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VeriFone payment technology receives German certification

15 October 2009  |  2417 views  |  0 Source: VeriFone

VeriFone Holdings (NYSE: PAY) today announced an expanded portfolio of payment solutions validated in compliance with the EMV POS specification of Germany's Central Credit Committee, the Zentraler Kreditausschuss (ZKA).

ZKA's certification of VeriFone's Vx 810 DUET dual-use compact countertop solution and Vx 810 PINpad enables VeriFone's local partner, CCV Deutschland GmbH to broadly distribute the systems in Germany.

"Germany is a very important market to VeriFone and we're eager to introduce these innovative products here, working closely with our VeriFone International Partner, CCV," said Lazy Yanay, VeriFone executive vice president for Continental Europe, South East Europe and Asia. "The recent announcement that Ingenico plans to acquire a processor in Germany has created a tremendous opportunity for VeriFone with the majority of the processing market. We intend to seize this opportunity and this new accreditation and expand market share in Germany."

"VeriFone's global industry leadership in implementing international and security standards and CCV's local market insight and expertise is a winning combination for our customers in Germany," said CCV Deutschland General Manager Reinhard Blum. "VeriFone's broad portfolio of advanced electronic products serves every major market and these systems add to our portfolio with the latest features and a consumer-ready interface that provides superior readability as well as outstanding usability."

The Vx 810 and Vx 810 DUET are members of the successful Vx Solutions product family, which includes other ZKA-approved products such as the Vx 570 countertop and the Vx 670 portable devices.

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