Verifone, XPIENT partner for mobile payment solution for limited-service restaurants

March 20, 2014

VeriFone Systems Inc. and XPIENT Solutions have partnered to provide a payment-as a service solution for the limited-service restaurant market.

According to a news release, the solution enhances security through payment system isolation and end-to-end encryption while providing a pathway to EMV and NFC payment acceptance at the point-of-sale.

IRIS is a POS application from XPIENT Solutions, a provider of solutions used by 17 of the top 50 QSR brands, the release said. Integration of XPIENT's platform with VeriFone's PAAS solution — VeriFone Point — will enable restaurant operators to future-proof payment infrastructure for EMV and NFC payment acceptance while enhancing data security with a SRED and PCI PA DSS certified end-to-end encryption solution.

"Our partnership with VeriFone yields a ground-breaking solution that provides restaurants with best-in-class POS functionality and data security as well as a direct path to accepting EMV and NFC presentment and other forms of payment that are growing in popularity among consumers," Christopher Sebes, CEO of XPIENT Solutions, said in the release.

Topics: Mobile Payments, Online / Mobile / Social, POS

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