After a few years on the alert for a smart card market to materialize, Verifone Inc. is ready to pounce.

The company, best known for creating a mass market in credit card authorization terminals, has put its imprimatur on the new technology by establishing a high-visibility business unit under vice president Michael J. Shade.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.