The VeriFone Blog: The Many Flavors of Mobile Payments – 3 types explained

In  a recent post on the VeriFone Blog Raja Ray discussed some of the different types of mobile payments, This is what he had to say: “Ready to leave your wallet at home and use your mobile phone to pay for everything? Most of us still need the reassurance of cash and cards for now. However,

Banco Nacional de Costa Rica Future-Proofs Payment Network with Portable Point of Sale Terminals from VeriFone

VeriFone Systems, Inc. has announced that Banco Nacional de Costa Rica has selected VeriFone’s VX Evolution line of portable EMV and NFC capable point of sale terminals to enhance payment mobility and security for merchant customers throughout Costa Rica. BNCR’s migration to VeriFone’s VX Evolution terminals will enable its merchants to accept all types of

VeriFone Welcomes Karen Austin to Board of Directors

VeriFone Systems, Inc. has  announced that Karen Austin, change management expert and CIO for Pacific Gas & Electric Co. (PG&E), will join the board, effective immediately. “We are very excited to welcome Karen to the board. The technology expertise she’s demonstrated at some of the nation’s largest retailers as well as her strong leadership in

Verifone: Retail Security – Address The Threat

Chris Souther recently wrote a post for the VeriFone Blog about the need to address the threat in retail security, as evidenced by the rash of recent security breaches in major retail stores across the globe. He had this to say: The recent security breaches at major retail centers have elevated the need for more

VeriFone Mobile Payment Solutions Are Visa Ready

VeriFone Systems, Inc. has announced that five devices in its award-winning PAYware Mobile line of EMV- enabled mobile point of sale (mPOS) devices have been approved by the Visa Ready Program. The program is designed to ensure that devices, software and solutions used to initiate or accept Visa payments are compatible with Visa’s requirements. By

VeriFone Welcomes New Member to Board of Directors

VeriFone Systems, Inc. has announced that Richard A. McGinn will leave the board and be replaced by long-time retail and consumer financial services veteran Jane J. Thompson, effective immediately. “The board thanks Rich for his service in many roles over the years including interim CEO and chairman of the board, and we wish him well,”

Verifone Looks at Positive Commerce Trends in South Africa

Gabriel Swanepoel recently posted some interesting insights into the commerce trends in South Africa on the Verifone blog. Here is a look at what he had to say: “If you were living in or visiting South Africa a decade ago, chances are most of your purchases would have been made by cash. Today, things are

VeriFone Reports Results for the First Quarter of Fiscal 2014

VeriFone Systems, Inc., a provider of secure electronic payment solutions, has announced financial results for the three months ended January 31, 2014 (“Q1 FY14”). GAAP net revenues were $436 million, compared to $429 million a year ago, a 2% increase. Non-GAAP net revenues for Q1 FY14 were $437 million, compared to $430 million a year

VeriFone to Widen Mobile Money Services in Nigeria

Teasy Mobile has appointed VeriFone Mobile Money, a joint venture between VeriFone and Mobilis Networks Limited, to widen mobile money services in Nigeria. Under the agreement, VeriFone will deploy its retail enablement solution integrating mobile wallet, banking and telecommunication provider networks with point-of-sales (POS) to drive mobile money. Teasy will partner with stakeholders in Nigeria

VeriFone’s Outlook for Payments in Africa

Bulent Ozayaz recently posted on the VeriFone blog his outlook for payments in Africa. He had the following to say on the topic: This year developing markets such as Africa will outpace growth in developed markets as consumers across the continent continue to embrace non-cash ways to pay. While it’s easy to get excited about market growth,