VeriFone Systems, a payment systems provider, has announced the launch of VeriFone Point, a product aimed at simplifying payment processing for the company’s direct merchant customers and channel partners in the U.S.
The VeriFone Point solution features a cost-predictable subscription model for obtaining and maintaining all the components of a complete payments solution.
Go deeper with GlobalData
It includes software, management services, device acquisition, and maintenance, and decouples payment transactions from the traditional POS system and enables merchants and service providers to integrate the latest mobile wallets, emerging payments technologies, and EMV specifications.
Additionally, with this integration, data can be encrypted, securely routed for processing to the merchant’s acquirer and tokenized.
Jennifer Miles, president, VeriFone Americas, said, "VeriFone Point offers these organizations a way out of the complexity of business by providing a flexible and reliable toolkit that is managed by the company they trust for payments."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataRelated articles
VeriFone partners Bank of China and China Mobile for NFC payments
PayLife selects VeriFone to update payments system
M&A: VeriFone buys Global Bay for retail payment expansion
