VeriFone Access provides merchant hosted services to small- and medium-sized merchants for the purpose of managing electronic payments over broadband and wireless connection. With VeriFone Access, these smaller merchants can now:
- Take advantage of increasing customer preferences for credit and debit card-based purchases with enhanced communications
- Sell prepaid cell phone time and tickets
- Recieve payments for services such as energy, water, cable TV, etc.
- Organize basic business processes such as sales, inventory and purchases
- Increase business through promotions and customer loyalty programs.
VeriFone Access brings benefits to the merchant's value chain as well. It allows banks to generate loyalty from their users and increase their business with merchants. It allows service providers, such as phone and utility companies, to offer more places and means of payment to their customers, and it allows consumers more convenience by offering more places and means of payment for the products and services they want.
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