VeriFone Systems, Inc.

San Jose, CA United States

  (NYSE: PAY)

Company Description

VeriFone doesn't mind long check-out lines, but it does try to make them move faster. The company is a leading supplier of electronic payment equipment such as point-of-sale (POS) software and terminals, smart card and check readers, receipt printers, and Internet commerce software. It also gets sales from installation, training, and other services. Customers include government agencies and companies in the hospitality, retail, and health care markets. With clients ranging from small merchants to government-sponsored payment processors, VeriFone augments its direct sales force with a network of distributors, resellers, and systems integrators. More than 65% of VeriFone's revenues are generated outside the US.