VeriFone Holdings, Inc. (NYSE: PAY), today announced it has been awarded a $7 million contract from RBS Lynk to provide payment solution systems and connectivity services for resale to U.S. merchants.
The annual contract includes countertop and wireless systems in both the Omni 3700 and Vx Solutions product families, the consumer-facing Omni 7000 series that is popular in multilane retail stores, as well as pin pads. The contract also includes the unique VeriFone Connect all-inclusive service for portable and wireless connectivity at the point-of-sale that includes wireless activations and monthly service, deployment, help desk support and asset management and billing.
"VeriFone has consistently provided the products, services and support systems that enable us to deliver the innovative and value-added solutions and services our customers require," said Tom Konz, RBS Lynk senior vice president of marketing. "RBS Lynk has earned a reputation for delivering reliable, high-quality and cost effective payment solutions and VeriFone has been a valued partner in that effort."
VeriFone systems and solutions have delivered the speed, convenience and security of electronic payment to millions of businesses worldwide for more than two decades. The company offers a comprehensive range of secure electronic payment system solutions.
"VeriFone and RBS Lynk are partners in innovation, working hand-in-hand to provide merchants with payment solutions that enhance profitability and improve customer service,” said Jesse Adams, VeriFone executive vice president, North America Sales. "We're thrilled to continue this partnership under the terms of the new contract."
Vx Solutions is a complete line of hardware and software solutions based on a single platform and powered by a 32-bit ARM9 microprocessor for high performance and high security. The Omni 3700 product family has been adopted by merchants worldwide and has spurred development of scores of value-added applications. The Omni 7000 product line represents the most comprehensive family of consumer-facing payment solutions, from basic debit and credit acceptance to advanced functions such as signature capture, graphical user interface, contactless reader, and high-speed network connectivity.