Introducing Verifone’s Most Flexible Mobile Pay Solution to Help Retailers Improve the Checkout Experience and Grow
January 12 2018 - 8:00AM
Business Wire
NRF Retail’s BIG Show Booth #3345 - As the retail and
payment ecosystem evolves, merchants want to reduce friction in the
checkout process and engage consumers in new and innovative ways.
To offer flexible and engaging payment experiences anywhere in the
store; enable self-checkout kiosks; and give merchants a dynamic
way to make the final inch of the sale a smooth
process; Verifone (NYSE: PAY) introduces the Verifone e280
mobile point-of-sale (mPOS) solution.
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Most Flexible Mobile Pay Solution (Photo:
Business Wire)
Long cashier lines have been associated with frustrated
customers and loss of sales as the average consumer won't wait
more than 10 minutes to pay for items in stores. According to
the IHL Group, merchants who have embraced mobile devices to
perform tasks and help customers from anywhere in the store, are
experiencing higher annual sales increases.
“Retail is greatly influenced by consumer behaviours and
experience, and merchants are looking for technology that is
adaptable to changing consumer expectations while complying with
complex security standards,” said Glen Robson, EVP, Global Head of
Solutions, Verifone. “We are committed to enabling merchants of all
sizes to do what really matters—engage their customers and grow
their businesses. The ultra-modern e280 mPOS will be the perfect
solution merchants can use to provide great service while securely
accepting all payment types wherever customers are in the
store.”
Part of the Verifone Engage family line, the e280 will meet
current PCI 5.X SRED requirements and the needs of tier one
retailers and smaller micro merchants. A wide range of accessories
enables support for all mobile use cases such as in-aisle checkout,
on-the-go delivery and trade services, and unassisted kiosks in
retail or quick-service restaurants. Additionally, Verifone
simplifies payment complexity for small businesses with an
iOS/Android POS and gateway solution, which is easy to setup and
use.
Key features include:
- Acceptance of NFC, QR codes, mobile
wallets, EMV, and virtually all other payment types.
- Customer-friendly, large 3.5" color
touchscreen for easy on-screen interaction, signature capture and
secure PIN entry.
- Bluetooth BLE and WiFi capability to
ensure optimal mobile use and enable beacons.
- Long-lasting battery life for merchants
to process transactions for 10+ hours without needing to
recharge.
- A USB-C connector, the
industry-standard for transmitting both data and power.
- Full suite of accessories: gang
charger, counter stand, wall mount, and barcode scanner/
smartphone/tablet cases that are ideal for all-day use in “grab
& go” merchant environments.
- Ability to access and download
third-party apps for valuable business tools and consumer
engagement solutions.
- Integration to Verifone’s Estate
Manager, which allows merchants to remotely access devices and
valuable reporting information.
Verifone Engage is a fully-integrated, Linux-based product
family, encompassing a complete range of payment solutions and
services including the newly launched Verifone Connect, for
merchants, acquirers, and service providers, with a goal to
bring unique value to the POS and the consumer experience with
intuitive, connected and commerce-enabled solutions.
For demos of all Verifone devices and services including
Verifone Connect applications, please visit booth #3345 at NRF in
New York City, January 14-16, 2018.
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 Engage solutions, 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. We may also
provide material information about us on our investor relations
website at www.ir.verifone.com, in company press releases and in
social media postings. 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 who
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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VerifoneKwiyoung Baumgarten, 678-358-6982Press@verifone.com
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