connectivity management of POS during their entire lifespan. Our solution will also simplify the worldwide distribution of the POS and enable Ingenico to deliver an improved connectivity service to acquirers and merchants thanks to primary connectivity and back-up subscriptions hosted in the same eUICC. This will increase the transaction success rate by avoiding transaction failures related to temporary loss of connectivity."
"Ecosystems and partnerships are going to be critical in the continued success of IoT and I believe that this relationship will prove to be a powerful and successful one for the POS industry," Vodafone head of IoT Ivo Rook said.
Ingenico Group EVP for Smart terminals Jacques Guerin said: "This solution will dramatically change the way terminals estate owners manage connectivity. Nowadays, ensuring a merchant's payment terminal is operational accounts for up to 17% of the overall terminal TCO. With this new solution, the payment terminal will embed a SIM that can be set and updated over-the-air. Thus estates will be managed more efficiently. Field services around SIM card logistics will become redundant, which will save estate owners time and costs while simplifying merchants' set-up."