Broadest Product Line Compliant with New Security Standards to Meet Any Merchant Need
San Jose, CA - June 26, 2007 - Verifone Holdings, Inc. (NYSE: PAY) today announced that its portfolio of PCI PED-approved payment solutions now numbers 25 systems. The milestone achievement ensures Verifone’s ability to provide compliant systems for any conceivable merchant need utilizing any communications protocol.
As of January 1, 2008, all payment systems sold for PIN entry use must comply with the Payment Card Industry PIN Entry Device standard. Verifone leads the industry in conformance to this payment security requirement with products for countertop, mobile, drive-thru, consumer-facing, and hand-over PIN pad use, as well as Encrypting Pin Pad solutions for unattended PIN entry environments (PCI EPP).
Verifone’s PCI PED-compliant portfolio features a complete range of communications options, including GPRS and CDMA cellular, Wi-Fi, broadband Ethernet, Bluetooth, and dial.
“Verifone’s vision, investment and commitment to upholding the latest security standards has produced a line-up that features twice as many products as those of our closest competitors and is commercially available well in time to meet certification testing schedules with processors and acquirers,” said Paul Rasori, Verifone vice president of global product marketing. “We are fully prepared for the PCI PED era and ready to fulfill virtually any client need with a compliant product.”
Verifone stands alone in the industry with two full product lines that are PCI PED-compliant, the Vx Solutions and MX Solutions families, as well as the new QX 720 and comprehensive next-generation offerings in the NURIT, Secura, OpenPAY, and Xplorer families. In every product category, Verifone has an updated or next-generation product to ensure smooth migration for existing customers.
About Verifone Holdings, Inc.
Verifone Holdings, Inc. (“Verifone”) (NYSE: 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.