Worldwide payment technology developer Ingenico has announced plans to invest £250,000 in new facilities and create 21 new jobs at its northern European headquarters in Fife.
The French-based firm, which develops point-of-sale payment solutions such as chip and pin devices, said the investment at its Dalgety Bay site will facilitate the creation of a new customisation centre.
The new facility is expected to enable the firm to double monthly capacity from 30,000 to 60,000 units per month.
The investment will also add to the company’s workforce which currently sits at more than 300 across the UK and Ireland, 200 of them in Fife and bolster the firm’s European network, allowing itto bid for new contracts in European markets.
Ingenico said it is creating 40 permanent positions across the UK to support its expanding business requirements.
The positions include 21 new repair technician roles at Dalgety Bay and 19 contact centre roles in Northwich, Cheshire.
Stephen Edmiston, Ingenico’s director of operations for northern Europe, said: “Expanding our facilities in Scotland makes perfect sense for Ingenico, as we now have a strengthened operational base in the UK and can service a considerably larger portion of the customisation business.
“This investment reinforces our commitment to Scotland and the UK, and we expect a significant increase in customisation and refurbishment business as a result of these new, first-class facilities.”
The announcement follows the recent merging of Ingenico’s northern European and Iberian divisions, which the company said allowed it to combine its existing resources in both territories to strengthen the service and support it provides to its customers in the region.
Worldwide, the firm employs more than 4,000 members of staff to ensure retailers, banks and service providers achieve secure electronic payment and point-of-sale revenue.
It has deployed over 20m payment terminals in more than 125 countries.
The firm said growth was driven by the sale of contactless-enabled terminals and full end-to-end payment solutions for major blue-chip customers across the UK and northern Europe.
Philippe Lazare, chairman and CEO of Ingenico, said: “Fuelled by innovation and products, growth has been strong in all our segments. As a result, we have strengthened our positions in our legacy markets while steadily developing in emerging markets.
“We have also significantly increased our margins and cash flow, while investing heavily in high-growth markets and mobile payment.”
The group said it has begun the year with “full confidence in its ability to sustain the momentum” in terms of revenue and profitability.
business@thecourier.co.uk