Elizaveta Kuchinskaya
Daria Danilina
Nikita Pivnenko
Roman Lukashov
The Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Ekaterina Ivanova
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The company follows most of 17 Sustainable Development Goals. Ingenico is an innovative technological company and a responsible employer. It is very active in implementing innovations with a specific focus on the industry and infrastructure. The company regularly introduces innovative payment solutions to the market.
In 2015 Ingenico introduced the world's first Pin Entry Device, certified in accordance with the Payment Card Industry Data Security Standard, which confirms the absolute safety of working with the card at the payment terminal. The company is constantly working with other market players to create high-quality payment solutions.
Innovation is at the heart of any successful technological company and Ingenico is not an exception. The most recent innovations are the support of Apple pay or Samsung pay mobile technologies and payments with QR codes. "It is hard to estimate how positively will they influence the possibilities of payments made by people anytime anywhere and when it’s required. New generation of payers are looking for the most convenient ways to pay for goods and services so mobile devices are now always provide tremendous opportunities to ease payments", told us Andrey Kuchinsky.
One of the most important impacts is to increase security of payments when only the right person can authenticate the payment by a mobile device. For example, Andrey Kuchinsky told us that credits cards could be stolen together with the pin, but to pay with a mobile device is hard without breaking the security of the device. In the near future payments will be possible with the eye or hand contact, so that the person is authenticated with facial or hand recognition. This should be supported by the payment solution including the POS (point of sales device) and the whole bundle of hardware and software. New approach of getting services and products is - easy and secure payment, just one click by the right person and that's it! Amazing technologies!
Business benefits are incredible. Andrey Kuchinsky told us: "Just imagine how much fraud payments can be avoided and related losses by all participants of the payment scheme, starting for the buyer and coming to the bank and the seller. Then, people easily get services and products that the need at the right time and the right place. Obviously, that will increase the productivity and has influence further on the productivity of the production industry and all consumers".
Speed, security and efficiency are the foundation of the economic development in each country and every business. So the easiest way to quantify the economic benefit is to calculate the increase of average bill in the supermarket. This is made possible thanks to the introduction of new payment solutions.
Social benefits can be very different. Starting from easier availability of payments and that is why services and products and then less fraud payments.
As for environment benefits, they are less obvious, as we have learned but we can just imagine how much plastic is required to create plastic cards or how much trees and plastic are required to create cash. Every movement from less innovation to more innovation leaves space to invest more in environmentally friendly production or social activities.
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Andrey Kuchinsky, Regional Director
Andrey Kuchinsky, Regional Director
Ingenico Group was founded in 1980 by the French entrepreneurs Jean-Jacques Poutrel and Michel Malhouitre. Already in 1984 the company released the first payment terminal. Up until now, the company has actively shaped the payment industry. In 2008 Ingenico Group became a world leader in the payment solutions. In 2011 the company's turnover exceeded 1 billion dollars. In 2012 Ingenico Group acquired the Russian distributor of payment solutions - ARCOM and entered the Russian market.