Verifone on Thursday announced Verifone Engage, the next generation family of payment devices.
Verifone Engage is the company’s first-ever fully-integrated, Linux-based product family. It encompasses a range of payment solutions for merchants, acquirers, and service providers.
Demonstrations of Verifone Engage products will be showcased next week at Money20/20 in Las Vegas.
“Powerful software applications are driving the evolution of payment terminals,” said James Wester, worldwide payments research director, IDC. “By expanding what payment terminals can do, these new devices aren’t just for secure, one-dimensional transactions; they’re creating new multi-dimensional retail experiences and new levels of personal engagement with consumers.”
Glen Robson, EVP, Global Head of Terminals Solutions, Verifone, said Verifone is dramatically transforming the retail point-of-sale to be much more than a box that takes card-based payments.
He called the Verifone Engage family of products as a major paradigm shift in the company’s approach to the point of sale.