18 July 2018
Visit www.gemalto.com

VeriFone unveils PAYware Mobile with NFC, EMV support

14 February 2011  |  3563 views  |  0 Source: VeriFone Systems

VeriFone Systems (NYSE: PAY), today announced a next-generation version of PAYware Mobile Service for global markets.

This latest innovation features VeriFone's sleek mobile payment solution and gateway service and brings international payment standards including NFC and EMV smart card, with PCI-compliant PIN keypad for Chip & PIN transactions, to popular smart phones.

With this solution, small businesses around the world will be able to accept smart card, mag-stripe card and contactless-based payments anywhere at any time. The second generation of PAYware Mobile will be available in the UK and Canadian markets during the first quarter of 2011. In addition, PAYware Mobile will be introduced into additional countries across Europe, Latin America and Asia throughout 2011.

"PAYware Mobile struck a chord with micro merchants in North America who wanted to be able to quickly and securely accept credit card payments anywhere by leveraging a cost-effective, mobile smart phone" said Paul Rasori, VeriFone senior vice president of marketing. "VeriFone is now leveraging our global partnerships and distribution capabilities to provide a mobile payment platform that supports regional demands for EMV, NFC-based applications, and secure, PCI-compliant PIN entry."

Each generation of PAYware Mobile provides smaller merchants with a cost-effective alternative to dedicated payment devices by providing an entire smart phone-based solution that includes VeriFone's VeriShield Protect end-to-end encryption of card data. Users also gain access to sophisticated reporting tools via VeriFone gateway services, as well as the ability to email customized receipts to customers.

The global version of PAYware Mobile incorporates a battery that provides 10 hours of PIN pad operation so users can accept payment without impacting on the smart phone's battery. It also incorporates a mini-USB port for convenient charging capability.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit info.nice.comVisit http://go.jumio.com/finextraAdVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
9852 views comments | 3 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9800 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9371 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8621 views 19 comments | 14 tweets | 30 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
8048 views comments | 1 tweets | 5 linkedin

Featured job

to GBP £120K base, double ote, benefits
Frankfurt, Germany

Find your next job