epay leads the field in launching Verifone’s new Engage product family
Martinsried (Munich), Bad Hersfeld, June 3 2019:
Following a successful pilot phase, Verifone as one of the world’s leading providers of payment technology and epay as part of the payment service provider Euronet Worldwide Inc.(NASDAQ:EEFT), announce that they are expanding their partnership for Verifone’s new Engage product family. epay is the first licensed network operator in Germany to offer the new product line to its customers. Both companies are among the market leaders in their respective sectors and see the new terminal generation’s great potential in terms of offering additional services for dealers.
Engage terminals are suitable for stationary, portable and mobile use, and with or without a cash register connection. Verifone has developed a solution covering almost all modern day possibilities for multimedia based interactions with customers.
Its flagship product, M400, features a 5-inch hardened color touch display that can facilitate all payment methods, including those requiring a signature (e.g., the direct debit procedure so common in Germany). It supports the integration of numerous additional services at the POS including targeted customer offers, loyalty programs and media advertising designed to promote customer loyalty.
epay is providing additional services through the add-on kit into the Engage series. Boasting a retailer network of 707,000 participating POS terminals worldwide, epay has been successfully connecting content from top brands to consumers
for oover 20 years.
“Consumers in Germany expect a variety of payment options. Verifone’s new Engage series enables retailers to offer this variety as well as a range of variable additional benefits.“
– Dr. Markus Landrock
Managing Director epay DACH, Global Issuing, Payments & Rewards
epay is set to use this new generation of technology to promote their omnichannel platform, to drive their acquiring services for all modern payment methods (e. g. Alipay), and to advance the processing of their gift card and prepaid solutions for internationally known brands. “We see considerable growth potential in this area, particularly when it comes to expanding our marketing and value-added services such as our Tax Free and DCC platform,“ continues Landrock.
Verifone’s Engage series replaces H5000, the company’s previous core product in Germany. H5000 is a trend-setting cashless payment solution for the German retail sector, which has become firmly established across all industries in recent years, with around 370,000 devices in operation in Germany.
„We are delighted to be collaborating with epay, an innovative firstmover and permanent fixture in the retail sector. Together with epay, we will be able to both offer retailers a range of new options for interaction with customers via our new Engage product series, and develop additional services for the POS.“
– Michael Trinks
Head of Sales Germany at Verifone
Through its Engage terminal series and Android-based Carbon checkout terminal hardware, Verifone offers retailers and service providers in Germany, Europe and the world effective solutions for processing cashless payments as well as various value-added services directly at the POS.
Verifone turns everyday point-of-sale transactions into new interaction opportunities for retailers and consumers. Driven by the growing number of payment terminals (currently more than 30 million payment terminals across 150 countries), Verifone combines products and services to create integrated solutions able to serve the changing needs of customers. As data security experts with over 35 years of experience in the sector, we strive to continue solving the complex challenges that cashless payments pose.
epay is a world-leading full-service provider for payment processing and prepaid solutions and processed 1.15 billion transactions in 2018. The company has built up an extensive network of retailers with 707,000 point-of-sale terminals in 47 countries, to connect renowned brands with consumers all around the world. The company offers a portfolio of gift cards (prepaid, closed loop and digital media), business incentives and payment solutions (card acceptance, terminals, e-commerce, mobile and Internet of Payment) for omnichannel commerce, and offers its services thanks to its proprietary cash register integration software.
epay is a division of Euronet Worldwide, Inc. (NASDAQ: EEFT), a Kansas-based company which earned $2.5 billion in revenue in 2018, employing a staff of 7,100 employees and serving customers in 165 countries.
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