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Technology Stocks : VeriFone Holdings, Inc. (PAY)

PAY 36.16

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From: JakeStraw	1/7/2010 9:18:15 AM
	of 186

VeriFone Licenses Taxi Media & Payment Technology in South Africa finance.yahoo.com iMobilise Transportation Systems to Deploy Card Acceptance and In-Vehicle Advertising Systems across Country in Time for World Cup January 7, 2010 SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Holdings, Inc. (NYSE: PAY) today announced a licensing agreement for deployment of its taxi payment and media solutions in South Africa. The agreement with iMobilise Transportation Systems (iMTS) will modernize taxis in time for the World Cup in June. iMTS anticipates installation of VeriFone systems in 1,500 taxis in the urban centers of Johannesburg, Durban and Cape Town. Deployments will begin this spring and provide passengers with the latest in passenger information technology and payment options including credit cards, Chip and PIN-based debit, and contactless.

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