VeriFone`s Verix TCP/IP Library Brings the Internet Directly to the Point of Sale
Software library provides easy,
flexible, direct Internet access for Verix-based POS terminals
SANTA CLARA, Calif.--June 5, 2001--VeriFone, the
worldwide leader in electronic payment solutions, today unveiled the
Verix TCP/IP Library, which enables VeriFone terminals to access the
Internet or communicate to a host via standard TCP/IP protocol.
This direct connection via TCP/IP allows merchants to offer
customers a variety of Internet-driven e-services via their
point-of-sale (POS) terminals, such as online ordering and
fulfillment. These applications can provide new revenue streams and
improved customer loyalty for merchants.
"VeriFone`s TCP/IP Library is another step in our effort to
transform the POS into a powerful business tool," said Eric Lecesne,
general manager, VeriFone Technology and Product Operation. "Our
unique Verix operating environment offers a multi-application
architecture supporting payment and value-added applications on the
same terminal. Developers can simply enable TCP/IP communications in
their applications through the use of an open application programming
interface (API)."
Furthermore, having a direct connection to the Internet, using
open TCP/IP standards, eliminates the need to go through a maze of
proprietary gateways. Instead, the software library provides flexible
TCP/IP communications using the payment terminal`s telco port, RS-232
port, or radio modem. This lets users take advantage of faster, more
economical options to transfer data via a variety of communication
alternatives, such as high-speed Very Small Aperture Terminal (VSAT)
satellite transmission or other wireless connectivity options.
"Businesses everywhere are moving to embrace IP-based networks for
both communications and commerce," said Kenneth Cohen, assistant vice
president for strategic marketing at Hughes Network Systems, a global
broadband networks leader and VSAT pioneer. "Adding TCP/IP support to
its terminals is a sign that VeriFone understands the market`s
demands, and it fits HNS` vision for the future of business networks."
"The Verix TCP/IP Library allows merchants to use
industry-standard TCP/IP to access service providers, whether they are
hosted across the street or around the globe, without incurring
substantial communications costs," Lecesne added. "This has enormous
potential for merchants running multiple value-added applications at
the POS."
About VeriFone
VeriFone (http://www.verifone.com) is the leading global provider
of secure electronic-payment solutions for financial institutions,
merchants and consumers. VeriFone has shipped more than nine million
electronic-payment systems, which are used in more than 100 countries.
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CONTACT: Eastwick PR for VeriFone
Jennifer Gordon, 650/480-4012
jennifer.gordon@eastwick.com
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