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

VeriFone introduces contactless PINpad

Tuesday, November 4, 2008

VeriFone Holdings Inc. introduced a contactless version of its PINpad 1000SE.

The contactless PINpad 1000SE combines two payment peripherals—PIN entry and contactless—into one device. Suitable for use worldwide, the PCI PED approved PINpad1000SE contactless version is backward compatible with earlier versions and features USB or serial connectivity for connection to electronic cash registers and POS devices.


The company also unveiled SingleCI (Single Contactless Interface), a programming interface with development tools that enables acquirers and developers to leverage existing contactless investments, adapt to future needs and take advantage of the company’s entire contactless portfolio. SingleCI is compatible with today’s industry-leading contactless interfaces. [end] 

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.

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Superdrug, one of Britain’s largest beauty and health retailers, has introduced contactless payment for its in-store customers, according to Retail Gazette.

Created by Streamline and Visa Europe, the contactless system will enable customers to make payments of up to £15 (approx. USD $23) by simply waving their contactless bank card at the more than 50 participating Superdrug stores in London and Liverpool.

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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 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 announced the acquisition of Global Bay Mobile Technologies in order to expand its mobile retail offerings.

VeriFone, a supplier of point of sale equipment, says the acquisition is the latest development in their strategy to bring new smart phone and tablet-based shopping and payment experiences to retail organizations. Terms of the transaction, which closed effective immediately, were not disclosed.

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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.

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