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About Us

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Verifone
Editorial Board
Aloha!
For over 35 years, we’ve been making history. Now, we’re creating the future.

From a beach in Hawaii, to a world leader in payment technology, this is our story...

 

TECHS ON THE BEACH

On April 14, 1981, in Honolulu, Hawaii, William “Bill” Melton incorporated his new tech company. His original intention was to provide a recourse for retailers who’d been swindled by people handing out bad cheques. His product was a kind of verification device using phone lines—a verification phone.

But he soon pivoted. The credit card industry was relatively new at the time and processing was still being done with carbon paper. Bill saw a way to reduce costs for companies like Visa and MasterCard, while capitalising on his new technology. Instead of verifying cheques, he would  provide local businesses a means to electronically process credit card payments. And thus, the Verifone payment device was born.

Now, Verifone is one of the world’s largest POS terminal vendors and a leading provider of payment and commerce solutions. We operate in more than 150 countries and employ nearly 6,000 people globally. Our steady growth has come organically, through a dedication to innovation and strategic partnerships, as well as from savvy acquisitions.

Transaction on Verifone terminal
7.6 B
transactions processed annually

At the core of the Verifone payment ecosystem is our secure, scalable framework. Our commitment to open standards fosters global collaboration through innumerable channels. Our hardware and software architecture, in conjunction with new development tools, enable more efficient integration. And new partnerships with some of the most progressive companies in payments and commerce further drive innovation and expansion.

The true measure of our framework is the long-term value of the connected solutions we create. The result is a world-class platform capable of supporting the ingenuity that’s constantly shaping the future of commerce.

Our vision is to securely connect the devices within our payment ecosystem to cloud-based services whenever and wherever possible. Verifone enables two-way connected communications between merchants and consumers—POS systems can help grow sales and customer loyalty through omnichannel experiences and exciting new commerce solutions.

The path forward is in providing holistic payment solutions for businesses large and small.

 

WHAT'S NEXT?

Payments, commerce, and personal communications are converging. The experiences of shopping online and shopping in-store are converging as well. The next generation of Verifone devices are ready for this new reality. With our value-added services, we can take the POS to incredible new levels—furthering an automated world that syncs perfectly with the devices we use every day.

With two-way connected communications, POS systems can help grow sales and customer loyalty through omnichannel experiences and exciting new commerce solutions.

 

TRUE TO OUR ROOTS

We never forget that this multinational corporation started on a beach, by a guy that just wanted to help his local merchants. Our devices continue to help local merchants—providing them the same quality products with the same engagement potential as the big guys.

Now, instead of money and resources, it’s ingenuity and innovation that sets merchants apart. And that has become our driving force. We want merchants to grow because they have great ideas and the passion to execute them. We want the only limitation to be the capacity of imagination.

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