Mozambique’s Millennium bim bank selects Ingenico for point of sale network

12 November 2015

Millennium bim, the largest bank in Mozambique, has hired French group Ingenico to proceed with the modernisation of its point of sale network in the country, according to a statement issued Tuesday.

The statement said the group was selected by the Mozambican bank because of the flexibility of its intelligent terminals, their innovative capabilities and high security standards.

The group also said it had already started replacing existing wireless and counter terminals at all bank branches of Millennium bim in Mozambique, which total about 3,000.

Francisco Leite, head of the point of sale unit of Millennium Bim, was cited in the statement saying that, “Mozambique is a very competitive banking market and we must constantly improve our technology infrastructure to ensure the best level of service to our customers.”

Ingenico is a French group specialising in the provision of secure electronic transactions by manufacturing and selling point of sale terminals, software solutions and merchant payment software. (macauhub/MZ)