Verifone’s Vx Solutions First Payment Platform to Achieve MasterCard PTS Approval
Full Array of Merchant Options for Complying with New IP Security Requirements
November 07, 2006
Paris, France - November 7, 2006 - (CARTES 2006, Booth 4 L 014) – Verifone Holdings, Inc. (NYSE: PAY; TASE: PAY) today announced that its Vx Solutions products are the first to achieve product-line compliance with the new MasterCard PTS security specification regarding security of IP-based systems.
The MasterCard PTS (POS Terminal Security) program approval applies to The Vx510 and Vx570 countertop systems, the Vx 610 portable powerhouse, as well as the Vx 670, the industry’s smallest all-in-one wireless handheld payment device for new market applications such as pay-at-the-table.
“Verifone’s commitment to meeting the strictest security requirements is reflected in meeting product-line compliance with this new security standard,” said Paul Rasori, Verifone vice president of Global Product Marketing. “With the Vx platform’s exceptionally powerful 32-bit ARM 9 processor, even transactions with the most advanced security can be completed at industry leading speeds.”
Verifone's security solution, Secure Socket Layer version 3.1 (SSL ver. 3.1) with advanced 128-bit AES/3DES encryption ciphers and 1024/2048-bit RSA public-key cryptography, provides an effortless path for all partners to come into compliance with MasterCard PTS program requirements. Vx Solutions delivers a complete portfolio of solutions across all vertical markets – core to flexible; fixed to transportable to handheld; clerk facing to customer facing. It leverages the Verix platform to give customers and partners one platform of devices, software, and programs that delivers infinite market opportunities.
About Verifone Holdings, Inc.
Verifone Holdings, Inc. (“Verifone”) (NYSE: PAY; TASE: PAY) is the global leader in secure electronic payment solutions. Verifone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. Verifone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.