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VeriFone Systems, Inc. (PAY)

NYSE - NYSE Delayed Price. Currency in USD
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19.69-0.16 (-0.81%)
At close: 4:00PM EDT
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VeriFone Systems, Inc.

88 West Plumeria Drive
San Jose, CA 95134
United States

SectorConsumer Goods
IndustryBusiness Equipment
Full Time Employees5,900

Key Executives

Mr. Paul S. GalantChief Exec. Officer and Director965.02kN/A49
Mr. Marc E. RothmanChief Financial Officer and Exec. VP517.22kN/A53
Mr. Albert Y. LiuChief Compliance Officer, EVP of Corp. Devel., Gen. Counsel and Corp. Sec.418.5kN/A44
Mr. Vincent D’AgostinoChief Strategy Officer and Exec. VP412.37kN/A53
Mr. Glen E. RobsonGlobal Head of Solutions and Exec. VP467.91kN/A49
Amounts are as of December 31, 2016 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.


VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale (POS) worldwide. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN-based transactions; and multimedia consumer facing POS devices. The company also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows-based smartphones and tablets. In addition, it offers integrated electronic payment systems that combine electronic payment processing, fuel dispensing, and ECR functions, as well as secure payment systems for integration with petroleum pump controllers; unattended and self-service payment solutions designed to enable payment transactions in self-service, high-transaction volume, and public transportation environments; and network access solutions. Further, the company provides other managed, terminal management, payment-enabled media, in-taxi payment, and security solutions; and server-based payment processing software and middleware. Additionally, it offers installation, deployment, training, and application development and delivery solutions; project management, client education program, and consulting services; helpdesk support, equipment repair and maintenance, and software post-contract support services; and application libraries and development tools. The company sells its products directly; and through third party distributors and partners. It serves financial services, retail, petroleum, restaurant, hospitality, taxi, transportation, and healthcare industries. 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.

Corporate Governance

VeriFone Systems, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.