As EMV migration looms closer, the need for future-proof solutions continues to grow as consumer interest in mobile and alternative payments increases. Moreover, merchants are looking to leverage the power and flexibility of mobility mobile inside and outside the physical store.
“VeriFone is committed to enabling channel partner success in a rapidly evolving market by providing EMV-capable, portable and mobile solutions that meet merchant needs today and are able to support the new requirements of tomorrow,” said Jennifer Miles, president of VeriFone Americas. “We are focused on delivering certified, customisable products and services that enable our partners to bridge traditional payments and new innovations.”
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Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.