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VeriFone Systems, Inc. (PAY)

35.07 0.12(0.34%) Aug 27, 4:05PM EDT
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VeriFone Systems, Inc.
2099 Gateway Place
Suite 600
San Jose, CA 95110
United States - Map
Phone: 408-232-7800
Fax: 408-232-7811

Index Membership:N/A
Sector:Consumer Goods
Industry:Business Equipment
Full Time Employees:5,699

Business Summary 

VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, as well as support credit and debit card, EBT, EMV, and other PIN-based transactions; an array of software applications and application libraries; and portable solutions that support 3G, GPRS, Bluetooth, and WiFi technologies. The company also offers multimedia consumer facing POS devices; unattended and self-service payment solutions designed to enable payment transactions in self-service environments; and integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and ECR functions, as well as payment systems for integration. In addition, it provides mobile payment solutions for various segments of the mobile point of sale environment; contactless peripherals; network access solutions; security solutions; payment-as-a-service and other managed services, terminal management, payment-enabled media, and payment system security solutions; and server-based payment processing software and middleware. Further, the company offers equipment repair or maintenance, gateway processing, remote terminal management, software post-contract support, customized application development, helpdesk, customer service, warehousing, and encryption or tokenization services. It serves financial institutions, payment processors, petroleum companies, transportation companies, government organizations, healthcare companies, quick service restaurants, taxi fleets, advertisers and media companies, merchants and retailers; and distributors, resellers, system integrators, and independent sales organizations. The company was formerly known as VeriFone Holdings, Inc. and changed its name to VeriFone Systems, Inc. in May 2010. VeriFone Systems, Inc. is headquartered in San Jose, California.

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Corporate Governance 
VeriFone Systems, Inc.’s ISS Governance QuickScore as of Aug 1, 2014 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 1; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Paul Galant , 46
Chief Exec. Officer and Director
Mr. Marc E. Rothman , 49
Chief Financial Officer, Principal Financial & Accounting Officer and Exec. VP
Mr. Albert Y. Liu , 41
Chief Compliance Officer, Exec. VP of Corp. Devel., Gen. Counsel and Corp. Sec.
Ms. Jennifer Miles , 42
Pres of VeriFone Americas
Mr. Alok Bhanot , 46
Chief Technology Officer and Exec. VP of Engineering
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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