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Ingenico: acquisition in Asia.

(CercleFinance.com) - On Thursday night Ingenico announced the acquisition of Airlink, a value added distributor of payment solutions.

Located in Taipei with over 100 employees, this company provides buyers and retailers with payment terminals and related services, such as installation, maintenance, and software development.

The in-depth knowledge of the local market and Airlink's strong relations with key stakeholders in the country (banks & buyers and major retailers) will enable Ingenico to strengthen its positions in Taiwan and Northeast Asia, commented the integrated payment solutions specialist, whereby the Taiwanese market, which currently has over 250,000 terminals in service, is set to develop rapidly in the near future, under the effect of government initiatives to encourage electronic transactions.

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