Verifone Holdings, Inc. (NYSE: PAY), announced today that Naville Détail, an extensive network of local retail outlets and products designed to cater for the needs of the Swiss consumer, has contracted for 1,600 Vx 570 payment solutions to run multiple payment applications at its 190 locations.
Naville Détail ordered the Verifone systems through CCV-Jeronimo of Nyon, a leading supplier of payment systems in Switzerland and a Verifone International Partner. Naville Détail, a unit of Naville Distribution SA Group, operates the Naville and Relay brands, providing publications and food items to 160,000 customers daily.
“CCV-Jeronimo has provided high quality of service to Naville Détail for several years and this order reflects the value of that relationship and Verifone’s industry-leading payment solutions,” said Adam Biedrzycki, General Manager for Verifone Continental Europe.
Naville Détail selected the Vx 570 with dial and Ethernet connectivity to accept payment cards and to provide mobile and phone card top-up, as well as Western Union money transfer services.
“Verifone’s global leadership in payment security, combined with CCV-Jeronimo’s ability to work with any acquirer in Switzerland, makes the Vx 570 a fast and flexible solution for Naville Détail with all the speed and power needed for reliable payment processing and multiple payment applications,” said Jean-Marc Schreiber, CEO of CCV-Jeronimo (Suisse) SA.
The smart and stylish Vx 570 is PCI PED and EMV Level 1 and 2 approved to offer the most reliable security available. Its anti-glare, white backlit display provides exceptional readability and a USB memory drive allows for instant software downloads.
About Verifone Holdings, Inc. (www.verifone.com)
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.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for Verifone Holdings, Inc.:
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of Verifone Holdings, Inc. These risks and uncertainties include: our ability to successfully deliver innovative security solutions for protection of cardholder data, our customers' acceptance and adoption of our newly released products and applications, our ability to protect against fraud, the status of our relationship with and condition of third parties upon whom we rely in the conduct of our business, our dependence on a limited number of customers, uncertainties related to the conduct of our business internationally, our dependence on a limited number of key employees, short product cycles, rapidly changing technologies and maintaining competitive leadership position with respect to our payment solution offerings. For a further list and description of such risks and uncertainties, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. Verifone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.