Global | Change

Verifone Fact Sheet

Verifone is the global leader in secure electronic payment solutions, providing expertise, solutions and services that add value to the point of sale.

Key Facts About VeriFone

Active Countries
#1 or #2
In Most Markets
Systems Installed Globally
Revenue From Services
~ $1.86B
FY14 Revenue

Products & Markets

Verifone provides merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare industries. The company's solutions are utilized by merchants, processors and acquirers in developed and emerging economies worldwide.

R&D Facilities

Turkey, Australia, Argentina, Brazil, China, France, India, Ireland, Israel, Italy, Philippines, Poland, Russia, Spain, Taiwan, United Kingdom, United States, Uruguay

Recent Awards

  • 2015 Payments Power 10: Verifone CEO Paul Galant recognized at PayExpo 2015 for being internationally voted as one of the “Top 10 Contributors to the Payments Industry”
  • 2015 Contactless & Mobile Award (CMA): Verifone presented with a CMA for Commerce Enablement project with Sunoco.
  • 2015 NACHA Payments System Award: Verifone receives The George Mitchell Payments System Excellence Award for its leadership in user education and readiness in support of EMV.
  • 2015 Most Influential Women in Payments: Jennifer Miles, President of Verifone Americas, recognized by PaymentsSource as one of 2015’s Most Influential Women in Payments.
  • Verifone ranked as a Top 10 payment innovator by the Payments Innovation Index (Pii360) on March 20, 2015
  • 2014 FStech/Retail Systems Payments Awards:  Verifone won in the “Best In-Store Payments Solution” category for its Payment as a Service deployment for Gondola Restaurant Group.
  • RetailShow 2014: Verifone won Most Innovative Solutions award for its multimedia payment terminal solution.
  • 2014 Digital Out of Home Awards: Verifone Digital Network (VNET) won the Viewers’ Choice award for its Aria Resort & Casino promotion campaign, and “Best Execution Promoting a Brand within Industry Vertical” for AMEX Pay with Points.
  • DSA Crown Awards: Verifone won the gold in the “Point of Wait” category for its Aria Resort & Casino promotion campaign.
  • 2014 Stevie Awards:  Way2ride won the gold for New Transportation Product or Service of the Year, New Travel App, and Favorite New Transportation Products
  • The Banker’s Technology Project of the Year Award 2014: VeriShield Protect won Project of the Year in the Risk Management category
  • 2014 Golden Bridge Award: VeriShield Protect won the gold for Best Case Study and Deployment in the USA
  • 2014 Appy Award: Way2ride won the 2014 Appy Award for Best Mobile Payments
  • 2014 Merchant Payment Ecosystem Award PAYware Mobile won the mPOS category, the 2nd year in a row that Verifone has won a MPE Award.
  • 2014 PaymentsSource Most Influential Women in Payments Jennifer Miles, Vice President, Verifone Americas, recognized as one of the top 20 executives in the payment industry.
  • 2014 EuroShop Award Verifone H5000 countertop card reader won the Bronze in Retail Payments category.
  • 2014 CardNotPresent (CNP) Award: Way2ride won the Customer Choice Award in the Best Alternative Payments category

1980-1984 Highlights & Important Events

  • Verifone founded and incorporated in Hawaii on April 14, 1981.
  • Verifone launches its first product - Veri-Fone (standing for VERIFication telephONE). Performed check verification and credit authorization. The Veri-Fone device was one of first terminals designed to replace voice authorization with electronic authorization of credit card transactions. First order received for 200 Veri-Fones from Tymshare.
  • The first Verifone office opens in downtown Honolulu, HI in 1982.

1985-1989 Highlights & Important Events

  • Verifone starts its Verifone International Partner (VIP) program in 1988, helping international partners develop and market system solutions to Verifone customers around the globe.
  • Verifone ships its 1 millionth system in 1989.
  • The Wall Street Journal touts Verifone as one of 56 "Corporate Stars of the Future."
  • Verifone hosts the first industry-wide conference on Transaction Automation.

1990-1994 Highlights & Important Events

  • In 1990, Verifone goes public, opening on the NASDAQ stock exchange.
  • Verifone is featured in Forbes Magazines as one of America's 200 Best Small Companies in 1991. The company is also featured in 1992 and 1995.
  • Verifone introduces the first smart card reader.
  • Verifone expands service offerings with Verifone Finance in 1994.

1995-1999 Highlights & Important Event

  • In 1995, Verifone moves from the NASDAQ to the New York Stock Exchange, listed as VFI.
  • In 1996, the company enters its 100th country, makes its debut on the World Wide Web and introduces a suite of Internet commerce products for consumers, merchants and processors.
  • In 1997, Verifone is acquired by Hewlett-Packard and is recognized by the Computerworld Smithsonian Awards for its visionary use of information technology in the field of Business and Related Services.

2000-2004 Highlights & Important Events

  • Verifone, Inc. is acquired by Gores Technology Group in 2001.
  • Verifone and McAfee develop the first POS payment terminal virus protection solution in 2004.
  • Verifone plays a crucial role in shift of food stamp benefits from a paper system to an electronic program.
  • Verifone expands dominance in Quick Service Restaurant (QSR) market with IP-enabled payment solutions.
  • Verifone expands global presence by opening regional headquarters in the Philippines.

2005-2009 Highlights & Important Events

  • Verifone Holdings Inc. holds its IPO, listing on the New York Stock Exchange with ticker symbol PAY in 2005.
  • Verifone opens an international headquarters in Singapore in 2006.
  • Verifone targets Latin America integrated systems growth with new regional integrated systems organization in 2008.
  • In 2009, PAYware Mobile for iPhone launched, allowing for secure mobile transactions.

2010-NOW Highlights & Important Events

  • Verifone Holdings changes its name to Verifone Systems, Inc.
  • PAYware Mobile Enterprise wins prestigious SESAMES awards at CARTES, Paris.
  • Verifone and Google partner to power NFC-based mobile payments.
  • In 2012, Verifone jumpstarts merchant EMV migration.
  • Verifone extends convenience store digital media reach with LIFT Retail acquisition.
  • Verifone ranked as a Top 10 payment innovator by the Payments Innovation Index (Pii360) on March 20, 2015