VeriFone Puts Vx Solutions into Unattended Payment Environments

Business Editors

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SAN JOSE, Calif.

--(BUSINESS WIRE)--

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VeriFone Holdings, Inc.

(NYSE: PAY), today announced the V x 700, an electronic payments module that delivers the power and security of the Verix V architecture to kiosks, vending machines, ticketing devices and other systems where cash has traditionally been the primary payment method.

Designed to meet stringent PCI PED and EMV security standards, the V x 700 integrates with VeriFone’s

secure card reader and an external contactless payments interface to provide a powerful and flexible solution for multiple electronic payments options. The entire device, including keypad and high-resolution display, is built to fit into standard bill acceptor cutouts making it simple to extend support for magnetic stripe, chip cards and contactless payments into traditional cash-only kiosks, ticketing and vending machines.

“Consumers worldwide want to be able to use their cards for payment in any environment and the V x 700 makes it easy for manufacturers and systems integrators to accommodate that demand in their self-service solutions,” said

Paul Rasori

, senior vice president, marketing. “Verix V developer tools and an extensive developer network enable V x 700 customers to leverage existing certified payment applications or provide customized solutions for unique unattended environments.”

The V x 700 is well-suited to applications such as parking payment machines that utilize low-power modes when idle, but must power up quickly when a customer is ready to use them. For vending applications, the V x 700 is designed to meet both EVA and

NAMA

size specifications for maxi bill acceptors common to most machines deployed today. In addition to secure payment capabilities, the V x 700 can be used as a vending machine controller or as a transit payments processing engine.

Featuring laser-engraved, petro-chemical resistant keys, vandal-resistant housing, an IP65 rating and capable of withstanding wide temperature variations, the V x 700 is highly suited to outdoor use, from petroleum retailers to parking lots.

Additional Resources:

www.verifone.com/vx700

About

VeriFone Holdings, Inc.

(

www.verifone.com

)

VeriFone Holdings, Inc.

(“VeriFone”) (NYSE: PAY) is the global leader in secure electronic payment solutions.

VeriFone

provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets.

VeriFone

solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.

VeriFone Media Relations

Editorial Contact:

Pete Bartolik

, 508-283-4112

pete_bartolik@verifone.com

State Keywords:

California

Industry Keywords: Technology; Data Management; Security; Professional Services; Banking

Source:

VeriFone Holdings, Inc.

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