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Simply shaping reliable payment ecosystems for an ever evolving world of commerce.
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Description
Verifone is a leading global payments and commerce solutions provider based in the United States. Founded in 1981, the company has played a significant role in advancing electronic payment technology and has become a trusted name in the industry. Verifone's headquarters is located in San Jose, California.
The state-of-the-art facility houses the company's executive team, product development teams, and various departments that support its global operations. The headquarters is designed to foster innovation and collaboration, employing thousands of skilled professionals. Verifone primarily offers a diverse range of payment solutions and services.
Its main products include point-of-sale (POS) terminals, mobile payment devices, and secure payment software. These products enable businesses to accept payments through various channels, including credit and debit cards, mobile wallets, and contactless payment methods. The company operates on a global scale, serving customers in over 150 countries.
To further expand its presence, Verifone has established several noteworthy subsidiaries, joint ventures, and partnerships. Some of these include Verifone China, a joint venture with Bank of China, and Verifone Finland, a subsidiary that operates in the Nordic region. These strategic relationships help Verifone deliver localized solutions while leveraging global expertise.
Verifone holds a strong market position, ranking among the top players in the payments industry. Its global sales reach billions of dollars annually, attracting a wide range of customers, from small businesses to multinational corporations. The company competes with other prominent payment solution providers like Ingenico and Square.
Over the years, Verifone has achieved significant milestones and implemented strategic changes to drive growth. In 2018, the company announced a partnership with Alipay, a leading Chinese mobile payment platform, to enable acceptance of Alipay at Verifone-enabled merchants globally. This partnership strengthened Verifone's offering for Chinese tourists traveling abroad.
As of the latest available information, Verifone was acquired by the private equity firm Francisco Partners and is now operating under a new ownership structure. The acquisition was completed in 2018, marking a significant milestone in the company's history. While specific updates and key information may have developed subsequently, further details on Verifone's current status require a more up-to-date source
Company Type
Public Company
Company Size
1001-5000
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