ACI Worldwide Unveils Vendor Support for Point to Point Encryption Solutions

ACI Worldwide, a provider of electronic payment and banking systems, has announced that major payment device vendors including VeriFone, Ingenico and Equinox support its Point to Point Encryption (P2PE) solutions. P2PE is an emerging encryption technique in the payments industry that protects sensitive cardholder data in transit—as it is transmitted from a merchant’s store to

Moneris to Streamline Payment Process for Merchants with VeriFone VX 520

VeriFone Systems, Inc. has announced that Moneris Solutions Corporation, Canada’s largest debit and credit card processor, has selected the VeriFone VX 520, a reliable and easy to use countertop device that accepts all types of electronic payments. Installation of the VX 520 devices will begin in 2014. The VX 520 is PCI PTS 3.X compliant

VeriFone Introduces New Range of Unattended Payment Devices for Self-service Environments

VeriFone Systems, Inc. have introduced UX Solutions, its series of unattended payment devices that improve transaction security, speed and reliability for vending machines and other self-service environments, including parking meters, petroleum pumps and ticketing machines. VeriFone’s UX series of unattended payment devices enables merchants to meet growing consumer demand for self-service transactions by providing customizable

American Express and VeriFone Put Membership Rewards® Points in NYC Taxi Cabs

American Express and VeriFone Systems, Inc.  announced a new partnership that enables eligible Card Members to use Membership Rewards points from American Express for their fare in NYC taxi cabs – in real-time, on the Taxi TV screen at the end of the ride. The program will roll out on VeriFone’s in-taxi devices that process

VeriFone Launches New Solutions for C-Store Management

VeriFone Systems, Inc. announced the availability of Commander Site Controller, the company’s next generation site management solution, and Ruby2 a touch-screen point of sale (POS) solution, both designed to provide greater efficiency, faster payment acceptance and new management capabilities that maximize profit potential for convenience store retailers. Commander Site Controller is purpose-built for rugged c-store

VeriFone and NPCA Debut Mobile Payment and Rewards Solution

VeriFone Systems, Inc., and National Payment Card Association (NPCA) debuted a mobile payment and rewards solution that enables convenience store and petroleum retailers to provide customers with smartphone-based payment options at the pump. Utilizing VeriFone’s Smart Fuel Controller and NPCA’s mobile payment solution, c-store and gas station operators with VeriFone payment acceptance systems can quickly

VeriFone Names Paul Galant Chief Executive Officer

The Board of Directors of VeriFone Systems, Inc. announced that it has appointed Paul Galant Chief Executive Officer and Member of the Board of Directors, effective October 1, 2013. VeriFone, Mr. Galant, 45, served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. In this role, Mr. Galant developed innovative digital payments services for

VeriFone Reports Results for the Third Quarter of Fiscal 2013

VeriFone Systems, Inc.  the global leader in secure electronic payment solutions, announced financial results for the three months ended July 31, 2013 (“Q3 FY13”). Non-GAAP net revenues for Q3 FY13 were $418 million, compared to $493 million a year ago, a 15% decrease. GAAP net revenues were $416 million, compared to $489 million a year

VeriFone Delivers POS Software Platform for Tablets to ISOs and Acquirers

VeriFone Systems, Inc. launched GlobalBay Merchant, a new point of sale software platform and support infrastructure designed to help ISOs and acquirers providetablet POS solutions to small and medium businesses (SMBs). GlobalBay Merchant is an extension of the VeriFone GlobalBay line of software already in use by a number of sophisticated, highly integrated retail organizations. Currently

VeriFone Simplifies Payments Complexity for US Merchants and Service Providers

VeriFone Systems, Inc. announced the launch of VeriFone Point, a payment-as-a-service solution that simplifies the complexities of payment for the company’s direct merchant customers and channel partners in the U.S. The growing burden of PCI compliance, EMV migration, and the emergence of mobile wallets and value-added service options is requiring merchants and service providers—such as ISVs, acquirers