Leading Danish Retailers Select Verifone to Give Millions of Consumers More Cashless Pay Options at Checkout
November 28 2016 - 2:00AM
Business Wire
Dagrofa and REMA 1000 choose Verifone
Payment-as-a-Service solution for MobilePay, local debit,
international card payments
(TRUSTECH Stand #LER D 027) Today, Verifone (NYSE:PAY), a
global provider of payments and commerce solutions announced that
Dagrofa, Denmark’s third largest retail company, and REMA 1000, the
country’s fastest growing discount chain, have recently selected
Verifone to enable more options for the way consumers shop and pay
in their stores. Dagrofa and REMA 1000 represent significant wins
and growing market share for Verifone.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20161127005040/en/
With its chamber of commerce proposing to make all money
transactions electronic, Denmark is a leader in the world’s shift
towards cashless societies with approximately 80 percent adoption
of non-cash payments. The country is also home to one of the
world’s most progressive and widely adopted mobile payment schemes.
MobilePay, created by Danske Bank, is installed in more than 90
percent of Danish consumer smartphones, and is only surpassed by
Facebook and Messenger in app acceptance.
By upgrading to Verifone, Dagrofa and REMA 1000 will be playing
a significant role in driving consumer adoption for mobile payment
in the country, as it is ready for future mobile payment options
such as plans by Dankort, the country’s national debit card, to
enable payments through consumer mobile devices.
”We already support MobilePay, but now we are first in Denmark
to integrate mobile payment with card payment in just one piece of
hardware. We want to make it even easier for our customers to make
digital payments. Verifone has all the necessary functionality and
provides an open and very straightforward solution at the cash
register. Combining every type of payment in the same device makes
life easier for both customers and our employees. Our goal is to
deliver excellent experiences related to food, and Verifone’s
solution will help us deliver on this goal,” says CEO Per Thau from
Dagrofa.
“With the Verifone device upgrade, we can ensure our customers
will have an easy and convenient experience using their preferred
payment method whether it is a Danish or international card,
Dankort or MobilePay,” says CFO, Torben L. Sørensen from REMA
1000.
”We are very proud that Dagrofa and REMA 1000 have selected
Verifone as its payment solution provider. Our solution benefits
both our clients and their customers alike as it can handle many
payment methods including all payment cards and many mobile apps,”
says General Manager of Denmark Chris Lund-Hansen from
Verifone.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 for VeriFone Systems, 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 on currently available competitive,
financial and economic data 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.,
including many factors beyond our control. These risks and
uncertainties include, but are not limited to, those associated
with: successful rollout of cashless payment solutions with Danish
retailers, execution of our strategic plan and business initiatives
and whether the expected benefits of our plan and initiatives are
achieved, short product cycles and rapidly changing technologies,
our ability to maintain competitive leadership position with
respect to our payment solution offerings, our assumptions,
judgments and estimates regarding the impact on our business of the
continued uncertainty in the global economic environment and
financial markets, our ability to successfully integrate acquired
businesses into our business and operations, our ability to protect
against fraud, the status of our relationship with and condition of
third parties such as our contract manufacturers, distributors and
key suppliers upon whom we rely in the conduct of our business, our
dependence on a limited number of customers, the conduct of our
business and operations internationally, our ability to effectively
hedge our exposure to foreign currency exchange rate fluctuations,
and our dependence on a limited number of key employees. For a
further list and description of the risks and uncertainties
affecting the operations of our business, 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. The
forward-looking statements speak only as of the date such
statements are made. 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 Dagrofa
The group Dagrofa has a yearly turnover around 20 billion DKK
and has 16.500 employees. The Dagrofa group consists in Denmark of
the food store chains MENY, KIWI, SPAR, Min Købmand, Let-Køb and
the companies FoodService Danmark and Dagrofa Logistics.
About Verifone
Verifone is transforming everyday transactions into
opportunities for connected commerce. We’re connecting more than 27
million payment devices to the cloud—merging the online and
in-store shopping experience and creating the next generation of
digital engagement between merchants and consumers. We are built on
a 30-year history of uncompromised security. Our people are known
as trusted experts that work with our clients and partners, helping
to solve their most complex payments challenges. We have clients
and partners in more than 150 countries, including the world’s
best-known retail brands, financial institutions and payment
providers.
Verifone.com | (NYSE: PAY) | @verifone
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version on businesswire.com: http://www.businesswire.com/news/home/20161127005040/en/
VerifoneMatt Tapsell, 07920378670Verifone Head of Communication,
EMEAMatt.Tapsell@VERIFONE.com
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