Verifone

Verifone

Payment devices and cloud services provider

About

Verifone operates in the payments industry, providing solutions that simplify commerce for various clients, including retailers, hospitality businesses, payment processors, and petrol stations. The company offers a range of payment devices such as countertop terminals, mobile point-of-sale systems, and unattended kiosks, which allow businesses to accept payments in-store, online, or on the go. In addition to hardware, Verifone provides cloud services that enhance device functionality, including remote management, diagnostics, and transaction reporting. This combination of devices and services helps businesses operate efficiently and securely. Verifone distinguishes itself from competitors through its extensive transaction processing capabilities, handling $335 billion in transactions annually, which reflects the trust clients have in its solutions. The company's goal is to enable businesses of all sizes to manage payments effectively and securely.

Company Stage

Late Stage VC

Employees

1,001-5,000

Industries

Fintech, Financial Services

Total Funding

$17.5M

Headquarters

Coral Springs, Florida

Founded

1987


Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with AI-powered systems reduces checkout times, boosting customer satisfaction and sales.
  • Winning 'Best Point Of Sale Solution' award enhances Verifone's reputation in the fintech industry.
  • Partnership with Ozan expands market reach with faster, safer payment solutions.

What critics are saying

  • Increased competition from emerging fintech companies could erode Verifone's market share.
  • Rapid adoption of SoftPOS by competitors may challenge Verifone's hardware-based model.
  • New biometric capabilities may raise privacy concerns, affecting adoption rates.

What makes Verifone unique

  • Verifone offers a comprehensive range of payment devices and cloud services globally.
  • The company integrates advanced technologies like AI and biometrics in its payment solutions.
  • Verifone's partnerships enhance its offerings, attracting enterprise clients with comprehensive solutions.

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Benefits

Remote Work Options

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