Global | Change

Verifone Reimagines Retail and Powers the Future Shopping Experience

Next-Generation Mobile, Multimedia and Payment Solutions Create Intelligent Interactions Between Retailers and Consumers  January 16, 2012 NEW YORK, NY

PAYware Mobile Enterprise 1PAYware Mobile Enterprise for Tablet, introduced today at NRF, provides a comprehensive secure payment acceptance solution for iPad and also works with Verifone's GlobalBay Mobile POS and Retailing applications.

Verifone Systems, Inc. (NYSE: PAY), today, reveals its next generation payment solutions and invites retailers to reimagine interaction, mobility, security and globalization.

New solutions introduced today expand Verifone's market-leading point-of-sale business with new multimedia, mobile technology, payment paradigms and cloud-based services that simplify and enhance the retail experience.

"Retailers hunger for new, more meaningful and profitable ways to engage with customers in-store and online. At the same time, consumers crave entertaining experiences powered by mobile devices and expect those types of intriguing and interactive experiences where they shop," said Jennifer Miles, Verifone executive vice president, North America. "What we're unveiling meets both retailer needs and consumer desires - creating new and exciting opportunities for everyone, everywhere."

Traditional Point of Sale

Debuting today is Verifone's MX 900 series, the next generation of Verifone's best-selling MX family, which blankets 70 percent of the top 200 retailers' countertops in the US.

The MX 900 line is the most sophisticated payment-enabled media solution that securely delivers powerful multimedia, content and payments to transform the traditional point-of-sale into a dynamic and intelligent point of engagement between retailers and consumers. Retailers can push relevant content to consumers on the fly, accept mobile wallets, offer digital couponing and loyalty programs, and connect with location-based social media.

Appealing to consumers' affinity for intuitive and exciting electronic devices, it packs the largest and brightest display in the industry into a slim, sleek design. The first two solutions in this series, the MX 915 and MX 925, will be available in North America mid-year, followed by phased rollouts to other geographies.

PAYware Mobile Enterprise 2Verifone's MX 925, introduced today at NRF, is one of two new payment-enabled media solutions that securely deliver powerful multimedia, content and payments to transform the traditional point-of-sale into a dynamic and intelligent point of engagement between retailers and consumers.

Mobile Point of Sale and Retailing

The latest in Verifone's GlobalBay Mobile POS and Retailing solutions are in action at forward-looking retailers across the US where innovation is just as important as fashion trends. These rich, cutting-edge applications allow retailers to service consumers wherever they are with engaging content on tablets and smart mobile devices such as the iPod touch, and tie into loyalty systems, link in-store experiences to e-commerce systems, and take payment from anywhere in-store.

Brighton Collectibles, C. Wonder Stores, GUESS and Eastern Mountain Sports recently revealed how they're transforming tablets and smartphones into roaming shopper-friendly systems that can incorporate POS, shopping assistant, online catalogue and on-the-spot inventory management.

Verifone expanded its mobile offerings today with the introduction of PAYware Mobile Enterprise for Tablet, a comprehensive secure payment acceptance solution compatible with Verifone's GlobalBay Mobile POS and Retailing solutions. Initially available for Apple iPad 2, PAYware Mobile Enterprise for Tablet provides the same award-winning card acceptance technology used with the iPod Touch and supports end-to-end security with VeriShield Total Protect card data encryption technology. The solution accepts traditional cards, PIN, EMV smartcards and NFC smartphone transactions. The built-in 2D barcode scanner makes inventory tasks and couponing easy.

Mobile Wallets

Verifone is putting Google Wallet at thousands of checkout lanes for the majority of retailers accepting this payment method, including American Eagle Outfitters, Bloomingdales, Champs, Foot Locker, GUESS, Macy's, Radio Shack, The Container Store and Toys 'R' Us.

In addition to Google Wallet, NRF attendees will have the opportunity to experience the Isis Mobile Commerce Application at Verifone's booth. Isis is the joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless.

Expect to see Verifone expanding the world of digital payments and mobile wallets including PayPal PIN and PayPal NFC over the months and years to come.

Empower Global Solutions

Verifone HQ, also introduced today, is an advanced estate management solution that spans multiple Verifone platforms and integrates with other enterprise software systems. From a web-based control center, Verifone HQ enables retailers to easily keep any POS system consumer ready by rapidly deploying new payment paradigms such as smart card and mobile wallet applications, social commerce applications and compelling digital content, including audio and video to customers. Verifone HQ will be available this year as a Verifone cloud-based solution.

The new introductions today uphold Verifone's commitment to help retailers meet the security challenges of a global and mobile economy with ironclad end-to-end encryption, tokenization, the world's broadest portfolio of PCI PTS devices, and vast global EMV solutions and experience.

Experience the Future of Shopping Now!

Visit Verifone at NRF, touch and feel the new retail experience and hear how its customers are creating cool new ways of engaging consumers while creating operational efficiencies and improving their bottom line.

  • Monday, Jan. 16, 4:45 - 5:15 p.m. - Hear how C. Wonder, the new brand from Tory Burch co-founder, Christopher Burch, decided to go mobile and create a whole new shopping experience. Room 3D05, EXPO Hall.
  • Tuesday, Jan. 17, 1:45 - 2:45 p.m. - GUESS and Pacific Sunwear will discuss how Verifone GlobalBay solutions create true multi-channel selling, guided selling and empower sales associates to engage customer on the store floor to create a new shopping experience with proven ROI. Room 3D04, EXPO Hall.

"From the traditional point-of-sale to virtual shopping assistants and mobile wallets, expect Verifone to deliver the most sophisticated, secure and trusted retail experiences around the world - just as we have for the last three decades," added Miles.

More details available on today's announcements:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for Verifone Systems, Inc.
This press release includes certain forward-looking statements related to Verifone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Verifone 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 Systems, Inc. These risks and uncertainties include: market adoption and acceptance of our new retailing solutions, 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.

About Verifone Systems, Inc. (www.verifone.com)
Verifone Systems, 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.

Editorial Contacts:

Pete Bartolik
Verifone Media Relations
Tel: +1-508-283-4112
Email: pete_bartolik@verifone.com

Victoria Brown
Zeno Group for Verifone Systems
Tel: +1-650-201-8825
Email: victoria.brown@zenogroup.com