Global | Change

Verifone MX870 Wins Innovation Award

Next-Generation Multimedia Device Cited in Excellence in Payments Innovation Awards April 05, 2006 London, UK
London - April 5, 2006 - Verifone Holdings, Inc. (NYSE: PAY) today announced that it has taken a top prize at the European Payments Consulting Association (EPCA) and European Card Review (ECR) Excellence in Payments Innovation Awards 2005. Verifone’s multimedia MX870 solution was awarded Silver prize in the category “Most Innovative Terminal Solution launched during 2005”. The awards ceremony took place on Tuesday 4 April at the EPCA Conference in Amsterdam.

The awards, now in their second year, were set up by the EPCA and leading payment cards magazine European Card Review to recognise the banks, sector vendors, telcos, merchants and processors that have made an outstanding contribution to Europe’s payments business during the year. The EPCA, which judges the awards, is a pan-European association of consulting firms that provide expertise in payment systems and payment products. Members include Arti Strategic Consulting (Turkey), Innopay (Netherlands), Payment Systems Europe (UK), PaySYS Consulting (Germany), PlusCON Consultants (Denmark) and smartdreams (France).

“We are delighted that the innovation of the next-generation MX870 has been recognised by the EPCA,” said Nigel Bidmead, EMEA Managing Director for Verifone. “Product innovation is a cornerstone of Verifone’s success and we are extremely pleased to have been selected as a winner in this key category.”

The MX870 is the first of a new generation of integrated, multimedia devices, combining payment processing with full-motion video, a vibrant 65,536-colour display, and high quality digital sound to deliver unprecedented digital signage opportunities for branding, promotion and advertising at the Point of Sale.

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About Verifone Holdings, Inc.
Verifone Holdings, Inc. (“Verifone”) (NYSE: PAY), a global leader in secure electronic payment technologies, provides expertise, solutions and services for today with a migration strategy for tomorrow. Verifone delivers 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.