Verifone Engage Goes Live in Europe
November 21 2016 - 8:00AM
Business Wire
German Fashion Retailer Introduces Next
Generation Device for Fast, Secure, Convenient Consumer Experiences
in Time for the Holidays
Verifone (NYSE: PAY) announces the European launch of Verifone
Engage with the all-in-one countertop solution, Verifone V200c,
installed at Anne Rueschenschmidt, a boutique fashion retailer in
Rheine in northern Germany. A key strategic milestone in building a
commerce-enabled payment infrastructure in Europe, Verifone Engage
family of devices are now available to small- to medium-sized
businesses (SMB) across Germany through InterCard, a leading
network service provider (NSP) acquired by Verifone in 2015.
Targeting hundreds of thousands of SMBs in Germany, Verifone is
working through InterCard and other NSPs to reach retailers that
will need a smart, affordable payment technology and design upgrade
to accept increasing payment options at faster speeds, and meet
local regulatory requirements by the end of 2017.
“The Verifone Engage family approach offers consistently
high-quality and design, security, and multidimensional features
for enhanced retail experiences and new levels of personalization
with consumers,” said Markus Hoevekamp, vice president and general
manager, Verifone Germany. “The power, performance, and quality of
Engage are especially reassuring for our partners as adoption
spreads across Europe where more retailers are embracing connected
commerce technologies in their stores.”
Secure payment, ease-of-use and modern optics were determining
factors for owner Anne Rueschenschmidt who said: “We had many
customers using the new device during our first weekend and we were
happy to smoothly and quickly accept contactless payments. We are
now in the process of equipping four more stores with Verifone to
prepare for a busy holiday season when we are keen to serve
customers efficiently using the latest technology.”
The key features of the compact, ergonomic V200c are ideal for
the needs of small- to medium-sized retailers wishing to always
stay connected with traditional Ethernet dial-up or more advanced
connectivity options like WiFi and Bluetooth. The V200c accepts all
payment types including NFC/contactless, mobile wallets, mobile pay
and EMV chip cards. With more memory to support rich, multimedia
apps, merchants can integrate the device with a cash register or
use as a standalone solution for the greatest possible flexibility
available in the market.
Empowering acquirers, merchants and service providers with
unique commerce opportunities through our open and flexible
architecture, the Verifone Engage family offers the best of
physical, mobile and online consumer interactions helping
businesses drive meaningful relationships with real-time
personalization such as loyalty programs, unique offers, and
rewards.
To experience Verifone devices and services, visit Verifone at
Stand #LER D 027 during Trustech, November 29 – December 1, 2017,
Cannes.
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 Engage product solutions in Germany, 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 VerifoneVerifone 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 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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VerifoneMatt Tapsell, +44 (0)7920
378670matt.tapsell@verifone.com
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