VeriFone Acquires Two Major Players in New Zealand Payments Industry

  VeriFone Acquires Two Major Players in New Zealand Payments Industry

Local Presence in Country Provides Customers Greater Access to VeriFone
Expertise, Solutions and Point Services

Business Wire

SAN JOSE, Calif. -- December 17, 2012

VeriFone Systems, Inc. (NYSE: PAY) today announced an agreement with ANZ Bank
New Zealand Limited (ANZ NZ) to acquire EFTPOS New Zealand Limited (ENZ).
Additionally, VeriFone announced an agreement with the Sektor Group of New
Zealand to acquire its Sektor Payments operation.

The acquisitions provide VeriFone with comprehensive software, services and
distribution resources to serve New Zealand with payment solutions and managed
services, leveraging its Point payments-as-a-service platform.

ENZ will continue to operate under its current branding, EFTPOS New Zealand,
as a VeriFone company. It is the largest EFTPOS solutions and payments
provider in New Zealand, directly serving more than 40,000 merchant customers
and offering customers an end-to-end payment solution, including card
acceptance devices, software, services and processing.

Sektor Payments, which will operate as VeriFone New Zealand, is the exclusive
VeriFone distributor in New Zealand with the largest reseller network that
provides VeriFone payment solutions to merchants.

“These acquisitions reflect VeriFone's commitment to the New Zealand market,”
said Anthony Chalhoub, general manager, Australia and New Zealand, for
VeriFone. “VeriFone’s presence in the country will allow our customers and
distribution partners to benefit from greater access to VeriFone’s expertise,
advanced solutions and services that add value to both merchants and
consumers.”

Both organizations will directly leverage VeriFone’s global resources and
extensive portfolio of payment products and services. As a global supplier of
payment solutions, VeriFone operates in more than 110 countries with a
worldwide workforce of more than 5,000 employees. VeriFone payment solutions
are designed to meet the needs of merchants, processors, banks and acquirers
in both developed and emerging economies worldwide.

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 successful
integration of the acquired businesses, customer acceptance and adoption of
our new solution offerings for the Australia and New Zealand region, 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
pete_bartolik@verifone.com
 
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