VeriFone Holdings (NYSE: PAY) today announced that it has received approval from France's GIE Groupement des Cartes Bancaires for its advanced IP-enabled Vx Solutions countertop and portable payment solutions.
Following the certification, VeriFone has announced the availability of its VX 510 and VX 670 products, part of VeriFone's industry-leading Vx solutions systems, across the whole French market. The certification will mean that VeriFone now offers a complete range of payment solutions adapted to a broad range of market sectors.
VeriFone's countertop VX 510 combines superior speed and power to offer exceptional payment processing, plus increased memory to support a wide range of value-added applications. PCI PED-approved by Visa and MasterCard for debit and other PIN-based transactions, the VX 510 supports dial and Ethernet connectivity.
VeriFone's VX 670 is the smallest all-in-one wireless handheld payment device - with PCI PED approval. Built with Purpose-inspired design - with the end user in mind - the VX 670 opens profitable new market opportunities. Bluetooth, GPRS and Wi-Fi fixed communication options are perfect for accepting payment in places such as restaurants, bars and stadiums, as well as delivery operations.
Commenting on today's announcement, Nigel Bidmead, EMEA Managing Director for VeriFone said, "This is a pivotal achievement for VeriFone and increases our offering in a key market. We have some dynamic new products ready for release, widening the range of solutions we can offer customers. This certification will provide us with the strategic springboard for further leveraging our market share in Europe."