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‘VeriFone’ Stories

Google readying Android NFC payment system with MasterCard and Citigroup?

Chris Davies, Mar 28th 2011 Discuss [0]

Google is reportedly partnering with MasterCard and Citigroup on NFC payment technology, using VeriFone NFC-enabled payment terminals to turn Android handsets into electronic wallets. According to the WSJ's sources, those with Citigroup-issued debit and credit cards would be able to use a new Android app - initially for the Nexus S, but then for subsequent NFC-equipped phones - rather than their physical cards when the service launches later in 2011. Read The Full Story

Google NFC payment trials in NYC and San Francisco?

Chris Davies, Mar 15th 2011 Discuss [0]

Google is believed to be readying an NFC payments trial in New York and San Francisco, offering customers the opportunity to make wireless purchases using their smartphone. The project is believed to begin within the next four months, according to Bloomberg's sources, and use custom VeriFone terminals and - we're presuming - Google's Nexus S smartphone. Read The Full Story

Square hits back at VeriFone: “not a fair or accurate claim”

Chris Davies, Mar 10th 2011 Discuss [0]

Mobile payment company Square has responded to VeriFone's security allegations yesterday, describing them as "not a fair or accurate claim." As we'd suggested, Square CEO Jack Dorsey points to how easy it is to "skim" the numbers from a credit card, whether using "an encrypted card reader, phone camera, or plain old pen and paper." Read The Full Story

VeriFone launches anti-Square security campaign [Video]

Chris Davies, Mar 9th 2011 Discuss [0]

VeriFone has been making headlines recently with its NFC plans and potential Groupon button, but it seems the payments expert is also hoping to solidify its place in the market by sinking its upstart competitors. The company has kicked off new campaign claiming mobile payments service Square suffers "a serious security flaw": because the Square credit card reader, which plugs into the headphone socket of your iPhone or iPad, doesn't encrypt the data from the card, a malicious third-party could write an unofficial app that illegally collects your details. Video demo after the cut Read The Full Story

Groupon coming to cash registers as coupons get technical

Chris Davies, Mar 9th 2011 Discuss [1]

Groupon is in talks with electronic payment hardware provider Verifone over integrating easier coupon redemption into its systems. According to Groupon president Rob Solomon, speaking to Businessweek, Verifone is among a number of companies the group purchase site is holding discussions with, and may involve the addition of a dedicated Groupon button to cash registers so that businesses could more easily deal with shoppers using the discounts. Read The Full Story

Verifone adding NFC to all new payment systems

Chris Davies, Mar 4th 2011 Discuss [0]

Point-of-Sale (POS) hardware specialist Verifone has confirmed it will be integrating NFC support into all of its new terminals, a move that should dramatically speed the adoption of wireless payments. Describing the decision as a reaction to "merchant resistance," CEO Douglas G Bergeron told NFC World that those retailers upgrading their POS hardware will find that they are automatically able to process NFC and contactless payments. However, he also cautions that throwing in an NFC chip won't be sufficient to kill off traditional payment methods. Read The Full Story

VeriFone PAYware iPhone Credit Card System Ships

Shane McGlaun, Feb 2nd 2010 Discuss [1]

We have been talking about the cool VeriFone iPhone credit card payment system for a while now. The system has even turned up on a hands on video previously. The system allows an iPhone user to process credit cards by swiping the card in a hardware case. Read The Full Story