Verifone Among Cloud Top 500

2744 University Drive

Coral Springs, FL, 33065, United States

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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

In 2021, BitPay partnered with Verifone to extend BitPay’s blockchain payment technology to enable consumer cryptocurrency payments on Verifone’s in-store and eCommerce Cloud Services platforms in the United States. The solution is easy for merchants to implement and intuitive for consumers. Merchants will be able to accept crypto payments directly from Verifone without the need for an account with BitPay.

Verifone Mergers and Acquisitions (M&A) Activities

In April 2018, Verifone was acquired by an investor group led by Francisco Partners for $3.4 billion.

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 Overview

Ownership: - Francisco Partners

Number of Employees: 4600

Functional Markets: eCommerce, ERP Financial,

Key Verticals: Banking and Financial Services, Federal Government, State and Local Government, Public Safety, Healthcare, Oil and Gas, Chemicals, Retail, Transportation,

Verifone Key Enterprise and Cloud Applications

Verifone Payment Processing

Verifone Revenues, $M:

Type/Year20202021YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Verifone Revenue Breakdown By Type, $M:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Verifone Revenues By Region, $M

Region% of Total Revenues2021 Total Revenues, $M2021 Enterprise Applications Revenues, $M2021 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Verifone Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

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

List of Verified Verifone Customers

No. of Verifone Customers: 600000

No. of Verifone Enterprise Applications Customers: x

No. of Verifone Cloud Customers: x

No. of Verifone Cloud Subscribers: x

Verifone's clients consist primarily of financial institutions, payment processors, large retailers, petroleum companies, transportation companies, government organizations, healthcare companies and quick service restaurants.

Verifone Market Opportunities, M&A and Geo Expansions

In September 2020, Verifone has aquired 2Checkout, a digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.

Verifone Risks and Challenges

Verifone's business is based on Payment Processing Services.

Verifone Ecosystem, Partners, Resellers and SI

In December 2020, Verifone partnered with Klarna. The integration to Verifone's Cloud Services platform empowers consumers to leverage Klarna's payment suite.

Verifone Cloud Infrastructure Insights

Subscribe to read more about:

  • Verifone Public Cloud and Infrastructure (IaaS)
  • Verifone Platform (PaaS)
  • Verifone Application Delivery
  • Verifone Private Cloud and Data Centers

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: Us

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