VeriFone's Internet Credit Card System

NEWSLETTER
VeriFone claims that over half of the world's payment transactions from retail merchants in over 95 countries originate from VeriFone point-of-sale terminals.

Electronic Purse

This is VeriFone's prepaid stored value card (w/chip) by that is "smartcard" based. This is a good form of cash substitute in underdeveloped countries where peole don't have credit cards.

VeriFone supports SET and was the first to roll out a SET model supported by VISA & MC. Verifone's WebSite

Original Content Dated April 3, 1997

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