Global | Change

Verifone Wins Order from China Construction Bank

Contract for 10,000 Payment Systems, Including V<span class="Superscript">x</span> Solutions and NURIT Models January 31, 2008 Beijing, China

Verifone Holdings, Inc. (NYSE: PAY) announced today that it has been awarded a contract by China Construction Bank (CCB) for 10,000 or more countertop and wireless payment systems from the Vx Solutions and NURIT product lines.

CCB will deploy an array of PCI-PED and EMV approved Verifone systems, including Verifone’s wireless NURIT 8000 and countertop Vx 510 with thermal printer and NURIT 2930 with sprocket printer solutions, to suit varied merchant needs.

Headquartered in Beijing, CCB is one of the four largest commercial banks in China, with a network of over 13,000 branches and sub-branches in mainland China. It was the first of the four leading commercial banks in China to list on the Hong Kong Stock Exchange.

“We are pleased to continue our relationship with CCB as one of its top suppliers of payment solutions,” said William C. Nichols, senior vice president, Global Marketing, and general manager, Asia-Pacific. “China’s continuing expansion of merchant card processing capabilities represent’s one of the most vibrant markets for Verifone payment systems.”

CCB’s order leverages the breadth of Verifone’s extensive product portfolio, providing the bank’s diverse merchant base with optimized solutions for their individual environments.

For “on the go” merchants, the NURIT 8000 is a lightweight, wireless handheld device enabling fast, secure, error-free transactions.

For traditional countertop needs, the Vx 510 offers superior performance for payment and value-added applications, such as telco top-up, loyalty and gift cards while the NURIT 2930 with sprocket printer is also able to print payment receipts on special pre-printed forms. -ends-

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.

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