ISO&Agent – 8/5/13: VeriFone Systems Inc. is attempting to make life easier for merchants and acquirers by bundling payments hardware, software, security and compliance into a payment-as-a-service product called VeriFone Point. “There’s been a lot of innovation in recent years, and there’s confusion in the marketplace,” says Brent Phillips, VeriFone director of product marketing. “Point was designed to accommodate that complexity.” The company has been testing Point with merchants, processors, independent sales organizations and independent software vendors, Phillips, says. It’s expected to become widely available in October.
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Source: Paymentspulse

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