Redeban Multicolor, the MasterCard and Maestro processor in Colombia, has selected Ingenico, a France-based producer of financial transaction systems, to supply iCT220 payment terminal.

Ingenico will provide over nine payment terminals to Redeban Multicolor in partnership with its Colombian partner, Net Com.

According to Ingenico, iCT220 is a PCI 2.0 approved countertop point of sale terminal, which offers advanced security features to adequately safeguard sensitive payment data.

Ingenico EVP and president of the Latin American region Oscar Bello said that the company is proud to contribute to the continued security improvement of the Redeban Multicolor network.

“Our team continues to strive to serve our customers with the best and most secure products and solutions, thus contributing to our leadership,” Bello said.