Tri Star and truenorth stores select Verifone’s EMV-ready Petroleum and C-Store Management and POS Solutions
October 12 2015 - 6:45AM
Business Wire
(NACS Show Booth #5625) – Verifone (NYSE: PAY) today
announced that Tri Star Energy and truenorth have each selected a
comprehensive suite of EMV-ready petroleum and c-store management
and point of sale (POS) solutions from Verifone for deployment
across all company-owned and affiliate locations.
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Tri Star and truenorth stores select
Verifone’s EMV-ready Petroleum and C-Store Management and POS
Solutions (Photo: Business Wire)
EXPEDITED EMV MIGRATION
Verifone’s solutions will enable Tri Star and truenorth to
accept EMV payments in their company-owned and affiliate locations.
The solutions will also assist both companies with their EMV
migration at the pump in connection with the scheduled October 2017
EMV liability shift that applies to the petroleum forecourt. The
rollouts, which are currently underway and expected to be completed
by the end of 2015, are being managed by Verifone’s Authorized
Service Contractor network.
“Verifone provides the most comprehensive solutions to meet the
demands of petroleum and convenience stores as we and the industry
respond to changing consumer needs and regulatory requirements,”
said Steve Hostetter, CEO of Tri Star, which is deploying Verifone
solutions across approximately 150 retail and wholesale locations
in Tennessee, Kentucky and Georgia.
truenorth is deploying the Verifone solutions at 110
company-owned stores and 100 marketer affiliates in Ohio, Illinois
and Michigan. Lindsay Lyden, vice president of Development for
truenorth said, “This deployment will help our store operators
improve operational efficiency while providing customers with
faster service and confidence that we’ve deployed the latest in
secure payment solutions.”
FROM STORE COUNTERTOP TO PUMP MANAGEMENT
Both Tri Star, headquartered in Nashville, and truenorth,
headquartered in Brecksville, OH, have selected a comprehensive
lineup of Verifone solutions, including:
- Commander Site Controller: Verifone’s site management software platform
that supports all petroleum and card brands, providing increased
speed in at-the-pump and in-store payment acceptance, fueling
operations and back office control with IP-based data transfer and
cloud-based remote management capabilities.
- RubyCi:
combines Commander Site Controller with Verifone’s latest POS
workstation, Ruby2, which provides a touch-screen console and
multicore processor for fast, efficient order taking and payment
processing in a format that preserves counter space.
- Topaz XL:
Verifone’s point of sale workstation, featuring an industry-first
combination 15-inch touch screen display and 120-key keyboard. The
system features a rich library of reports that are loaded with
vital information that enable store managers and site owners to
better understand and manage their business.
- The MX 915 and MX 925 consumer-facing,
multimedia payment devices that can engage consumers in new
ways with full-motion video display.
ENHANCING THE CUSTOMER EXPERIENCE
“Tri Star and truenorth stores will enhance the fueling,
shopping and payment experience for customers in two key US
regions,” said Dan Yienger, senior vice president of Petroleum for
Verifone. “With convenient and secure payment systems, the latest
countertop workstations and powerful and flexible control
platforms, both companies are prepared to meet EMV and other
changing industry requirements, and they will be able to quickly
adapt to future needs as well.”
ADDITIONAL RESOURCES
- Making the Move to EMV at the Pump?
3 things to consider
- YOUTUBE: Commander Site Controller
from Verifone
- INFOGRAPHIC: Partners at the
Pump—Verifone & Gilbarco Veeder-Root
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 petroleum EMV-ready POS solutions,
market acceptance of our product and services offerings, 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 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/20151012005311/en/
VerifoneAlex Shorter,
+1-770-754-3608Alex.shorter@verifone.com
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