VeriFone Systems, has announced a comprehensive payment solutions and services contract with Galeries Lafayette, one of France’s largest department store chains. The five-year agreement includes managed services, software, helpdesk and 3,200 of VeriFone’s VX 820 PIN acceptance devices that support credit, debit and EMV transactions, and include integrated NFC/contactless technology for alternative payments.
The central component of the VeriFone solution is PAYware Wynid, a managed services platform that will encompass all Galeries Lafayette payments across the chain, including cross-border payments from the retailer’s German operation. Galeries Lafayette will also utilize VeriFone’s encryption and tokenization services to ensure the most secure payments environment.
“Galeries Lafayette is one of the largest retailers in France — and operator of the biggest retail store in Paris with 750 card acceptance stations — and represents a tremendous competitive win for VeriFone in France,” said Olivier Guiot, VeriFone general manager, France.
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