Ingenico, a provider of payment solutions, has received a multi-million dollar order from Akbank for 24,000 payment devices for deployment throughout Turkey.

With this order, Akbank has reached more than 150.000 Ingenico terminals in its portfolio, replacing its former range of terminals in place since 2007.

Akbank has acquired 21.500 iCT220 desktop terminals, 12,000 EFT930-G wireless terminals and 7.000 PINpads in 2010. This new order was the second largest one from the bank in 2010.

Akbank senior vice president of Merchant division Osman Tanacan said since their first purchase from Ingenico in 2007, they have been using these terminals for Shared POS (Multi Banking / Multi Loyalty platform in a single terminal created by Ingenico) with eight banks covering around 90% of all card systems in Turkey.

"Parallel to this strategy, Ingenico’s new ICT terminals gives us the flexibility to expand this use up to 32 applications in a single terminal. Ingenico has been our closest partner developing applications and helping Akbank to be the preferred Bank at the merchants," Tanacan said.