VeriFone Systems this morning announced a deal with electronic payments giant PayPal that sounds like bad news for Twitter inventor Jack Dorsey‘s latest venture, Square.
VeriFone, which offers solutions that enable electronic payment transactions and related services at points of sale, will extend mobile payments acceptance with PayPal and integrate traditional card payments with its new… → Read More
California, U.S.-based VeriFone Systems, a secure electronic payment solutions provider, has acquired an 80% majority stake in Italy’s All Business Solutions (ABS) from ABS’ founders and from ACI Informatica, the IT body of ACI (Automobile Club d’Italia) Group, which will retain a minority share. The terms of the deal remain undisclosed. → Read More
Electronic payment solutions provider VeriFone Systems this morning announced it has acquired the assets of WAY Systems, a provider of mobile POS solutions and gateway services for mobile merchants.
The purchase price consisted of an upfront payment of $6 million and an earn-out payable in one year of up to an additional $3 million dollars should certain performance targets be met.
VeriFone says… → Read More
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