Verifone Introduces the World’s Smallest Portable Payment Device

Verifone reimagines what can be delivered through the point-of-sale (POS) with the Verifone V400m, a surprisingly compact, fast and stylish payment device that’s intuitive, connected, and commerce-enabled, bringing experiences to the customer wherever they are.

A part of the fully-integrated, Linux-based Verifone Engage family, the V400m is a result of the strategy at Verifone to offer new value at the POS by increasing loyalty and revenue opportunities for merchants and improving the consumer experience with real-time personalization wherever transactions are taking place. Whether it’s pay-at-the-table, curbside, or line-busting, its portability makes it an ideal solution for a variety of business scenarios.

“The payment industry continues to change at a rapid pace as advanced technology is adopted by merchants and consumers alike,” said Glen Robson, EVP, Global Head of Verifone Solutions. “As we continue to introduce next-gen products and services, software application delivery plays a leading role in driving an entirely new set of possibilities for consumer and merchant interactions. We’re saying ‘Hello Experience!’ to new shopping scenarios that bridge the gap between online and offline, increase the consumer fan-base and foot-traffic, and bring welcomed revenue opportunities to merchants.”

Offering flexibility and speeds up to three times faster than its counterparts, the V400m is fully connected to allow for more transactions from more locations. Its memory supports rich multimedia and applications while its efficient battery allows for longer use. The robust design offers durability while advanced multi-layered security is best-in-class.

“As payments move to the point of customer interaction, portability will be an essential ingredient to a retailer’s POS solution,” said Thad Peterson, Senior Analyst, Payments, Aite Group. “A fully functional POS device about the size of a smartphone will increase associate acceptance and accelerate mobile POS adoption. Verifone’s V400m is a testament to the company’s outstanding engineering that successfully harnessed this type of power and performance in such a compact form factor…and it fits perfectly in your pocket!”

Empowering acquirers, merchants and service providers with unique commerce opportunities through our open and flexible architecture, the Verifone Engage family offers the best of physical, mobile and online consumer interactions helping businesses drive meaningful relationships with real-time personalization.

Verifone devices across the globe process approximately 5.4 billion transactions per year. With more than 10 years of experience designing and manufacturing more than two million secure Linux-based devices installed worldwide, Verifone has a proven track-record for the technological excellence required to create the most robust, fully-integrated payment ecosystem available in the global payment industry.

“Hello Experience” is our theme at Money20/20 Booth #2414. Drop by for the full experience of the V400m and other Verifone products and services. And for more information on the Verifone Engage line or any Verifone product, please visit www.Verifone.com.