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VeriFone launches plug-and-play contactless offering

18 May 2009  |  1545 views  |  0 Source: VeriFone

VeriFone Holdings (NYSE: PAY), today announced the QX1000 plug-and-play solution for adding contactless card payment acceptance to existing point-of-sale devices, electronic cash registers (ECR) and PCs.

The QX1000 is based on an advanced contactless architecture that utilizes a single contactless interface (SingleCI) and incorporates the most sought-after features in user-friendly design and customer branding.

The QX1000 is a global contactless solution from the leader in payments and is suited to the widest range of EMV and mag-stripe contactless cards from Visa, MasterCard, Discover and American Express, as well as non-payment applications such as MiFare. Installation involves quick connections via factory-installed USB or serial options.

Fully compatible with common industry interfaces, VeriFone's SingleCI enables acquirers to leverage their existing investments in contactless platforms. In addition, it future-proofs new investments by providing development tools that enable acquirers to easily add new features and applications, and adapt to future technologies, such as Near-Field Communications (NFC).

"The QX1000 is a brilliantly simple contactless solution for seamlessly upgrading payment systems to accept contactless cards today and, in the future, NFC payments from mobile devices," said Paul Rasori, VeriFone executive vice president, global marketing. " One contactless solution, with global certifications, satisfies multiple markets and standards."

VeriFone's advanced contactless architecture supports software-based security access modules (SoftSAM) for multiple payment and non-payment applications, such as transit. SoftSAMs can eliminate the need for hardware-based SAMs and offer the flexibility of remote updates.

The QX1000 architecture supports "side-by-side" applications, which creates an easy way to re-certify just one application when payment specifications change, instead of having to re-certify all applications in use.

Ideal for a variety of retailers - from quick service restaurants and petro stations to retail stores, parking garages, movie theaters and sports arenas - the QX1000's "touch and go" design and high-speed processor keeps checkout lanes moving. Multiple LEDs and a buzzer clearly communicate transaction status to both the consumer and the merchant allowing for a quick and easy payment experience.

The system will be available beginning in June.

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