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Technology Stocks : VeriFone Holdings, Inc. (PAY)
PAY 36.12+1.8%3:35 PM EST

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From: JakeStraw5/19/2008 8:06:28 AM
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VeriFone Provides Tim Hortons with Payment Systems
biz.yahoo.com
Monday May 19, 8:00 am ET

North American Restaurant Chain Adopts VeriFone Vx 570 for Credit and Tim Card Payments

CHICAGO--(BUSINESS WIRE)--VeriFone Holdings, Inc. (NYSE: PAY) announced today that Tim Hortons, Canada’s largest quick service restaurant chain, has deployed VeriFone payment solutions at countertop checkout stations and drive-thru lanes in U.S. locations. Tim Hortons last year deployed 7,500 VeriFone Vx 570 systems with EMV-ready VeriFone SC 5000 PINpads throughout store locations in Canada.

The U.S. rollout began Feb. 15, with approximately 1,000 Vx 570 systems deployed at 375 stores to date; the Canadian deployment throughout more than 2,100 stores began last summer.
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