MobilePay Live in Denmark and Coming to Merchants in Finland and Norway through Verifone Platform
June 27 2017 - 1:00AM
Business Wire
MONEY20/20 EUROPE – The most-used consumer app today in
Denmark, MobilePay, is already accepted by tens of thousands of
merchants and soon many more will be able to accept in Finland and
Norway. This is a result of an expanded partnership between
MobilePay, the speedy mobile payment app created by Danske Bank,
and Verifone (NYSE: PAY), a world leader in payments and commerce
solutions.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170626006236/en/
MobilePay Live in Denmark and Coming to
Merchants in Finland and Norway through Verifone Platform (Photo:
Business Wire)
MobilePay boasts more than 3.5 million users and is installed on
90 percent of consumer smartphones in Denmark—making it the
country’s most popular app after Facebook and Facebook Messenger.
MobilePay’s popularity, which is quickly spreading to neighboring
countries, are to be further strengthened by the remarkable speed
with which consumers can use it on their Android and iOS
smartphones to pay for purchases at merchants that have BLE-enabled
payment devices. Verifone’s open platform has expedited merchants’
ability to accept MobilePay from consumers, without requiring
stores to replace existing Verifone terminals.
“Consumers want the option to use their preferred method of
payment—MobilePay, or any other scheme for that matter—while they
shop,” said Mark Majgaard Wraa-Hansen, Head of MobilePay.
“Verifone’s versatility and integrated BLE features is why
merchants throughout Denmark will be able to so quickly accommodate
their customers and the millions of consumers that prefer
MobilePay. By expanding our collaboration with Verifone beyond
Denmark, we will also afford merchants in neighboring countries the
ability to quickly accommodate their customers that are among the
growing number of MobilePay users throughout the Nordics.”
“The widespread popularity of MobilePay, Denmark’s preferred
mobile payment app, demonstrates the whirlwind of change facing
merchants in today’s retail landscape,” said Per Kristian Nauste,
VP & General Manager Nordic/Baltic, Verifone. “As a result of
its speed and convenience, MobilePay stands to equally disrupt
consumers’ payment preferences in Finland and Norway, creating an
expectation that merchants should allow them to pay with the app
anytime, anywhere. The flexibility of our platform will enable
merchants in these countries to quickly and easily accept MobilePay
with their existing Verifone devices—another example of how our
solutions help merchants create experiences their customers want
and keep up with ongoing regulatory, consumer and technology
change.”
Learn more about how Verifone collaborates with consumer payment
apps at Verifone Stand D10-36M2, Money20/20 Europe, June 26-28,
Copenhagen, Denmark.
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 support of the MobilePay application on our
payment terminals in Norway, Finland and Sweden, 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 30 million devices and
terminals deployed worldwide. Our people are 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
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170626006236/en/
VerifoneKwiyoung Baumgarten, +1
678-358-6982Kwiyoung.baumgarten@verifone.comorPeter Kjærgaard, +45
25424202peter.kjaergaard@mobilepay.dk
Paymentus (NYSE:PAY)
Historical Stock Chart
From Aug 2024 to Sep 2024
Paymentus (NYSE:PAY)
Historical Stock Chart
From Sep 2023 to Sep 2024