MICROS and VeriFone form alliance

 
May 18, 2006
CHICAGO -- MICROS Systems Inc. and VeriFone Holdings announced a strategic alliance to arm the North American restaurant industry with an integrated pay-at-the-table solution that provides a secure way to collect payments, improves operational efficiencies and supports the consumer shift to PIN debit.
 
According to a news release, MICROS will resell VeriFone's customer-facing electronic payment solutions, including the new Vx 670 mobile payment system fully integrated with MICROS RES 4.0.
 
The global alliance between the companies provides the restaurant industry with easier access to total solutions from two of the leading suppliers in the industry, the release said. MICROS offers software, hardware, enterprise systems integration, consulting and support. VeriFone is one of the largest providers of electronic payment systems worldwide and an industry leader in multi-application payment system deployments.
 
"Card fraud has migrated to restaurants and this alliance finally provides the industry with an efficient integrated solution utilizing secure payment technology that is already widely adopted in other major retail segments," said VeriFone chairman and chief executive Douglas G. Bergeron. "MICROS and VeriFone share a vision of extending secure payment to the points of service that match consumer needs."

Topics: POS


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