Worldpay And Verifone Announce Strategic Partnership

(TRUSTECH Stand #LER D 027)-- Verifone (NYSE:PAY), a world leader in payment and commerce solutions, has today announced a partnership extension with Worldpay, a leading payments company with global reach. The agreement will see continued delivery of Verifone's payment and commerce innovation to Worldpay's UK customers enabling them to offer the latest point-of-sale (POS) solutions, and creating a seamless payments experience.

This extended partnership builds on Verifone and Worldpay's long-standing collaboration. It will also expand Worldpay's current deployment of Verifone products, which are already used by thousands of businesses across the U.K. Under the agreement, Worldpay will work with Verifone to bring new POS technology to the market such as the VX690 portable device, a flexible solution that enables Wifi, GPRS and 3G-enabled connectivity. The VX690's ability to roll over between Wifi, GPRS and 3G ensures constant connectivity for merchants and its larger, clearer screen allows for a better presentation for value-added services.

Verifone's solutions are capable of accepting a variety of payment methods including recent innovations such as Apple Pay, Android Pay and Samsung Pay, giving consumers a frictionless POS experience. Worldpay and Verifone will also be working together to bring P2PE compliant solutions to U.K. retailers and deliver new multi-communication devices to customers.

June Felix, President Verifone Europe said: "We are delighted to be strengthening our partnership with Worldpay. Verifone is perfectly positioned to help Worldpay assist their clients in growing their businesses. We are truly excited to work with Worldpay to drive greater value and a richer in-store experience to consumers. The 3-in-1 capabilities offered by the VX690 solution reduces the complexity and cost of handling three separate products that are needed today. "

Dave Hobday, Managing Director, Worldpay U.K. said: "Worldpay's aim is to help our customers grow by offering them reliable and secure ways to accept payments across all channels. We are pleased to be extending our partnership with Verifone, enabling our customers to access the very latest POS solutions, enabling them to sell more."

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