Leading Supermarket Chain Selects France’s First EMV Level 2 PINpad For Migration to CB5.2
United Kingdom - February 02, 2004 - Verifone Inc., the worldwide leader in electronic payment solutions, today announced that leading international multi-lane retailer, Groupe Casino, has chosen Verifone’s SC 5000 PINpad to migrate to the latest French payment standard based on EMV specifications, CB5.2. A successful store pilot, involving 85 PINpads has already taken place in supermarkets in Saint Etienne and Clermont Ferrand, and in hypermarkets in Firminy and Quimper. More than 6000 units are due to be integrated with Casino’s electronic cash registers (ECRs) in 400 hypermarkets and supermarkets throughout France, beginning in March 2004.
The SC 5000 is the first EMV Level 2-certified PINpad available on the French market. As part of the solution implementation, Casino’s ECRs will be equipped with SoftPOS, the integrated Electronic Fund Transfer (EFT) software developed by Verifone and upgraded to the latest payment standards by French partner, AtosEuronext Payment Solutions. The entire solution recently received CB5.2 EMV pilot approval by GIE Cartes Bancaires.
Jean Luc Galzi, IT Director for Groupe Casino, commented, “The results from the pilot project proved the high quality and performance of the SC 5000, and confirmed that Verifone provides the best solution to implement the new payment standard in our key stores.”
Commenting on today’s announcement, Nigel Bidmead, EMEA Managing Director for Verifone said, “The SC 5000 moves from strength to strength as the EMV upgrade device of choice, enabling our customers to migrate to new standards quickly and with total confidence.”
In addition to CB5.2 compliance, the SC 5000 is a plug and play device, enabling it to be integrated with other integrated EFT software available in the French market. The SC 5000 is protected by a comprehensive array of hardware and software-based security features and adheres to Triple DES (3DES) encryption standards being adopted by the payment industry to raise the level of fraud protection for PIN-based debit transactions.
The SC 5000 PINpad provides the easiest way to upgrade existing terminals or electronic cash registers to support EMV requirements, and is the only peripheral device chosen as part of the Visa Smart Breakthrough Acceptance Device program designed to accelerate EMV throughout the world.
About Verifone, Inc
Verifone, Inc., recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. Verifone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. Verifone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. Verifone has shipped over eleven million electronic payment systems.
About Groupe Casino
Present in 15 countries throughout the world, Groupe Casino is one of the leaders in the multiformat food business, with more than 200,000 employees. In 2003, Casino’s total consolidated sales (excluding VAT) reached 22.9 billion euros. In France, the main focus of Casino’s business, the group is present through the Géant stores, and the Casino, Monoprix, Franprix, Leader Price, Petit Casino, Spar and Vival supermarkets. Abroad, Groupe Casino has roughly 2000 stores, mainly throughout Europe and Latin America. More information on the website www.groupe-casino.fr.