VeriFone’s aggressive expansion into payment services is not confined to the US. Leveraging its acquisition of Gemalto’s POS division, VeriFone is taking its PAYware managed services to European merchants. VeriFone’s on an impressive trajectory toward growing its transaction-based revenues and this is another example.
The PAYware Merchant managed service provides companies with a new way to manage the entire payments process more effectively. In particular, it minimizes the cost and effort they are currently required to expend on PCI compliance.