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Ingram Micro expands point-of-sale capabilities.

BANKING AND CREDIT NEWS-November 9, 2017-Ingram Micro expands point-of-sale capabilities

(C)2017 M2 COMMUNICATIONS http://www.m2.com

Ingram Micro Inc. has announced it has acquired The Phoenix Group, a US-based specialty distributor of point-of-sale (POS) technology for the US and Canadian electronic payments market, including, independent sales organizations (ISOs) focused on payment processing, banks and processors/acquirers, the company said.

This acquisition brings together The Phoenix Group's electronic payments expertise, extensive payment key library and value-added POS deployment services with Ingram Micro's global scale and unparalleled technological capabilities, including a broad range of professional services and partner enablement resources.

Ingram Micro also gains The Phoenix Group's network of well-established business relationships, a team of highly skilled sales professionals, authorized repair facility capabilities for VeriFone, Ingenico, MagTek, RDM, PAX and TechTrex, and immediate access to new customers and sales channels, including into Canada.

The Phoenix Group's management team and associates will operate as an integrated division of Ingram Micro.

The Phoenix Group is a provider of countertop and mobile POS in North America. Servicing thousands of banks and ISOs with secure PCI and P2PE injections and deployments, The Phoenix Group has grown to be a provider of the industry in security and value added services. With headquarters in St. Louis, Mo., and Mississauga, Ontario, Canada, The Phoenix Group continues to lead the way in SMB and ISO countertop and multilane integrated point of sale.

Ingram Micro helps businesses Realize the Promise of Technology(TM). It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. More at www.ingrammicro.com.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 9, 2017
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