Ogone was a Belgium-based online payment service provider and payment risk management company that has been part of Ingenico since 2013. Ingenico renamed the business Ingenico Payment Services.
Ogone managed and secured online payments for card-not-present transactions (e-commerce, m-commerce, mail/telephone order, batch payments) and provided fraud prevention services. Ogone, was connected through certified links with more than 200 banks and acquirers and provided international, alternative and local payment methods in over 80 countries in Europe, Asia, Latin America and the Middle East and in 2014 had 77,000 clients.
The company was headquartered in Belgium and had operations in India and regional offices in Belgium, the Netherlands, France, Germany, Austria, Switzerland, UK, United Arab Emirates and the US.
Video Ogone
History
The company was founded as Abssys Consulting in 1996 by Mr. Harold Mechelynck and Mr. Thierry Pierson.
In 2003 Ogone was Europe's first payment service provider to develop, integrate and certify a "3-D secure MPI module" (Merchant Plugin Interface), enabling remote payment.
In May 2010 the company received an undisclosed majority investment from US-based growth equity firm Summit Partners. The purchase of EBS (E-Billing Solutions) in September 2011, at the time the second largest payment provider in India after CC-Avenues, was Ogone's first acquisition and its first move outside the European market. With the addition of the EBS customer-base, Ogone became one of the world`s "largest" payment services.
On January 29, 2013; Ingenico announced an agreement for the acquisition of Ogone. A share purchase agreement for the acquisition was executed two months later.
On June 4, 2014 Ogone announced that Ogone is becoming Ingenico Payment Services, the Ingenico Group's flagship brand for digital payment services.
Maps Ogone
See also
- List of on-line payment service providers
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References
Further reading
- O'Hear, Steve (July 2, 2012). "Ogone Launches In-App Payment Library For iOS And Android". TechCrunch. Retrieved October 22, 2016.
External links
- Ogone at CrunchBase
Source of the article : Wikipedia
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