Verifone Announces the Sleekest, Most Advanced Multilane Payment Device Ever
January 11 2017 - 8:00AM
Business Wire
Newest member of the Verifone Engage family
expands on success of industry-leading MX series with unprecedented
investment protection, consumer engagement capabilities, and
seamless transition
NRF Retail’s BIG Show Booth #3543 - Verifone (NYSE:PAY),
a leader in payment and commerce solutions, will debut the Verifone
M400, the sleekest, the most advanced and intuitive multilane
payment device ever, at the 2017 NRF Retail’s Big Show in New York
City.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170111005546/en/
Verifone M400- The Sleekest, Most
Advanced Multilane Payment Device Ever. (Photo: Business Wire)
Offline and online commerce are rapidly converging. Brick &
mortar retail models are rapidly changing. And consumers are
increasingly demanding simple, fun and secure experiences no matter
where or when they shop. Multilane merchants need a platform
capable of supporting their vision for the future including digital
offers, loyalty and payment, targeted marketing and seamless
omni-channel connectivity. Verifone designed the M400 to enable
this for its department store, specialty retailer, grocery store,
hotel, quick service restaurants and convenience store clients.
"The M400 represents an entirely new level of design innovation
for multilane merchants," said Glen Robson, EVP of Verifone
Solutions. "We have the advantage of working with the world's best
retail brands, and leading technology companies. And we spent
countless hours working with our clients and partners to develop a
device capable of fueling their vision for the future of retail
commerce."
Welcome to Advanced Commerce
The Verifone M400 is designed to serve as a cornerstone of a
complete vertical solution. It will easily integrate with
Verifone's Point Payment Solutions; Verifone Estate Manager
(formerly VHQ); the Verifone Commerce Platform; Verifone e-Series
mobile devices; and other Verifone Engage family devices.
The M400 expands on the success of Verifone’s industry-leading
MX series while incorporating new innovations and features for
unprecedented investment protection, consumer engagement
capabilities, and a seamless transition for merchants using MX 900
series devices.
Benefits for merchants include:
- Accept any payment: EMV-capable,
with integrated NFC and Bluetooth Low Energy (BLE) for acceptance
of all popular mobile wallets
- Safe and secure: fully-supported
PCI-certified device, compatible with Verifone end-to-end
encryption and tokenization solutions for multi-layered
security
- Designed for consumers: sleek
design, smaller footprint than Verifone MX series devices, and
an enhanced, multi-touch, intuitive user interface
- A marketing machine:
stunning 5-inch display, split screen capabilities, increased
memory to support full-motion video and hi-resolution graphics
- In-store targeting: Bluetooth
and Bluetooth Low Energy (BLE) support for identifying consumers
and delivering personalized offers via beacons
- Build once, port multiple:
highly secure Linux-based OS, development tools and App
Marketplace, seamless porting of MX900 series to M400
- Backwards compatibility:
Verifone MX clients can leverage their existing installation to
simplify upgrades (e.g.: cable, stand), saving on unnecessary
costs
- Retail ready: extreme durability
for high-traffic multilane environments
“The Verifone M400 is an impressive solution that is ideal for
meeting the growing demands of merchants and consumers in markets
such as the Nordics that are serious in their efforts to drive
advanced commerce,” said Hans Petter Hoel, CEO of Retail Payment, a
Norway-based payment acceptance platform provider owned by the
country’s leading retailers. “Our common goal is to ensure that
future payments are customer-friendly, secure and cost efficient.
As Retail Payment introduces an open omni-channel platform to the
market as the de facto standard infrastructure for future payments,
innovations such as the M400 improve the customer experience in
store.”
Demo the Verifone M400 at the NRF Retail’s Big Show, January
14-17 in New York City. It will be available mid-summer 2017,
initially in the U.S. and Norway.
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 our new M400 solution, 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 Verifone
Verifone is transforming everyday transactions into
opportunities for connected commerce. We’re connecting 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 35-year history
of uncompromised security with approximately 29 million devices and
terminals deployed worldwide. 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/20170111005546/en/
VerifoneKwiyoung Baumgarten,
770-754-3460Kwiyoung.baumgarten@verifone.com
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