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VeriFone Extends Taxi Payment Services to Poland



  VeriFone Extends Taxi Payment Services to Poland

Glob Taxi of Warsaw Implements VeriFone Managed Services Payment Solution

Business Wire

SAN JOSE, Calif. -- November 06, 2012

VeriFone Systems, Inc. (NYSE: PAY), today announced further growth of its
international taxi services business with a contract to provide managed
payment services to Glob Taxi Company of Warsaw, Poland, and its fleet of
approximately 500 vehicles.

VeriFone is providing Glob Taxi with in-taxi payment systems that enable
passengers to pay with credit and debit cards, contactless and NFC mobile
wallets, as well as fleet cards and electronic vouchers provided by VeriFone.

“With VeriFone systems and services, Glob Taxi is able to offer passengers the
most complete and convenient payment options available,” said Leszek Pajka,
Glob Taxi General Director.

With this latest addition to its customer portfolio, VeriFone now provides
taxi systems and services to 70,000 vehicles in 17 countries, including
Australia, Singapore, the United Kingdom and the United States.

“VeriFone is first to provide a complete managed solution for taxi companies
in Poland,” said Jeff Dumbrell, VeriFone executive vice president, Europe,
Middle East, Africa and Asia. “Glob Taxi can now provide its drivers and
passengers with the security and convenience of electronic payments,
transforming the taxi experience and providing greater efficiency and
profitability.”

VeriFone is providing Glob Taxi with a complete advanced payment acceptance
system, which is NFC-enabled for contactless card and mobile device payments
and includes an intuitive color touch screen for ease of operation. VeriFone’s
managed services solution provides fleet operators and individual drivers
continuous access to taxi data and efficient electronic transaction management
and monitoring.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995 for VeriFone Systems, Inc.

This press release includes certain forward-looking statements related to
VeriFone Systems, Inc. within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on VeriFone management’s
current expectations or beliefs and are subject to uncertainty and changes in
circumstances. Actual results may vary materially from those expressed or
implied by the forward-looking statements herein due to changes in economic,
business, competitive, technological and/or regulatory factors, and other
risks and uncertainties affecting the operation of the business of VeriFone
Systems, Inc. These risks and uncertainties include: our ability to
successfully roll out our taxi payment solutions in Poland, customer
acceptance and adoption of our new solution offerings, our ability to protect
against fraud, the status of our relationship with and condition of third
parties upon whom we rely in the conduct of our business, our dependence on a
limited number of customers, uncertainties related to the conduct of our
business internationally, our dependence on a limited number of key employees,
short product cycles, rapidly changing technologies and maintaining
competitive leadership position with respect to our payment solution
offerings. For a further list and description of such risks and uncertainties,
see our filings with the Securities and Exchange Commission, including our
annual report on Form 10-K and our quarterly reports on Form 10-Q. VeriFone is
under no obligation to, and expressly disclaims any obligation to, update or
alter its forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise.

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

VeriFone Systems, 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.

Contact:

VeriFone Media Relations
Pete Bartolik, +1-508-283-4112
Email: pete_bartolik@verifone.com
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