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VeriFone Extends NURIT Payment Solutions Line.


Three New Systems Debut at Cartes 2006

PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 -- VeriFone Holdings, Inc. (NYSE NYSE

See: New York Stock Exchange
: PAY; TASE TASE Tel Aviv Stock Exchange
TASE The All Seeing Eye
TASE Tactical Air Support Element
TASE Thrust Assessment Support Environment
TASE Telecontrol Application Service Elements (IEC communications protocol) 
: PAY) today announced it has extended the NURIT line with the introduction of three new systems designed to meet a wide range of secure payment transaction needs.

VeriFone utilized the venue of the world's largest exhibit for smart card and identification products to demonstrate the NURIT line for the first time under the VeriFone brand.

"At CARTES 2006 this week, VeriFone is showcasing an expanded family of payment solutions and services that demonstrates the breadth and depth of this new force in the payment industry," said Paul Rasori, VeriFone vice president of Global Marketing. "This expansion of the NURIT product family demonstrates VeriFone's commitment to offer our customers around the world the flexibility to maintain and enhance their installed base of systems."

VeriFone's vision of creating the world's most comprehensive provider of electronic payment solutions advanced with the recent acquisitions of Lipman Electronic Engineering, which was completed last week, and the former Payment Systems Business of Trintech.

The NURIT 8400 introduced today is a highly flexible countertop payment terminal with a full range of dial-up, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used.  and wireless communications choices and a wide variety of device interface options. The secure, reliable and easy-to-use multi-application system is suitable for a wide variety of retail locations, from small and medium-sized businesses to department stores and multi-lane outlets. In addition to magnetic stripe and smart card EMV-based credit and debit transactions, it supports value-added services, such as loyalty programs, gift cards and prepaid services.

VeriFone also introduced the highly secure and fully programmable NURIT 293 PIN pad. Featuring an EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility)
EMV EuroPay, MasterCard, Visa (Smart debit cards)
EMV Europay, Mastercard and Visa
EMV Eftermiddagsverksamhet
 2000 smart card acceptor acceptor - Finite State Machine  and magnetic stripe card A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card.  reader, the NURIT 293 with high speed ARM processor integrates with third-party POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
 and electronic cash register (ECR ECR Efficient Consumer Response
ECR European Congress of Radiology
ECR Electron Cyclotron Resonance
ECR El Camino Real (Kings Highway; California)
ECR Electronic Cash Register
ECR East Coast Radio (South Africa) 
) systems for smooth and economical migration to PIN-based EMV credit and debit transactions.

The third system introduced today, the NURIT 2930, also provides an EMV migration solution for proprietary ECRs and other systems that lack communications capabilities. The NURIT 2930 includes a modem, in addition to EMV and magnetic stripe acceptance. The system incorporates a connectivity hub for enhanced flexibility, modularity and clutter-free convenience for virtually any retail environment.

About VeriFone Holdings, Inc. (www.verifone.com)

VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY; TASE: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 7, 2006
Words:441
Previous Article:VeriFone's Vx Solutions First Payment Platform to Achieve MasterCard PTS Approval.
Next Article:VeriFone Announces Contactless Card Reader at CARTES 2006.
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