RegardingID Archive | VeriFone supplies Canadian restaurant chain

Tuesday, May 27, 2008

VeriFone Holdings Inc. has announced that Canadian restaurant chain Tim Hortons, has extended its use of VeriFone payment solutions to countertop checkout stations and drive-thru lanes in their U.S. locations. Last year, Tim Hortons – Canada’s largest quick service restaurant chain – deployed 7,500 VeriFone Vx 570 systems with EMV-ready VeriFone SC 5000 PINpads throughout store locations in Canada.

The restaurant introduced the VeriFone technology to enable credit card and contactless payments and to convert from paper-based gift certificates to its prepaid QuickPay Tim Card. The U.S. rollout began in February, with approximately 1,000 Vx 570 systems installed at 375 stores to date; the Canadian deployment began last summer and has now extended to more than 2,100 stores.

VeriFone reveals all-in-one contactless payment terminal

VeriFone Systems has revealed a new counter top payment terminal that accepts magnetic stripe, EMV chip, contactless card and NFC mobile transactions.

According to VeriFone, the “H5000” is designed to succeed the Artema Hybrid terminal from Hypercom, which Verifone acquired in August. The device features one card reader slot that accommodates all card types - EMV chip, contactless and magnetic stripe - and an integrated NFC reader for mobile payments and value added services. Other features include a PIN pad, color screen, 32-bit ARM11 400MHz processor, graphical user interface and optional printer.

Canadian grocery chain adopts Visa contactless payments

Metro Inc. is partnering with Visa to bring payWave contactless payments to its chain of 600 grocery stores across Ontario and Quebec.

Beginning early next year, shoppers at Metro, Metro Plus, Super C and Food Basics will be able to pay for items with a tap of a contactless Visa credit or debit card against a reader at the point of sale.

GUESS engages shoppers with interactive iPad solution

Global apparel brand GUESS Inc. has implemented the VeriFone GlobalBay retailing solution inside a dozen or more of its U.S. outlets, engaging in-store shoppers with interactive kiosks to enhance the overall shopping experience and generate additional sales.

VeriFone completes acquisition of Point

VeriFone Systems has completed its acquisition of Point, Northern Europe’s largest provider of payment and gateway services and solutions for retailers.

According to VeriFone, Stockholm-based Point has operations in 11 European countries and serves a network encompassing nearly 475,000 merchant contracts. Through this network, Point offers retailers a range of multi-channel services and solutions, including point-of-sale technology and support, gateway services, card encryption services, and e-commerce processing.

McDonald's, Barclaycard ready NFC awareness campaigns

McDonald’s and Barclaycard are gearing up to launch NFC awareness campaigns aimed at spurring the adoption of contactless payment technology, according to MarketingWeek.

Barclaycard, which holds the highest share (71%) of the UK contactless market, reports that contactless transactions have doubled in the last year, but are still “nowhere near” where they want to be, according to Tom Gregory, Barclaycard’s head of digital payments.

VeriFone sees strong growth in Europe, Latin America

Payment terminal provider VeriFone Systems is riding out the European debt crisis with positive numbers for the fourth quarter, all while rapidly rolling out payment terminal installations in Latin America, reports American Banker.

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VeriFone supplies Canadian restaurant chain