exterior of the taxi. In-Taxi Payment Solutions The company provides an integrated suite of hardware, software and services to the taxi industry to enable electronic payment of taxi fares. In-taxi equipment, the company provides includes its secure electronic payment devices, GPS navigation, wireless communications, and fleet management services. In addition to traditional payment methods, in 2013, the company launched a program in New York City that provides riders the option to pay their taxi fare with their American Express membership reward points. The company’s taxi payment solutions are deployed in multiple U.S. cities, including New York City, Philadelphia, Boston, Chicago, Las Vegas, Miami, Baltimore, Washington D.C., and Fort Lauderdale, as well as certain cities in Europe. Security Solutions The company’s security solutions offer clients tools to secure payment transaction data. It has expanded the implementation options of its Secure Commerce Architecture, which directs encrypted payment data from the terminal directly to the processor, thereby eliminating the transfer of payment data through the merchant POS system and simplifying the EMV certification burden. VeriShield Total Protect provides encryption coupled with server-based tokenization to protect data from the point of capture, whether transmitted from a card or mobile device, to the processor, and tokenizes card data for use post-authorization to eliminate cardholder data from POS applications, networks and servers. In the U.S., the majority of the acquirers have selected the company’s encryption technology. VeriShield Remote Key enables merchants to remotely and securely manage key injection into PIN pad devices as needed, including as part of scheduled maintenance, in response to changing compliance standards, and in response to suspected security breaches. The company’s VeriShield Retain file authentication software is designed to secure a merchant’s terminal estate against unauthorized third parties executing software on the payment devices. Its VeriFone Secure Data solution allows applications with access to its secure reading and exchange of data compliant encryption library to enable point-to-point encryption capabilities. Server-based Payment Processing Software and Middleware The company’s server-based software allows merchants to integrate advanced payment functionality into PC-based and other retail systems seamlessly. These products handle the business logic steps related to an electronic payment transaction (credit, debit, gift, and loyalty), including collection of payment-related information from the consumer and merchant, and communication with payment processors for authorization and settlement. These solutions also enable the functionality of peripherals that connect to PC-based electronic payment systems, including consumer-facing products, such as secure PIN pads and signature capture devices. The company’s PAYware software product line, consisting of server-based, enterprise payment software solutions, includes card acceptance and merchant acquiring solutions, POS integration software, value-added payment solutions, and card management systems. Support Services The company offers a suite of support services, including installation, deployment, standard or customized training, and application development and delivery solutions. The company supports its installed base by providing payment system 24-hour helpdesk support, consulting, training, repair and/or replacement, asset tracking, and reporting. The company also offers customized service programs for specific vertical markets in addition to standardized service plans, per incident repair services and annual software maintenance on some of its licensed software products. The company offers professional services for customized application development and delivery solutions. It also provides specific project management services for turn-key application implementations. The company also offers client education programs, as well as consulting services regarding selection of product and payment methodologies and strategies, such as debit implementation.
verifone systems inc (VF2:Frankfurt)
88 West Plumeria Drive
San Jose, CA 95134
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