State-owned Bank of China has contracted with US eftpos vendor Verifone for the supply of nearly 16,000 wireless and countertop payment terminals.
Under the agreement VeriFone will provide Bank of China with its PCI-PED approved wireless NURIT 8000 and Vx610 terminals.
The vendor says the terminals are ideal for outdoor markets, delivery services and for adding extra lanes during peak business hours.
Verifone will also supply its countertop NURIT 2930, which incorporates a dial up modem and sprocket printer.
The vendor says Bank of China, which is already a customer, will take delivery of the terminals this year.
"We have worked closely with the bank in providing card payment capabilities to merchants and look forward to continued success in expanding the market for card-based purchases in China," says William Nichols, general manager, Asia, VeriFone.
The deal is the latest contract win in China for VeriFone, which has previously inked deals with China Union Pay and China Postal Savings Bank.