Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

VeriFone expands European effort

Tuesday, June 3, 2008

VeriFone Holdings Inc. has announced a new market initiative in its European, Middle East and African operations. The company will reorganize its management team and sales and marketing efforts into two market-focused teams, one focused on continental Europe and the other focused on Northern Europe, the Middle East and Africa.

One team will be headed by a longtime VeriFone executive, the other by a newcomer to the organization. Nigel Bidmead, part of VeriFone’s management team since it split from Hewlett-Packard, will be managing director for Northern Europe, the Middle East and Africa. Yolanda Rousselet will be responsible for VeriFone activities in continental Europe, including Russia. Rousselet is the former head of international sales for Sagem Monetel, now a subsidiary of Ingenico. Rousselet also has held several management positions with subsidiaries of Ingenico.


According to VeriFone CEO Douglas G. Bergeron, the company hopes to double its sales in the growing European, Middle East and African markets over the next few years. The new territorial teams are the first step toward that goal. [end] 

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.

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VeriFone Systems has received certification of its EMV/NFC-enabled payment processing solution from Vantiv, a provider of payment processing services and related technology solutions for U.S. merchants and financial institutions.

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VeriFone Systems unveiled its new PAYMEDIA Universal Acceptance Platform, a suite of services and software that enables mobile network operators to manage mobile wallet acceptance at the point of sale.

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Mobile operator Digicel Pacific Limited has announced the deployment of VeriFone’s mWallet services and NFC-enabled payment systems in the Kingdom of Tonga.

Starting this week, Digicel subscribers in the the Tongan capital Nuku’alofa will be able to receive NFC tags that are linked to their mobile phone numbers and VeriFone’s contactless payment acceptance systems. Customers can affix these tags to their phones to tap and pay at over 50 merchants in Nuku’alofa.

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VeriFone Systems announced that it will integrate the Isis Mobile Commerce Application into its current and future NFC-enabled point of sale products.

Through the delivery of new payment systems, NFC add-on devices and remote software upgrades, VeriFone will bring Isis-powered mobile contactless payments to hundreds of thousands of merchant locations across the U.S.

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VeriFone Systems has unveiled its new Sail mobile point of sale solution for merchants who want to accept NFC and EMV payments on their mobile phones or tablets.

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