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
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