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Technology Stocks : VeriFone Holdings, Inc. (PAY)
PAY 36.11+26.4%Nov 4 3:59 PM EST

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From: JakeStraw5/8/2012 12:32:37 PM
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Small and Medium-Sized Businesses Set SAIL with VeriFone
finance.yahoo.com

New Open Payment Platform Integrates Social Media, Mobility and Fosters Third-Party Innovation

SAIL by VeriFone, a streamlined, cost effective payment-as-a-service platform that provides business owners and merchants an easy and secure way to accept payments wherever business takes them. With SAIL’s simple sign-up process, merchants can begin accepting payments at cost-saving rates within minutes.

The open and flexible nature of SAIL makes the solution uniquely compatible with mobile devices, such as tablets and smartphones, as well as traditional payment acceptance devices. Other micro-merchant systems are closed to the US bank and processing community. VeriFone's unique open platform allows for rapid expansion and adoption through VeriFone's extensive network of processors, ISOs, and channel partners.

Customers using iOS or Android devices with SAIL will receive a free mobile app and card reader that securely encrypts card data with each transaction. For merchants with higher volumes and multiple locations, SAIL offers integration with traditional VeriFone countertop devices that support emerging standards such as EMV smartcard, NFC contactless, mobile wallet, and more.
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