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Southern DataComm Acquires eN-Concert |
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Southern DataComm (SDC),
Inc. has announced the completion of its
acquisition of eN-Concert, a suite of solutions from Ingenico, Inc., a leading
global provider of secure transaction and payment solutions. The acquisition
represents a strategic move by SDC into the tier-one, multi-lane retail market
and signals a long-term commitment towards the expansion of their end-to-end
suite of products and services to a broader customer base. The eN-Concert team
will continue to manage, deliver and support its current suite of products and
customers, as well as, leverage SDC’s payment delivery and managed payment
services. This move continues to redefine SDC as a strategic single source
provider for the processing of all electronic payments.
“This is a milestone in the continuation of the evolving
technology in the payment industry,” said Gary Eng, President of Southern
DataComm, Inc. “Bringing eN-Concert together with SDC creates an exclusive
end-to-end solution from the latest in-lane payment devices with high speed,
managed payment solutions; delivering merchant payments securely to the major
processors / acquiring banks in the business.”
The acquisition brings together some of the industry’s
strongest software brands and ubiquitous technologies to provide fast, secure
and reliable end-to-end payment solutions which allows value added resellers
and merchants to select one vendor for complete electronic payment automation.
The move also brings Ingenico in as one of many SDC
strategic partners for ongoing terminal and hardware initiatives. The
electronic payment market is growing, fueled by the global shift to electronic
payments. The dollar volume of card purchases at Visa, MasterCard and American
Express have more than quadrupled from less than $1.4 trillion in 1995 to
nearly $6 trillion in 2005.
About eN-Concert
eN-Concert, formerly a technologies division of Ingenico,
with offices in CA and GA, develops, maintains and services proprietary
electronic payment transaction processing software and extensive back office
applications. The company’s eN-Concert product line is compatible with all
major hardware and software platforms currently used by retailers, including
IBM, NCR, Ingenico, VeriFone and others. The eN-Concert suite is available as separate
modules or as an integrated system, providing customers with a flexible,
scalable solution.
About Southern DataComm
Southern DataComm (SDC),
Inc., the creators of ProtoBase® Software, has been a market leader in the
payments industry since 1985. SDC provides integrated electronic transaction
processing solutions to the North American lodging, travel, restaurant,
e-commerce, specialty retail, ticketing, government and cable TV industries.
SDC’s comprehensive line of solutions provides both high speed and secure
authorizations and settlements for credit, debit, check, private label and gift
card transactions. For additional information, please call 1-800-476-4456 or
visit www.protobase.com
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