V

Verifone

Provides payment devices, cloud services, analytics

Overview

Verifone provides payment solutions for accepting and processing payments across in-store, online, and mobile channels. Its products include a wide range of hardware—countertop terminals, portable and mobile POS, integrated POS, and unattended kiosks—paired with cloud services for device management, payment processing, and real-time analytics. Verifone differentiates itself by offering an integrated hardware and cloud platform that serves retailers, hospitality, payment acquirers, and fuel stations at large scale, enabling end-to-end payment solutions. The company aims to simplify complex commerce by delivering secure devices and data-driven insights that help businesses operate efficiently worldwide.

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About Verifone

Simplify's Rating
Why Verifone is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

HardwareEnterprise SoftwareFintechFinancial Services

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$18M

Headquarters

Coral Springs, Florida

Founded

1987

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Simplify's Take

What believers are saying

  • August 2026 Victa launches make Verifone first with biometric terminals in Australia.
  • October 5, 2026 Commander upgrades deepen fuel and convenience attach rates.
  • June 2026 EV-charging and March 2026 Fello partnerships expand unattended and temporary commerce.

What critics are saying

  • Ericsson filed UPC SEP actions against Verifone in February 2026.
  • Sneed v. VeriFone in Georgia survived dismissal on September 30, 2026.
  • Australia biometrics face privacy scrutiny; adoption slows if regulators or chains resist.

What makes Verifone unique

  • Verifone spans 165 countries and 2,500 integrations, built for merchant ecosystems.
  • Victa unifies PCI 7 readiness, biometrics, loyalty, and third-party apps.
  • Commander owns fuel-and-convenience workflows, now extended by YouLend, Mudflap, QuikQ, Piston.

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Funding

Total Funding

$18M

Above

Industry Average

Funded Over

1 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Benefits

Remote Work Options

Company News

Boland Hill Media, LLC
Oct 6th, 2026
Nayax partners with Allied for gas sales; Partner Tech's self checkout for gas stations.

Nayax partners with Allied for gas sales; Partner Tech's self checkout for gas stations. The processor Nayax Ltd. said it has reached a distribution partnership with Allied Electronics Inc., allowing Nayax Fuel to offer its VPOS Media 5 outdoor payment technology to fueling stations throughout the U.S. market. The announcement comes as cards now account for 81% of pump transactions, up from 64% 10 years ago, according to the National Association of Convenience Stores. Israel-based Nayax, an active payments provider in North America, is looking to its VPOS Media 5 technology as part of its pitch to the fuel market, much of which is associated with convenience stores. C-stores accounted for $450 billion in fuel sales last year, according to the National Association of Convenience Stores. Nayax's latest move in the petroleum business follows its acquisition in 2022 of On Track Innovations, a deal that included OTI's PetroSmart unit. In 2024, the company acquired Roseman Engineering, a deal that brought further technology related to the gasoline market, including automated vehicle identification capabilities. "Allied and Nayax share an important focus on making the forecourt work better for retailers," says Eli Bar, general manager for Nayax Fuel. "Allied is one of the most respected names in US fuel retail, and our payment technology and solution give its customers a fuel-specific option." Bristol, Pa.-based Allied's forecourt controller operates at what the company says amounts to "tens of thousands of locations" in the U.S. Nayax's latest move in gas-station sales follows an announcement last week by the processor Toast that it has launched Toast Fuel to process payments for convenience stores in-store and at the pump. In related news, Partner Tech announced its AI-based self-checkout technology has been certified to be integrated with Verifone Commander, Verifone's site controller and point-of-sale unit for convenience stores and gas stations. The development means the technology can be installed at more than 55,000 convenience and fuel locations, Partner Tech says. Based in Taiwan, the company maintains its Americas headquarters in Anaheim, Calif. Partner Tech says the product is available immediately. "By combining Verifone's Commander platform with Partner Tech's AI-powered self-checkout technology, retailers can modernize the in-store experience while protecting profitability," says James Hervey, executive vice president of petro at Verifone, in a statement

PR Newswire
Oct 5th, 2026
Partner Tech's AI self-checkout earns Verifone Commander certification, opening door to 55,000 fuel and convenience stores

Partner Tech has earned certification for integration with Verifone Commander, the leading point-of-sale platform for convenience stores and fuel retailers. The certification enables deployment of Partner Tech's AI-powered self-checkout systems across more than 55,000 fuel and convenience sites in North America, representing roughly 45% of all US fuel and convenience stores. The self-checkout platform uses AI and computer vision for theft detection, real-time transaction monitoring, and automatic item recognition. Retailers can add Partner Tech's terminals alongside existing Verifone Commander systems without replacing their payment, fueling, or loyalty infrastructure. The solution supports fuel prepay, age-restricted products, and other convenience store functions whilst managing operations through a centralised site controller. Partner Tech will showcase the certified system at the NACS Show in October 2026.

National Association of Convenience Stores
Oct 5th, 2026
Setting up for Sunrise 2027.

Setting up for Sunrise 2027. Take these steps to prepare for the transition to 2D barcodes. A new kind of barcode showing up on packaging has the potential to benefit retailers and consumers through one big factor: data. Capable of holding significantly more information than traditional UPC barcodes, 2D barcodes are becoming a common feature on product packaging. While consumers may not know them by name, most are already familiar with one type of 2D barcode: the QR code. Retailers are already talking to payments solutions provider Verifone about the 2D barcodes. The barcodes' ability to hold more information can be helpful to operators, letting them know which items need to be removed during a recall or when an item is expiring, according to Anil Bhat, head of product for the petroleum group at Verifone. "They're definitely very excited about both of these," Bhat said. But before retailers can run with these new capabilities, the convenience industry needs to finish walking through the transition. "Our industry is, to some extent, notorious for procrastinating until the last minute," Bhat said. So why is putting off this particular transition not a good idea? "One is the capital investment, if they have to make it," he said. "And as these barcodes become more common, you may run the risk of some products transitioning away from traditional UPC-only labeling sooner rather than later." GS1 US is the not-for-profit leading Sunrise 2027, an industry initiative to prepare retail systems to scan 2D barcodes at the point of sale by the end of 2027. GS1 US and Verifone are connected through their partnership with Conexxus, the industry's technology standards group. "We work very closely with Conexxus to ensure that they understand and interpret our standards for Sunrise 2027 and are properly implementing that in line with what their industry needs," said Lindsay Hillman, director of global standards at GS1 US. A number of products on the market today already carry 2D barcodes, primarily in the health and beauty space, Hillman said. "We are starting to see more consumer packaged goods, more food brands, more c-store related products adopting 2D barcodes powered by GS1," she said. While working with retailers, the organization often points out that being ready for Sunrise 2027 helps the brands that are putting the 2D barcodes on packaging. "Retailer readiness can help create the confidence brands need to move forward with packaging changes and 2D barcode adoption," Hillman said. "By configuring point of sale systems now, you're able to support a brand through testing the newly implemented 2D barcodes building a clear partnership since you sell those products every day, it's a good way to support brands through their adoption process. Another benefit to that support is understanding what information they are including in their 2D barcode enabling you to utilize all the information that they're providing earlier." For now, the 2D barcodes are expected to be co-located on packaging with the UPC barcode until retailer readiness to read 2D barcodes reaches about 90% to 95%. "This is a sunrise, not a sunset; we do not anticipate the UPC to disappear overnight," Hillman said.

Merchant's Eye
Aug 13th, 2026
Verifone launches Victa biometric payment devices in Australia for facial and palm-vein verification.

Verifone launches Victa biometric payment devices in Australia for facial and palm-vein verification. Quick summary. Verifone is introducing biometric payment technology to Australia via its new Victa device suite. The platform enables facial and palm-vein verification at checkout, allowing consumers to link loyalty and payments for a frictionless experience. This opt-in technology aims to enhance security and speed for Australian retailers and shoppers. How does Verifone Victa improve the checkout experience? Biometric payment technology transforms the point of sale by removing the need for physical cards or phones. By utilizing facial and palm-vein recognition, Verifone allows consumers to verify their identity and complete transactions with a simple gesture. This integration is designed to reduce checkout friction while maintaining high security standards through PCI PTS 7.x compliance. * Faster transactions through instant biometric identification. * Seamless loyalty integration without physical cards. * Enhanced security using point-to-point encryption and tokenization. The Victa platform is built on an open operating system, allowing third-party developers to create bespoke business tools. This flexibility means merchants can offer split payments, donations, and personalized marketing directly on the device, turning a standard terminal into a comprehensive business management tool. What are the key features of the Victa device suite? The Victa family includes a diverse range of form factors tailored for different retail environments. From the Victa Mini for pop-up shops to the Victa Unattended for kiosks, Verifone ensures that biometric payment technology is accessible across all commerce channels. The hardware is also designed with sustainability in mind, featuring 60% recycled plastics and field-replaceable batteries. * 12-hour battery life to support full retail shifts. * Haptic feedback and audio cues for improved accessibility. * Recycled materials reducing the environmental impact of hardware. For merchants, the ability to personalize the checkout is a significant advantage. By recognizing enrolled customers via biometrics, retailers can trigger tailored loyalty rewards and specific service offerings instantly. This creates a more connected commerce environment that bridges the gap between digital identity and physical retail. Ff news take: Verifone's introduction of biometric payment technology to the Australian market definitely moves the needle. While biometrics have long been used to unlock smartphones, bringing facial and palm-vein verification to the physical POS terminal is a bold step toward "invisible payments." By focusing on an open platform and sustainable hardware, Verifone isn't just launching a terminal; they are establishing a new standard for connected retail infrastructure in the APAC region. Featured speakers.

Yahoo Finance
Aug 12th, 2026
Verifone launches Australia's first biometric payment devices with face and palm-vein technology

Verifone has introduced biometric-capable payment devices in Australia, allowing shoppers to pay using facial recognition or palm-vein scanning. The Verifone Victa suite is Australia's first payment device with built-in biometric capabilities. Australia is among the first Asia-Pacific markets to receive this technology, following New Zealand's launch last month. The system enables customers to complete transactions by looking at the screen or presenting their palm, potentially linking loyalty programmes with payments to reduce checkout friction. Biometric payment remains entirely optional. Customers must enrol through participating providers such as merchants, banks, or digital wallets and provide consent. Traditional payment methods including cards, phones, and PINs continue to be available at terminals. Kristy Gregory, Head of Strategic Partners at Verifone, noted that Australians are accustomed to contactless payments, and biometric verification represents the next evolution in secure, frictionless checkout experiences.

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