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VeriFone to Drive Value-Added Payment Services for Polish Post Offices.


SAN JOSE, Calif. -- VeriFone Holdings, Inc. (NYSE NYSE

See: New York Stock Exchange
: PAY) today announced that PKO PKO Polska Kasa Opieki (Polish bank)
PKO Peace Keeping Operations
PKO Palm Kernel Oil
PKO Pirate King Online
PKO Public Key Organization
PKO Public Key Security Object
 Bank Polski's wholly-owned acquiring arm, eService, will be delivering value-added payment services to Polish Post offices via VeriFone's V(x) 510 payment platform and PINpad 1000SE system. Polish Post branches will be able to use eService and the VeriFone solution to deliver services including cash advance, mobile top-up, and electronic bill payment.

The initial rollout of the solution has started at Polish Post branches in Silesia. VeriFone is now partnering with eService to expand the solution to Polish Post regions nationwide, with further systems set to be installed in 2007.

eService is already providing this range of value-added services to agencies of PKO Bank Polski PKO Bank Polski, Spółka Akcyjna (PKO BP S.A.) is Poland's largest bank. Although floated on the Warsaw Stock Exchange, as of June 2007 the state still holds 51.49% of shares.  - the largest bank in Poland - via an installed base of VeriFone V(x)510 and PP1000SE PINpad systems.

"We're very pleased to be involved in this exciting project, and it provides an ideal fit for our V(x)510 solution. The V(x)510 is an efficient, high-performance and reliable solution, and is optimised for exactly these kinds of service deployments," said Nigel Bidmead, managing director of VeriFone EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. .

The compact V(x) 510 payment solution offers superior performance for payment and value-added applications, while dramatically reducing transaction time to just a few seconds. With features including a backlit display, easy-to-read menu prompts and intuitive ATM style interface, the V(x)510 is an ideal countertop payment device and is RoHS-compliant(a).

(a) The RoHS Directive stands for "the restriction of the use of certain hazardous substances in electrical and electronic equipment." This Directive bans the placing on the EU market of new electrical and electronic equipment containing more than agreed levels of lead, cadmium, mercury, hexavalent chromium, polybrominated biphenyl (PBB PBB: see polybrominated biphenyl. ) and polybrominated diphenyl diphenyl /di·phen·yl/ (di-fen´il) a toxic compound comprising two linked benzene rings, used as a fungistat in containers for shipping citrus fruits.

di·phen·yl
n.
See biphenyl.
 ether (PBDE PBDE Polybrominated Diphenyl Ether
PBDE Pentabromodiphenyl Ether (flame retardant additive in plastics)
PBDE Parallel Block-Decodable Encoder
) flame retardants.

Additional Resources:

www.verifone.com/vx510

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

VeriFone Holdings, Inc. ("VeriFone") (NYSE: 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) 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:Dec 6, 2006
Words:376
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