France-based provider of payment solutions Ingenico has formed a partnership with Redeban Multicolor, a payments processor for the Master Card and Maestro brands in Colombia.
Under the terms of the agreement, Ingenico will authorize the latter to deploy over 9.000 of its iCT220 payment terminals. The iCT220 terminal is a PCI 2.0-approved countertop point-of-sale (POS) terminal that incorporates sensitive data protection capabilities.
Founded in France in 1980, Ingenico offers electronic transactions technology. Its traditional business is based around the manufacture of point of sale payment terminals, but it also includes payment services.