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Ingenico: finalises acquisition of Paymark

( - Ingenico Group announces its completion of the acquisition of Paymark, the first New Zealand electronic payment network, after receiving approval from the relevant regulatory and competition authorities.

Thanks to this acquisition, Ingenico would deploy its entire offer to merchants and financial institutions in the Pacific region, including terminals, transaction management and value-added offers.

The payment solutions provider says it will continue to invest in Paymark to bring the most advanced solutions to its customers such as banks, merchants and its local partners.

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