Verifone Helps Pennies Raise £1Million for Charities
July 27 2016 - 4:00AM
Business Wire
Consumers make donations conveniently through
payment device at checkout
Verifone (NYSE: PAY), a world leader in payments and commerce
solutions, and Pennies, the digital charity box, today announced
that their partnership has reached a significant milestone by
helping to unlock £1million for charities in the United
Kingdom.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160727005404/en/
The Pennies application works by allowing consumers to donate
small sums to charity - always under £1 - by ‘rounding up’ or
‘topping up’ when paying by card in-store and online. Retailers
using Verifone’s devices and managed payment service can enable
donations as a seamless part of the payment process. Participating
retail partners include ASK Italian, Zizzi, Notcutts, and Evans
Cycles.
Approximately 37,000 donations are made each week via Verifone’s
merchants, with an average donation value of 23.5p. To date, over
4,400,000 micro-donations have been made across the partnership
totaling more than £1million. These funds have supported
more than 20 charities so far including Cancer Research UK,
Together for Short Lives, Great Ormond Street Hospital Children’s
Charity, and Cyclists Fighting Cancer.
June Felix, President Verifone Europe said: “We are delighted to
be working in partnership with Pennies where our technology is
helping good causes. Verifone is proud of our ability to innovate
and add value for merchants at the point of sale. Here we are
showing how our products and services can be used to benefit
consumers, retailers and charities alike.”
Alison Hutchinson CBE, CEO of Pennies said: “Verifone has helped
Pennies to collect more than 4 million micro-donations through its
retailers such as Zizzi, ASK Italian and luxury
brand Gieves & Hawkes. We’re currently working with
Verifone to integrate the digital charity box into the next
generation of in-store payment devices. We’re thrilled with all we
have achieved so far, and look forward to giving more digital small
change a big purpose for millions more customers.”
To find out more about how Pennies and Verifone collaborated
with UK restaurant chain Zizzi’s to enable charitable donations
please visit Verifone’s case study.
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: continued successful implementation of the Pennies
application with our merchant clients, 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 30-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
About Pennies
- Pennies is the digital equivalent of
the traditional charity collection box. We enable consumers to
round-up their bill at participating partners - to make their
pennies count for charity.
- Pennies estimates that if the UK’s card
holders donated 30p once a month over £150m would be raised for
charity every year.
- Pennies is enabled in a number of
well-known brands including Domino’s Pizza, Zizzi restaurants,
Topps Tiles, The Entertainer, The Fragrance Shop and Screwfix; as
well as a growing number of smaller merchants. For more information
on Pennies please visit: www.pennies.org.uk
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160727005404/en/
VerifoneMatt Tapsell, +44 (0)7920 378670Head of Communication
EMEAmatt.tapsell@verifone.comorPenniesRob Dyson, +44 (0) 7813 091
970Head of Marketing and
Communicationsrob.dyson@pennies.org.uk.
Paymentus (NYSE:PAY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Paymentus (NYSE:PAY)
Historical Stock Chart
From Apr 2023 to Apr 2024