VERIFONE INC

Classification: Trading and Service Company

Company Introduction:

VERIFONE INC. is a globally recognized leader in providing secure electronic payment solutions. The company designs, develops, and delivers a comprehensive portfolio of payment products and services, including point-of-sale (POS) terminals, payment gateways, and software solutions. These technologies are crucial for enabling secure, fast, and reliable transactions across a wide range of industries, such as retail, hospitality, and unattended payment environments worldwide.

In Singapore, VERIFONE INC. operates through its local entity, typically Verifone Singapore Pte Ltd. This Singapore operation serves primarily as a regional hub for sales, distribution, customer support, and business development. Its activities focus on marketing and selling Verifone's innovative payment hardware and software to businesses within Singapore and the broader Southeast Asian market. The Singapore office also manages client relationships, provides technical assistance, and offers post-sales support for Verifone products. While VERIFONE INC. is a global designer and developer of its payment solutions, the Singapore entity does not engage in manufacturing activities. Instead, it functions as a trading and service provider, distributing and supporting products that are manufactured by Verifone's global supply chain.

Verifone Inc. in Singapore produces and sells a comprehensive range of payment solutions and devices. These typically include:

Payment Terminals

Countertop Payment Devices such as the Engage series and VX series terminals

Portable and Wireless Payment Devices including the Engage series and Carbon Mobile devices

PIN Pads for secure transaction entry

Unattended Payment Solutions designed for kiosks, vending machines, and parking meters

Payment Software and Services

Payment Gateway Services

Device Management Systems for terminal oversight and updates

Cloud-based Payment Platforms

Security Solutions such as Point-to-Point Encryption P2PE and tokenization

Value-Added Services including loyalty programs and gift card solutions

Integrated Solutions

Payment solutions tailored for the retail sector

Payment solutions for the hospitality industry

Payment solutions for fuel and forecourt environments