VeriFone expands PAYware Mobile to global markets


VeriFone announced a next-generation version of PAYware Mobile Service for global markets. The latest features include NFC and EMV smart card, with PCI-compliant PIN keypad for chip and PIN transactions, to popular smart phones.

With this solution, small businesses around the world will be able to accept smart card, mag-stripe card and contactless-based payments. The second generation of PAYware Mobile will be available in the UK and Canadian markets during Q1 2011. In addition, PAYware Mobile will be across Europe, Latin America and Asia throughout 2011.

“PAYware Mobile struck a chord with micro merchants in North America who wanted to be able to quickly and securely accept credit card payments anywhere by leveraging a cost-effective, mobile smart phone,” comments Paul Rasori, senior vice president of marketing, VeriFone. “VeriFone is now leveraging our global partnerships and distribution capabilities to provide a mobile payment platform that supports regional demands for EMV, NFC-based applications, and secure, PCI-compliant PIN entry.”

Each generation of PAYware Mobile provides smaller merchants with a cost-effective alternative to dedicated payment devices by providing an entire smart phone-based solution that includes VeriFone’s VeriShield Protect end-to-end encryption of card data. Users also gain access to sophisticated reporting tools via VeriFone gateway services, as well as the ability to email customized receipts to customers.