First Data has tapped VeriFone to develop applications for VeriFone’s Vx Solutions and VX Evolution countertop, wireless and PIN entry systems. First Data is set to expand its product offering to include payment system hardware and software technology throughout the region with a strong focus on security and authentication for Caribbean businesses.
VeriFone has deployed payment systems worldwide for many years and has worked with banks and merchants worldwide to implement the necessary systems. The systems will support EMV credit and debit cards which utilize a smart card chip that has its own data storage, processing power and application software.
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