Business Services Industry

VeriFone to Drive Value-Added Payment Services for Polish Post Offices

Business Wire, Dec 6, 2006

SAN JOSE, Calif. -- VeriFone Holdings, Inc. (NYSE: PAY) today announced that PKO Bank Polski's wholly-owned acquiring arm, eService, will be delivering value-added payment services to Polish Post offices via VeriFone's V(x) 510 payment platform and PINpad 1000SE system. Polish Post branches will be able to use eService and the VeriFone solution to deliver services including cash advance, mobile top-up, and electronic bill payment.

The initial rollout of the solution has started at Polish Post branches in Silesia. VeriFone is now partnering with eService to expand the solution to Polish Post regions nationwide, with further systems set to be installed in 2007.

eService is already providing this range of value-added services to agencies of PKO Bank Polski - the largest bank in Poland - via an installed base of VeriFone V(x)510 and PP1000SE PINpad systems.

"We're very pleased to be involved in this exciting project, and it provides an ideal fit for our V(x)510 solution. The V(x)510 is an efficient, high-performance and reliable solution, and is optimised for exactly these kinds of service deployments," said Nigel Bidmead, managing director of VeriFone EMEA.

The compact V(x) 510 payment solution offers superior performance for payment and value-added applications, while dramatically reducing transaction time to just a few seconds. With features including a backlit display, easy-to-read menu prompts and intuitive ATM style interface, the V(x)510 is an ideal countertop payment device and is RoHS-compliant(a).

(a) The RoHS Directive stands for "the restriction of the use of certain hazardous substances in electrical and electronic equipment." This Directive bans the placing on the EU market of new electrical and electronic equipment containing more than agreed levels of lead, cadmium, mercury, hexavalent chromium, polybrominated biphenyl (PBB) and polybrominated diphenyl ether (PBDE) flame retardants.

Additional Resources:

www.verifone.com/vx510

About VeriFone Holdings, Inc. (www.verifone.com)

VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY; TASE: 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.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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