2007 News Archive

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12/31/2007VeriFone Provides Update on Timing of Restatement Process

VeriFone Holdings Inc. (NYSE: PAY) previously announced that it would restate its historical financial statements for the first three quarters of its fiscal year ended October 31, 2007.

12/20/2007VeriFone Provides Update on Timing of Restatement Process

VeriFone Holdings Inc. (NYSE: PAY) previously announced that it would restate its historical financial statements for the first three quarters of its fiscal year ended October 31, 2007. Since the original announcement, VeriFone’s audit committee has been working with independent counsel, Simpson Thacher & Bartlett LLP, and a forensic accounting team from Navigant Consulting, Inc., to investigate the events leading to the required restatement.

12/19/2007VeriFone Announces Accrual of Special Interest on its 1.375% Convertible Notes Due 2012

VeriFone Holdings, Inc. (NYSE: PAY) today announced that beginning December 20, 2007, special interest will accrue on its 1.375% convertible notes due 2012 at a rate of 0.25% per annum.

12/14/2007VeriFone Acquires Australian Services Organization

VeriFone Holdings, Inc. today announced that it has acquired the EFTPOS services business of Peripheral Computer Industries (PCI) to enhance its ability to provide acquirer banks and other organizations with one-stop electronic payments products and services.

12/03/2007VeriFone Announces Anticipated Restatement of 2007 Quarterly Financial Statements

VeriFone Holdings, Inc. (NYSE: PAY) today announced that following a review by and on the recommendation of management, it has concluded that its unaudited interim consolidated financial statements for the three months ended January 31, 2007, the three and six months ended April 30, 2007 and the three and nine months ended July 31, 2007 should no longer be relied upon

11/27/2007VeriFone to Offer Managed Payment Services to Mexico Merchants

VeriFone Holdings, Inc. today announced formation of VeriFone Access to provide merchant hosted services for managing electronic payments, beginning in Mexico.

11/13/2007VeriFone Partners with Opera to Bring Multi-Media Capable Browser Technology to Secure Retail Payments

VeriFone Holdings, Inc. today announced a strategic partnership with Opera Software ASA to develop a secure payment-enabled version of the Opera Web browser.

11/13/2007VeriFone Announces Full-Function Vx Solutions PIN Entry System

VeriFone Holdings, Inc. today announced the Vx 810, a full-function PIN entry system based on the architecture of the popular Vx Solutions family.

11/12/2007VeriFone Announces OP 4100 for Unattended Payment

VeriFone Holdings, Inc. today announced the OP 4100, an unattended payment solution compliant with PCI and EMV security requirements and suitable for petrol pump, kiosks and other self-service payment applications in the most unforgiving environments.

11/12/2007VeriFone Announces QX120 Contactless Solution

VeriFone Holdings, Inc.today announced the QX120, a contactless payment solution that supports all major contactless payment schemes, including those initiated from mobile phones using the emerging Near Field Communications, or NFC, standard.

11/06/2007VeriFone Makes Payment at the Pump Secure

VeriFone Holdings, Inc. today unveiled its Secure PumpPAY solution for upgrading gas pump card payments to meet the Payment Card Industry (PCI) security standards.

11/01/2007VeriFone to Report Fourth Quarter and Fiscal Year End 2007 Results on December 6, 2007

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will report its financial results for the three months ended and fiscal year ended October 31, 2007, on December 6, 2007.

10/15/2007VeriFone Announces Vx 670 Bluetooth Solution

VeriFone Holdings, Inc. today expanded its industry-leading portfolio of wireless payment systems with the announcement of the Vx 670 Bluetooth, a new version of its revolutionary handheld designed for short-distance environments.

10/11/2007VeriFone’s ON THE SPOT Selected by Ruth’s Chris Steak House

VeriFone Holdings, Inc. today announced it has added Ruth’s Chris Steak House of Austin to the roster of restaurants using its ON THE SPOT payment at the table solution.

10/11/2007VeriFone, POSitouch Partner for Mobile Payment Processing Solution

VeriFone Holdings, Inc. today announced an agreement with POSitouch to offer VeriFone’s ON THE SPOT mobile electronic payment systems with the POSitouch Point-of-Sale (POS) systems to restaurant operators in North America.

09/26/2007VeriFone Retail Payments Conference Scheduled October 17-19

VeriFone Holdings, Inc. today announced that its annual Retail Payments Conference will be held October 17-19 at the Don Cesar Resort in St. Pete Beach, FL.

09/06/2007VeriFone Reports Third Quarter Fiscal 2007 Results

VeriFone Holdings, Inc. (NYSE: PAY), the global leader in secure electronic payment solutions, today announced financial results for the three months ended July 31, 2007.

09/05/2007VeriFone to Present at Wachovia Securities Services Conference

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will present at the Wachovia Securities Services Conference.

09/03/2007VeriFone Promotes William C. Nichols to Head Asia Pacific Region

VeriFone Holdings, Inc. today announces the promotion of William C. Nichols to senior vice president, Asia Pacific, where he will be instrumental in the company’s goal of promoting its newest products and solutions into key markets.

08/16/2007MasterCard and VeriFone to Expand Taxi Payments Leadership by Enabling Passengers to “Tap & Go” in More Than 5,000 NYC Taxis

MasterCard Worldwide and VeriFone Holdings (NYSE: PAY) today announced that New York City (NYC) taxis are accepting MasterCard® PayPass™.

08/14/2007VeriFone Appoints Eitan Raff to Board of Directors

VeriFone Holdings, Inc. (NYSE: PAY), the world's leading provider of electronic payment solutions, today announced the appointment of Eitan Raff to its Board of Directors, effective October 1, 2007.

08/01/2007VeriFone to Report Third Quarter Fiscal Year 2007 Results on September 6, 2007

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will report its financial results for the three months ended July 31, 2007, on September 6, 2007.

07/12/2007VeriFone Announces Agreement with New York’s Largest Taxi Leasing Association; City Cab Commitments Now More than 5,000

VeriFone Holdings, Inc. announced today an agreement to be the preferred vendor of integrated payment solutions to the largest licensed leasing association in New York City, the Committee for Taxi Safety with 3,000 member taxis.

07/02/2007VeriFone CEO Douglas Bergeron Wins Ernst & Young 2007 Entrepreneur of the Year Award

Douglas G. Bergeron, chairman and CEO of VeriFone Holdings, Inc. (NYSE:PAY), has been named 2007 "Entrepreneur of the Year" by Ernst & Young for the San Francisco and Silicon Valley region.

06/28/2007VeriFone’s PAYware Selected For Hong Kong’s First Ever Gift Card Scheme

VeriFone Holdings, Inc. announces that stored value gift card program provider ValuAccess has selected VeriFone’s PAYware GiftCard as the technology platform for its gift card system.

06/27/2007VeriFone’s MX870 Fully Integrated to IBM’s SurePOS ACE

VeriFone Holdings, Inc. (NYSE: PAY) today announced that its MX870 multimedia payment system is now fully integrated to IBM’s SurePOS Application Client Server Environment (ACE) Version 5.0 and Version 6.0, the strategic point-of-sale application for IBM Retail Store Solutions in North America.

06/26/2007VeriFone PCI PED-Approved Portfolio Numbers 25

VeriFone Holdings, Inc. announces that its portfolio of PCI PED-approved payment solutions now numbers 25 systems.

06/22/2007VeriFone Announces Completion of Offering of $316.25 Million Senior Convertible Notes

VeriFone Holdings, Inc. (NYSE: PAY) today announced the completion of its placement of an aggregate of $316.25 million principal amount of 1.375% Senior Convertible Notes due 2012, which includes the initial purchasers’ exercise in full of their option to purchase additional notes.

06/19/2007VeriFone Prices $275 Million Senior Convertible Notes

VeriFone Holdings, Inc. (NYSE: PAY) today announced the pricing of $275 million principal amount of 1.375% Senior Convertible Notes due 2012 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

06/18/2007VeriFone to Offer $275 Million Senior Convertible Notes

VeriFone Holdings, Inc. (NYSE: PAY) today announced its intention to offer, subject to market and other conditions, approximately $275 million principal amount of senior convertible notes to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

06/14/2007VeriFone Wins Multi-million Dollar Pay-At-the-Table Systems Order from Canada’s Largest Full Service Restaurant Chain

VeriFone Holdings, Inc. today announced that Cara, the largest operator of full service restaurants in Canada, has selected the ON THE SPOT pay at the table system designed exclusively for the hospitality industry.

06/13/2007VeriFone Designated Sole Payment Systems Vendor by China Postal Savings Bank

VeriFone Holdings, Inc. announced today that it has been selected as the sole provider of electronic payment systems by the China Postal Savings Bank.

06/06/2007VeriFone EMEA Launches Enhanced PAYware Suite For Integrated Retail Environments

VeriFone Holdings, Inc. (NYSE: PAY) today announced the EMEA launch of an enhanced PAYware solutions suite, a comprehensive set of custom software tools specifically designed for integrated retail environments. The new PAYware solutions are part of a complete, end-to-end Integrated Retail Solutions offering, incorporating VeriFone’s countertop, wireless and unattended hardware solutions, back-end software, and supporting professional services.

05/31/2007VeriFone Systems Approved for Rollout of NYC Taxi Customer Controlled Payment

VeriFone Holdings, Inc. announced today that its payment systems are the first to be approved for full-scale rollout in the New York City Taxi & Limousine Commission’s (TLC) effort to upgrade all of the city’s 13,000 medallion yellow taxicabs with customer-oriented payment and information systems.

05/29/2007VeriFone Reports Second Quarter Fiscal 2007 Results

VeriFone Holdings, Inc. (NYSE: PAY), the global leader in secure electronic payment solutions, today announced financial results for the three months ended April 30, 2007.

05/17/2007VeriFone’s ON THE SPOT Selected by Carey Hilliard’s

VeriFone Holdings, Inc., along with it’s point-of-sale partner MICROS Systems, Inc., today announced that it has added Carey Hilliard’s, the popular BBQ and seafood restaurant chain, to the roster of restaurants using its ON THE SPOT payment solution.

05/01/2007VeriFone To Report Second Quarter Fiscal Year 2007 Results on May 29, 2007

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will report its financial results for the three months ended April 30, 2007, on May 29, 2007.

04/25/2007VeriFone Introduces iOrder Food Service Kiosk

(KioskCom Self Service Expo, Booth #339) – VeriFone Holdings, Inc. (NYSE: PAY) today announced the iOrder Food Service Kiosk, an easy-to-use self-service station designed for quick serve restaurant (QSR) and convenience store food service operations.

04/23/2007Türkiye Finans Katýlým Bankasi Shifts to VeriFone Systems

VeriFone Holdings, Inc. announced today that it has been awarded a contract for 20,000 payment systems and PINpads by Türkiye Finans Katilim Bankasi, A.S., replacing a long-term incumbent competitor.

04/18/2007VeriFone Signs Leading Nigerian Payments Company InterSwitch

VeriFone Holdings, Inc. today announced that it has secured a key contract with leading transaction switching and electronic payment processing company InterSwitch Nigeria Limited to enable inter-bank electronics payments for Nigerian cardholders.

04/17/2007VeriFone ON THE SPOT Puts Payment Solutions on the Table for Any Size Restaurant

VeriFone Holdings, Inc. (NYSE: PAY) today announced results of the first wave of installations of its ON THE SPOT wireless card payment solutions for restaurants of any size and venue, ranging from pub to casual family-style, to fine dining locations.

04/17/2007Visa and MasterCard Approve VeriFone’s QX100 for Contactless Payment

VeriFone Holdings, Inc. announced today that its first external contactless card acceptance device, the QX100, has been certified by Visa and MasterCard as conforming with their respective contactless payment systems, Visa Contactless and MasterCard PayPass.

04/04/2007VeriFone to Present at SunTrust Robinson Humphrey Annual Institutional Investors Conference

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will present at the 36th Annual Institutional Investors Conference hosted by SunTrust Robinson Humphrey Capital Markets.

04/03/2007VeriFone Strengthens Partnership With Leading Middle East Acquirer Network International

VeriFone Holdings, Inc. today announced an agreement with Network International LLC, one of the leading credit card and payment services providers in the Gulf and Middle East region, to roll out the industry-leading and PCI compliant VeriFone Vx 670 portable payment system.

03/26/2007VeriFone CEO Visits Middle East Customers

Granted Certification for Vx 670 by Saudi Arabian Monetary Authority

03/19/2007VeriFone Extends Offer to Hypercom Customers Worldwide

VeriFone Holdings, Inc. today announced a ground breaking initiative to transition customers of Hypercom Corp. worldwide to VeriFone's Vx Solutions and NURIT product families.

03/13/2007McDonald’s Mexico Selects VeriFone’s MX870 for Contactless Payment

VeriFone Holdings, Inc. announced today that Banamex has deployed the VeriFone MX870 multi-media payment platform to accept contactless and traditional bank cards at all McDonald’s Mexico restaurants in Monterrey, Nuevo León.

03/06/2007Argos Selects VeriFone’s PAYware for Secure Frontline Payment Processing

VeriFone Holdings, Inc. today announced that it has installed one of the largest and most complex card payment systems in the UK for retail giant Argos.

03/05/2007VeriFone Achieves Compliance with ‘China RoHS’ Mandate

VeriFone Holdings, Inc. today announced that it has achieved compliance with the “Administrative Measures on the Control of Pollution Caused by Electronic Information Products” – commonly referred to as China RoHS – as required by China's Ministry of Information Industry.

03/02/2007VeriFone to Present at Raymond James Institutional Investors Conference

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will present at the 28th Annual Institutional Investors Conference hosted by Raymond James & Associates Equity Capital Markets.

03/01/2007VeriFone Reports First Quarter Fiscal 2007 Results

VeriFone Holdings, Inc. (NYSE: PAY), the global leader in secure electronic payment solutions, today announced financial results for the three months ended January 31, 2007.

02/08/2007WABC-TV and VeriFone Announce TAXI-TV Network in New York City

WABC-TV/Channel 7, the most-watched station in New York, announced today it will provide news content to the city’s famed yellow cabs.

02/06/2007VeriFone Wins Major Financial Institution

VeriFone Holdings, Inc. announces today that KeyCorp (NYSE: KEY) has selected VeriFone’s customer-facing MX870 multi-media system for deployment at all KeyBank teller workstations.

02/05/2007Two Ahold Group Member Companies Choose VeriFone for Next-Generation Payment Processing Solution

VeriFone Holdings, Inc. announced today that Stop & Shop and Giant-Landover food stores, U.S.-based member companies of the Ahold Group, have selected VeriFone’s MX870 multimedia customer-facing payment system with signature capture for use in their stores.

02/01/2007VeriFone To Report First Quarter Fiscal Year 2007 Results on March 1, 2007

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will report its financial results for the three months ended January 31, 2007, on March 1, 2007.

01/31/2007VeriFone Launches Expanded MX Solutions to EMEA Market

VeriFone Holdings, Inc. today announced the launch of two new systems in the MX Solutions payment platform to the EMEA market

01/23/2007Russian Post Selects VeriFone SC 5000 Payment System

VeriFone Holdings, Inc. today announced that the VeriFone SC 5000 system has been selected by Multifunctional Processing Company LLC for use by Federal State Enterprise Russian Post as its approved payment solutions for all branches across the Russian Federation.

01/15/2007Hannaford Supermarkets Selects New VeriFone MX830

(NRF Booth #2523) – VeriFone Holdings, Inc. today announces that the Hannaford Bros. Co. supermarket chain has selected the new consumer-facing VeriFone MX830 as its next generation payment solution

01/15/2007VeriFone Expands Consumer-Facing MX Solutions Payment Platform

VeriFone Holdings, Inc. today announces two new members of the MX Solutions payment platform, the MX830 and MX850.

01/15/2007VeriFone to Present at NYSE Group and Prudential Equity Group Growth Conference

VeriFone Holdings, Inc. (NYSE: PAY) announced today that it will present at the New York Stock Exchange/Prudential Equity Group Growth Conference featuring 20 New York Stock Exchange companies that are leaders in the small and mid-cap markets.

01/04/2007VeriFone CEO Douglas Bergeron Extends Employment Contract

VeriFone Holdings, Inc. today announced that Chairman and Chief Executive Officer Douglas G. Bergeron has agreed to an extension of his employment agreement with the Company.

01/02/2007VeriFone Strengthens Integrated Retail Systems Management Team

VeriFone Holdings, Inc. today announced that it has strengthened its Integrated Systems and Retail Systems management teams with the addition of three former senior Hypercom executives.