Verifone is an American multinational company based in San Jose, California, which provides technology for electronic payment transactions and value-added services at the point of sale. Verifone sells systems for retailers, consumers and self-service payment systems for the financial, retail, hospitality, oil, government and healthcare sectors. [Buzzword] system solutions consist of POS electronic payment devices that operate their own operating systems, security and encryption software, and certified payment software, and are designed for both consumers and unattended environments.
Its products process a variety of payment types, including signature and personal identification (PIN) debit cards, credit cards, contactless / radio frequency identification cards, smart cards, prepaid gift and other stored value cards, electronic payment, authorization and conversion checks, signature capture and electronic benefit transfer (EBT).
In 2018, Verifone acquired Francisco Partners for $ 3.4 billion. The company’s architecture enables multiple applications, including third-party applications such as gift card and loyalty card programs, health insurance capability and time and attendance, and allows these services to be placed on the same system without the need for re-certification. new applications.