Built on a new cloud-based technology stack, PPaaS is a component in the evolution of the Point of Sale (POS) into an ecosystem enabler. PPaaS is a suite of payment and commerce services that combines proprietary solutions for managing terminals with third-party applications and alternative payment methods such as Alipay.
The cloud-based platform is developer-focused and device agnostic, meaning it can work with any payment terminal, beyond the 35 million Ingenico POS around the world. Acquirers, Payment Service Providers and Independent Software Vendors (ISVs) can choose, integrate and manage the services their merchants need for instore payments.
PPaaS also integrates with retailers’ online commerce and payments services to enable an omnichannel customer experience and turn the payment experience from a point of transaction to a point of interaction. Use cases of this new offering comprise of alternative payment methods, loyalty & omnichannel commerce, enhanced reporting and data analytics and smart routing.
For more information about Ingenico, please check out the company profile in The Paypers Company Database.
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