Verifone Announces Comprehensive and Flexible Mobile Point-of-Sale Solution for Merchants of All Sizes

Addition of Verifone e265 mPOS Solution Brings All-in-One Payment Acceptance and eCommerce Capabilities to Merchants in all Environments

SAN JOSE, Calif.--(BUSINESS WIRE)-- Verifone (NYSE: PAY), the world’s leader in payments and commerce solutions, today announced the latest addition to its mobile point-of-sale (mPOS) portfolio. The Verifone e265 offers independent and micro merchants the flexibility to accept all major payment types and integrate with smart devices for value-added commerce capabilities.

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MPOS FOR ON-THE-GO MERCHANTS

Verifone e265 is a highly reliable, durable, and compact mPOS terminal that can be paired with any smart phone or tablet. It enables merchants to bring globally certified card payment acceptance including EMV, contactless/NFC, mobile wallet and traditional magnetic stripe directly to consumers in any merchant environment—helping to bridge the gap in markets that are still converting from cash to cards.

“Imagine those merchants in hard-to-reach places where simply adding the power of accepting card payments can really change their game,” said Glen Robson, executive vice president, Global Head of Terminal Solutions, Verifone. “On the other side of the spectrum, Verifone e265 is an ideal mPOS solution for merchants that want to offer value-added services to increase traffic and revenue with a multi-channel approach to commerce right at their fingertips.”

COMMERCE AND EFFICIENCY CAPABILITIES

Merchants will have the ability to connect their online and offline sales channels by integrating Verifone e265 with any type of smart tablet. Tablet integration enables merchants to access ecommerce apps available to deliver digital coupons, loyalty and rewards during check out. In addition, merchants can increase operational efficiency by integrating with a variety of business apps such as those used for tracking clients and inventory.

THE ULTIMATE IN MPOS FLEXIBILITY

Until now, many merchants have had to choose from two restrictive scenarios: use “fobs” or dongles that plug into audio ports with limited payment functionality, or be bound to a payment terminal that only supports one particular type of consumer smart device and operating system. Thanks to the Verifone e265, clients serving a diverse population of merchants worldwide, including independent and micro merchants, can offer greater choice, freedom, security, and speed to market.

Key features of the Verifone e265:

• Meets latest PCI requirements - PCI PTS 4.0 approved
• Supports all device form factors and compatible with Windows, Android, and iOS
• Features highly durable design outfitted with scratch and impact-resistant Corning Gorilla Glass® display lens
• Certified globally for EMV, contactless/NFC, security and country specific approvals, and accepts all major payment types
• Connects through Bluetooth (wireless) and micro-USB for charging and OS updates (wired)
• Features replaceable, high-capacity lithium ion battery that extends usage and minimizes business interruptions
• Supports Verifone’s library of embedded applications for speed to market

“Many of our channel clients, especially those serving merchants in regions such as Southern Europe and Latin America, are experiencing high demand for a cost-effective, feature-rich mPOS solution,” said Robson. “This latest addition to Verifone’s portfolio of solutions provides them with an affordable offering for merchants of all sizes that demand flexibility, reliability and longevity from their technology investments.”

MPOS CHOICE OF MOBILE DEVICE PROVIDERS

Verifone’s comprehensive eSeries mPOS solutions include the Verifone e355 which is popular among larger retailers that want to enhance operations, improve customer service, build loyalty, and boost their bottom line. Verifone recently announced partnerships with Samsung and Aava Mobile to offer the e355 to these large retailers that also require barcode scanning, customized screens, Wi-Fi connectivity and other capabilities typically needed in enterprise retail environments.

The Verifone e265 is expected to be available in early 2016. For more information on the Verifone eSeries or any Verifone product, please visit www.Verifone.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and on currently available competitive, financial and economic data and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of VeriFone Systems, Inc., including many factors beyond our control. These risks and uncertainties include, but are not limited to, those associated with: successful rollout of our new Verifone e265 mPOS product offering, execution of our strategic plan and business initiatives and whether the expected benefits of our plan and initiatives are achieved, short product cycles and rapidly changing technologies, our ability to maintain competitive leadership position with respect to our payment solution offerings, our assumptions, judgments and estimates regarding the impact on our business of the continued uncertainty in the global economic environment and financial markets, our ability to successfully integrate acquired businesses into our business and operations, our ability to protect against fraud, the status of our relationship with and condition of third parties such as our contract manufacturers, distributors and key suppliers upon whom we rely in the conduct of our business, our dependence on a limited number of customers, the conduct of our business and operations internationally, our ability to effectively hedge our exposure to foreign currency exchange rate fluctuations, and our dependence on a limited number of key employees. For a further list and description of the risks and uncertainties affecting the operations of our business, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. The forward-looking statements speak only as of the date such statements are made. Verifone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

About Verifone

Verifone is transforming everyday transactions into opportunities for connected commerce. We’re connecting payment devices to the cloud—merging the online and in-store shopping experience and creating the next generation of digital engagement between merchants and consumers. We are built on a 30-year history of uncompromised security with 27 million terminals deployed worldwide. Our people are known as trusted experts that work with our clients and partners, helping to solve their most complex payments challenges. We have clients and partners in more than 150 countries, including the world’s best-known retail brands, financial institutions and payment providers.

Verifone.com | (NYSE: PAY) | @verifone

View source version on businesswire.com: http://www.businesswire.com/news/home/20151216005005/en/

Verifone
Kwiyoung Baumgarten, 770-754-3460
[email protected]

Source: Verifone

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