REDWOOD CITY, Calif. - Verifone Inc. announced the availability of the Omnihost 2.0 payment processing software on Hewlett-Packard Co.'s HP 9000 server platform.

Designed for banks and payment processors, the software provides a range of electronic payment functions, including transaction switching, credit/debit authorization, and settlement.

Verifone said Omnihost 2.0 allows processors to host their own payment processing instead of relying on outside third-party processors. The software runs in a three-tiered client/server environment, supporting Oracle 7 as its data base and Microsoft Windows as the user interface.

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