Global | Change

Verifone expands offerings to large retailers in US and Canada with AJB Software acquisition

Verifone has signed an agreement to acquire AJB Software Design, a Toronto-based provider of payment gateway and switching solutions for large merchants in the US and Canada. Approximately 150 large retailers in the U.S. and Canada rely on AJB's on-premise gateway and other solutions to connect nearly a half million payment devices. AJB connects devices from Verifone and other providers to more than 100 processors and applications - such as government benefits, stored value cards, and fleet cards - required by supermarkets, c-stores and other merchants. Acquiring AJB will better enable Verifone and its partners (such as ISVs and acquirers) to deliver payment and commerce services that meet merchants' demands for additional simplicity, security, flexibility and functionality. January 15, 2016