Sage Payment Solutions, Ingenico Partner To Develop New Secure, Integrated Payments Capabilities For SMBs

PRESS RELEASE

MCLEAN, Va. and ATLANTA (October 11, 2010) – Sage Payment Solutions, the payments division for Sage North America, and Ingenico, the leading worldwide supplier of payment solutions, today announced their partnership to bring to market a new integrated payments offering for small and midsized businesses (SMBs). Through the partnership, Sage customers will be able to use Ingenico’s advanced credit card terminals with Sage Exchange connectivity to securely process payments, plus benefit from data integration and two-way communication advantages.

The Ingenico terminals will seamlessly integrate with Sage Exchange, Sage’s secure, Payment Application Data Security Standard (PA-DSS) certified payments platform. The devices are currently being tested by several Sage customers, and will be generally available later this year.

“Sage Exchange offers small and mid-size businesses a very safe and secure way to seamlessly manage credit card and other payments, using their existing business management software,” said Lisa Shipley, senior vice president of sales for Ingenico, North America. “Ingenico’s partnership with Sage Payments Solutions extends well beyond traditional payment. Our ‘thin client’ terminal solution provides a portal for Sage users to reach their customers in secure, unique, and creative ways, providing incremental revenue opportunities.”

Ingenico will offer Sage users its latest line of payment hardware, including standalone Ethernet (IP) and wireless terminals and integrated PIN Pads equipped with the Telium' 2 technology. Ingenico will also integrate Incendo Online, its web-based, thin-client terminal application, with Sage Exchange to give SMBs secure, centralized control of their Ingenico payment devices, including 24/7 access to usability enhancements and security updates.

“Ingenico’s Web-enabled technology will allow businesses and organizations to securely capture data that integrates into Sage Exchange,” said Greg Hammermaster, president of Sage Payment Solutions, Sage’s payments division. “The company’s micro browser devices easily update payment applications to provide businesses and organizations with security updates and a suite of value-added capabilities.”

Sage Exchange will allow businesses and organizations to accept all forms and methods of payment, including credit and debit cards, gift/loyalty cards, electronic bank accounts (ACH), and paper & e-checks including electronic check conversion, with seamless data integration to a wide range of Sage business management software products and third-party business software and services.

A May 2010 report by industry analyst firm Aberdeen Group1 found that best-in-class companies that integrate their electronic payment solutions with their accounting or enterprise resource planning (ERP) systems achieve a 15.9% improvement in payment processing costs and save 11.3 days in processing a payment.

For more information on Sage Exchange or other products and services from Sage Payment Solutions, please visit www.sagepayments.com or call 800-261-0240. For more information on Ingenico products and services, please visit www.ingenico.com or call 800-252-1140.

About Sage Payment Solutions

Sage Payment Solutions, the payments division for Sage North America, has been providing businesses and organizations with electronic payment systems for more than 20 years. The company makes electronic payment processing easy for more than 155,000 merchants, allowing them to accept multiple forms of payment, including credit and debit cards, electronic checks, Check21, gift and loyalty cards, and automatic recurring payment. Sage Payment Solutions provides a wide range of secure standalone and integrated payment processing solutions. Sage Exchange, its PA-DSS certified payments platform, integrates with many Sage software products to maximize the value of customers’ business systems with automatically updated credit and debit card transaction information. Future Sage Exchange releases will offer additional integrated payment capabilities, including advanced point-of-sale (POS) device integration, payment origination solutions, and cash management applications. For more information about Sage Payment Solutions, please call 800-261-0240, or visit www.sagepayments.com.

About Sage North America

Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. Sage North America employs 4,000 people and supports 3.1 million small and midsized business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs 13,100 people and supports 6.2 million customers worldwide. For more information, please visit the website at www.sagenorthamerica.com.

About Ingenico (ING)

Ingenico (Euronext: FR0000125346 – ING) is a leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 3000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on www.ingenico.com.