ISO & Agent – 3/27/13: As VeriFone Systems Inc. seeks new leadership to help it tackle its ongoing challenges, smaller rivals are looking at their own operations to determine which opportunities to seize in the payments hardwarmarket.
Two companies, China-based Pax Technology and UK-based Spire Payments, consider themselves sitting in the third position in a terminal-provider pecking order that VeriFone and Ingenico sit atop.
Pax has a more global view of its standing because, like VeriFone and Ingenico, it manufactures and sells equipment in more than 60 countries with varied international compliance standards. Spire has a narrower view, claiming its shipment figures place it as the third largest supplier of POS terminals in Europe.
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Source: Paymentspulse

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