VeriFone POS Software Platform Targets SMBs
VeriFone Systems, Inc. (NYSE: PAY) announced Wednesday that its network of channel partners offering GlobalBay Merchant to small and medium businesses (SMBs) has expanded to 100 ISOs and acquirers.
“GlobalBay Merchant enhances ISOs and acquirers’ offerings with a turnkey mPOS solution and support infrastructure that meets the needs of their clients,” said Shan Ethridge, VP, North America Financial Services Group, VeriFone.
A customizable mPOS solution tailored specifically for SMBs, GlobalBay Merchant is built for distribution solely through VeriFone channel partners.
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It provides acquirers and ISOs with secure, easy-to-use payment capabilities and defined interfaces, so that vertical market or customer-specific programs can be rapidly deployed using tablets.
It also provides a complete support infrastructure, including VeriFone’s 24/7 help desk and automated on-boarding processes.
Meanwhile, VeriFone has announced that five devices in its PAYware Mobile line of EMV- enabled mobile point of sale (mPOS) devices have been approved by the Visa Ready Program. [Read: Are You Making Visa Ready Mobile Payments?]
This customizable solution allows ISOs and acquirers to create their own pricing schedules and configure their own unique mPOS offerings capable of routing transactions to all major processors.
GlobalBay Merchant also features secure encryption and tokenization for enhanced payment security, and can integrate with VeriFone terminals, including those with consumer-facing multimedia capability.
This is to ensure access to the latest payment technology, including EMV adoption, mobile wallets and value-added services.
VeriFone Systems, Inc. (NYSE: PAY) offers secure electronic payment solutions.