 This centre developed Ingenico's family of EFTPOS (Electronic funds transfer at point of sale).In 2008, Ingenico acquired 55% of Fujian Landi, a Chinese EFTPOS vendor.In 2009, Ingenico partnered with its two largest competitors, Hypercom and VeriFone, to found the Secure POS Vendor Alliance, a non-profit organization whose goal is to increase awareness of and improve payment industry security.