Headquartered in Uxbridge, Verifone offers secure electronic point-of-sale equipment, while providing solutions, services, and expertise that enable electronic payment transactions and value-added services when purchases are made.
When William “Bill” Melton incorporated his new business in Hawaii in 1981, he set out to provide a recourse for retailers who were constantly dealing with bad checks from customers. As the use of credit cards grew and checks weened, Melton decided to use his new technology to allow businesses to electronically process credit card payments. This is how Verifone came to be. Its name was a result of his innovation being a verification device that used phone lines, which was often referred to as a verification phone.
Verifone is considered one of the world’s largest point-of-sale terminal vendors and leading provider of payment and ecommerce solutions. Verifone operates in more than 150 countries and has about 6,000 global employees.
Additionally, Verifone offers a fully-integrated payment solution, including payment gateway, virtual terminals, and online management and reports. In addition, individuals can access and create loyalty programs, mobile vouchers, and gift cards, using the equipment and technology.