Fri, Dec 26, 2014, 3:14 PM EST - U.S. Markets close in 46 mins.


% | $
Quotes you view appear here for quick access.

VeriFone Systems, Inc. Message Board

  • scubareport scubareport Feb 24, 2013 1:03 PM Flag

    Why would Google buy a Hardware company like PAY? They don;t need hardware, they use software.


    Pay is an over priced hardware company. Anybody like square can write a processing app. All credit card machines to is read the credit card's track 2 data, and transmits it to a processor who verifies the card. The terminal does not do this. Why would any body buy a $500 credit card terminal when they can use their cell phone and a $50 card reader attached to process credit cards. The retail sector is plummeting and PAY is a victim of old technology just like Kodak and Polaroid was to digital photography. It may take a few years but Pay will file for bankruptcy sooner or later.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
38.23+0.68(+1.81%)3:14 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.