Verifone Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Verifone Strengths, Domain Expertise, and Key Differentiators

Verifone is a FinTech leader providing valuable end-to-end payment and commerce solutions to the world’s best-known retail brands, major financial institutions, and directly to more than 600,000 merchants alike. The company’s global services platform is built on a four-decade history of innovation and uncompromised security and handles 10.4B+ online and in-store transactions annually, totaling more than $440B. Trusted and recognized by consumers for its growing footprint of 35 million devices in more than 150 countries, businesses choose Verifone for its global scale, local capabilities, omnichannel prowess and solution flexibility.

Verifone Recent Developments

Verifone undergoes a rebranding initiative to underscore its cutting-edge payment solutions, unveiling a fresh logo, brand identity, and global website to resonate with a revised vision. Positioned as the foremost "Payments Architect and Commerce Expert" collaborator for enterprises worldwide, Verifone offers an extensive array of products and services that encompass digital payment solutions, secure payment devices, cloud-based Payments as a Service, merchant acquiring, point of sale technology, advanced business insights leveraging data science, managed services practices, and beyond.

The partnership between BitPay and Verifone represents a strategic move towards the mainstream adoption of cryptocurrencies in everyday transactions. By integrating BitPay's blockchain payment technology into Verifone's platforms, merchants can now effortlessly accept crypto payments without the complexities associated with traditional banking systems. This development not only underscores the growing significance of blockchain technology but also reflects a broader trend toward digitization and decentralization in the payments industry.

Verifone Mergers and Acquisitions (M&A) Activities

The acquisition of Verifone by Francisco Partners sets the stage for continued innovation and disruption in the payment technology space. As businesses and consumers embrace digital payments and omnichannel commerce, companies like Verifone must stay agile and adaptive to meet evolving customer expectations. From contactless payments and biometric authentication to blockchain-based solutions and decentralized finance (DeFi), the future of payments is ripe with possibilities. By embracing emerging technologies and strategic partnerships, Verifone can continue to drive digital transformation and shape the future of commerce for years to come.

Verifone Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Verifone applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Verifone and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Verifone Payment Processing customers.

Verifone Key Enterprise and Cloud Applications

Verifone Payment Processing

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Verifone Direct vs Indirect sales

Verifone Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Verifone Customers

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Verifone's diverse clientele epitomizes its global footprint and unwavering commitment to customer-centricity. Spanning financial institutions, payment processors, retailers, petroleum companies, transportation entities, government organizations, healthcare providers, and quick-service restaurants, Verifone's client base represents a tapestry of industries. The reference customer wins underscore the trust and confidence reposed in Verifone's solutions, serving as testaments to their unrivaled expertise and reliability. In terms of customer distribution by region, Verifone's presence spans across continents, with a robust foothold in North America, Europe, Asia-Pacific, and emerging markets. This global outreach underscores Verifone's commitment to catering to diverse market dynamics and cultural nuances, thereby fostering inclusivity and accessibility in the realm of digital payments.

Verifone Market Opportunities, M&A and Geo Expansions

Verifone has recently completed the acquisition of 2Checkout, a distinguished digital commerce and payments provider. 2Checkout specializes in assisting companies in effectively marketing their products and services through various channels while optimizing customer acquisition across multiple touchpoints. Their solutions are designed to enhance customer and revenue retention, harness intelligent payment options, implement subscription billing models, and optimize sales conversion rates. Among its extensive clientele are globally recognized entities such as ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and numerous others.

Verifone Risks and Challenges

While the digital frontier presents myriad opportunities, it also poses inherent risks and challenges. Patel's leadership mandate encompasses navigating a complex landscape fraught with cybersecurity threats, regulatory complexities, and competitive pressures. Verifone must proactively mitigate internal risks such as operational inefficiencies, talent gaps, and cultural inertia, while also addressing external challenges such as evolving compliance requirements, geopolitical uncertainties, and market volatility. By adopting a robust risk management framework and fostering a culture of agility and resilience, Verifone can effectively safeguard its interests and capitalize on emerging opportunities.

Verifone Ecosystem, Partners, Resellers and SI

This partnership underscores the convergence of technology and consumer-centricity in the FinTech space. By leveraging Affirm’s cutting-edge payment infrastructure, Verifone is not only enhancing transactional efficiency but also elevating the overall consumer experience. This fusion of technology and consumer-centricity epitomizes the transformative potential of strategic collaborations in the digital age. As Verifone and Affirm embark on this transformative journey together, they are poised to redefine the contours of the FinTech landscape. Through their shared commitment to innovation, consumer-centricity, and strategic collaboration, they are not merely facilitating transactions but shaping the future of commerce itself.

Verifone partnered with Klarna. The integration to Verifone's Cloud Services platform empowers consumers to leverage Klarna's payment suite.

Verifone Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: