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VeriFone Systems, Inc (PAY)

-NYSE

38.03 Down 6.97(15.49%) May 25, 4:00PM EDT|After Hours: 37.82 Down 0.21 (0.55%) May 25, 7:59PM 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
Website: http://www.verifone.com

Details 
Index Membership:N/A
Sector:Consumer Goods
Industry:Business Equipment
Full Time Employees:3,848

Business Summary 

Verifone Systems, Inc. designs, markets, and services electronic payment solutions in North America and internationally. It provides system solutions, including countertop electronic payment systems that accepts magnetic, smart card, contactless/ radio frequency identification(RFID) cards, and near field communication(NFC) enabled mobile phones; secure PIN pads that support credit and debit transactions; and wireless system solutions that support Internet protocol-based code division multiple access, general packet radio service, bluetooth, and wireless fidelity technologies. The company also offers products for consumer-activated functionality at the point of sale; contactless/NFC payment solutions consisting of contactless readers primarily for consumer-activated transactions with contactless cards, tokens, and NFC-enabled mobile phones; and Gemstone family of products comprising integrated electronic payment systems for petroleum companies. In addition, it provides server-based payment processing software and middleware; unattended and self-service payments hardware and software integration modules, such as vending machines, ATMs, ticketing kiosks, petroleum dispensers, public transportation turnstiles and buses, self-checkout, bill payment, and photo finishing kiosks; retail bank branch solutions; mass transportation solutions; and network access solutions. Further, the company offers client services, customized application development, advertising publishing, taxi payments and advertising, cardholder data security, annual software maintenance program, and repair services. It serves financial institutions, payment processors, petroleum companies, large retailers, taxi fleets, government organizations, healthcare companies, independent sales organizations, and advertisers. 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 Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Douglas G. Bergeron , 51
Chief Exec. Officer and Exec. Director
2.81M0.00
Mr. Robert Dykes , 62
Chief Financial Officer, Principal Accounting Officer and Exec. VP
747.00K0.00
Mr. Eliezer Yanay , 51
Exec. VP of Operations
704.00K5.70M
Mr. Jeff Dumbrell , 42
Exec. VP of Europe, Middle East, Africa and Asia
1.12M4.44M
Mr. Albert Y. Liu , 39
Chief Compliance Officer, Exec. VP of Corp. Devel., Gen. Counsel and Corp. Sec.
504.00K2.38M
Amounts are as of Dec 30, 2011 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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