VeriFone

VeriFone

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VeriFone

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Description:
VeriFone is a company that makes point-of-sale equipment. It was founded and incorporated in Hawaii in 1981, and named itself after its first product, the name standing for Verification telephone.

Hewlett-Packard acquired VeriFone in a $1.18bn stock-swap deal in April 1997. Four years later VeriFone was sold to Gores Technology Group in May 2001. VeriFone is based in San Jose, California and has offices in the United States, UK, Philippines, India and Singapore. It has R&D centers in the US, Ireland and India. The President and CEO is Douglas G. Bergeron.

Products

VeriFone, Inc. is a well-known brand in electronic payment solutions. Its principal product lines have included point of sale, merchant-operated, consumer-facing and self-service payment systems for multiple industries, notably financial, retail, hospitality, petroleum, government and healthcare markets.

VeriFone has sold numerous point-of-sale credit card reading products, including the ZON Jr (1984), Tranz 330 (1987), Omni 460 (1991) and Omni 3200 (1999) which were the most successful transaction terminals of their times. The company's most popular current products include the Omni 3700 Family, featuring the Omni 3750 and Omni 3740. In 2004, VeriFone introduced its newest line of products, Vx Solutions (also called VerixV). These include the Vx510 and Vx570, which are countertop terminals offering dial-up or Ethernet access, and the Vx610 and Vx670 which are portable, include...
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