Latest news with #Verifone
Business Upturn
22-07-2025
- Business
- Business Upturn
Verifone and PagBrasil Launch Exclusive International Pix Payment Solution for Brazilian Shoppers in the U.S.
NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) — PagBrasil and Verifone have partnered to launch an in-store alternative payment method (APM) enabling Brazilian shoppers to pay in Brazilian Reais (BRL) using Pix while shopping in the United States. This first-of-its-kind solution allows U.S. merchants to accept the Brazilian payment method. Pix, Brazil's instant payment system created by its Central Bank in 2020, offers a seamless, cost-effective, and frictionless payment experience for Brazilians. It allows users to send and receive money, as well as make payments, within seconds, 24/7, without relying on cash or cards. Now, with International Pix, a solution built by PagBrasil within the Pix framework, Brazilian consumers can make Pix payments in the U.S. with real-time currency conversion. The launch follows the signing of an exclusive agreement between Verifone and PagBrasil, giving Verifone sole rights to offer the Brazilian company's International Pix payments in the U.S. Merchants can activate International Pix at the point of sale through Verifone's hardware-agnostic, gateway-agnostic APM API without needing to upgrade existing systems. 'This is a game-changer for U.S. merchants in high-tourism markets like Florida and New York,' said Madhu Vasu, SVP Global Product Management at Verifone. 'Only Verifone can offer this capability at the point of sale today, giving merchants a powerful differentiator to attract and serve the 1.9 million Brazilian Tourists who spend more than $4.1 billion annually in the U.S.' The magnitude of this opportunity is reinforced by recent travel trends: from 2023 to 2024, the number of Brazilians traveling to the U.S. rose by more than 17%, reaching 1.9 million visitors. Pix has seen a 57% year-over-year growth in transaction volume and is used by over 160 million people – about 75% of Brazil's population. With this new offering, Brazilian shoppers can now pay in their local currency, avoiding high foreign exchange conversion fees typically charged on international credit card purchases. 'We're thrilled to partner with Verifone to bring International Pix to U.S. retail,' said Ralf Germer, Chief Executive Officer at PagBrasil. 'This collaboration doesn't just expand Pix's global footprint — it gives U.S. merchants a powerful new way to capture spend from millions of Brazilian tourists, while offering shoppers the speed, security and simplicity they already trust at home. It's a win-win for local stores and travelers alike.' Frictionless, Less-Costly In-Store Payments for Brazilian Tourists International Pix allows Brazilian shoppers to pay in their local currency, saving in foreign exchange conversion fees and taxes per transaction. This creates a seamless and cost-effective in-store experience that encourages discretionary and repeat spending. Lower Processing Costs and Fewer Chargebacks for U.S. Merchants International Pix transactions via Verifone are processed at approximately 2% with no additional fees, compared to 2–3% plus fixed fees for credit cards. As a real-time bank-to-bank transfer, Pix payments also help avoid the risk of chargebacks, reducing risk and overhead for merchants. International Pix: Revenue Growth Potential for U.S. Retailers With International Pix now available in the U.S., Verifone and PagBrasil are helping merchants capture more international spend, boost customer satisfaction and loyalty, and stay ahead in an increasingly competitive retail landscape. Capitalizing on Brazil's World Cup Travel Surge Many Brazilians have already traveled to the U.S. for the 2025 FIFA Club World Cup, and even larger numbers are expected for the 2026 FIFA World Cup, where most matches will take place in the United States. The U.S. Travel Association projects that over 6 million international travelers will visit the U.S. for the World Cup. In total, nearly $200 billion in direct travel spending comes from international visitors each year. With Brazilians consistently among the top groups of overseas visitors, International Pix unlocks significant potential for merchants to capture more of this high-value spending during these global events and beyond. About Verifone Verifone is a leading global payments technology provider trusted by the world's top brands. Verifone powers the boundless payments grid, enabling distinctive commerce experiences for merchants, fintech companies, and financial institutions wherever commerce happens. By combining a flexible platform, an open ecosystem of 2,500+ integrations, and four decades of payments expertise, Verifone eliminates payment complexity and expands what's possible across every payment channel. Each year, Verifone processes $8 trillion in transaction value across 165+ countries around the world helping businesses of all sizes to grow without limits. Learn more at: and follow Verifone on LinkedIn, X, Facebook and Instagram. About PagBrasil Headquartered in Porto Alegre, Brazil, with offices in São Paulo and Barcelona, PagBrasil is a technology company that processes digital payments for businesses worldwide, serving major brands such as Samsung, Samsonite, and Ubiquiti. Founded in 2010 by Alex Hoffmann and Ralf Germer, the company integrates all major payment methods in Brazil and is a partner of leading e-commerce platforms such as Shopify and Salesforce. PagBrasil has pioneered innovative technologies that create value for both merchants and consumers. In recognition of its efforts to expand financial inclusion, the company was awarded the Platinum Prize in the Financial Inclusion category at the Fintech Americas Financial Innovators Awards 2025. Other highlights in its portfolio include International Pix and Pix Roaming, innovative solutions that enable Brazilians to pay abroad and allow international visitors to use Pix while traveling in Brazil. Learn more: Website Verifone Media Contact [email protected] A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
22-07-2025
- Business
- Yahoo
Verifone and PagBrasil Launch Exclusive International Pix Payment Solution for Brazilian Shoppers in the U.S.
New partnership enables U.S. merchants to accept Pix payments in Brazilian Reais, enhancing the in-store experience for 1.9M Brazilian tourists annually NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- PagBrasil and Verifone have partnered to launch an in-store alternative payment method (APM) enabling Brazilian shoppers to pay in Brazilian Reais (BRL) using Pix while shopping in the United States. This first-of-its-kind solution allows U.S. merchants to accept the Brazilian payment method. Pix, Brazil's instant payment system created by its Central Bank in 2020, offers a seamless, cost-effective, and frictionless payment experience for Brazilians. It allows users to send and receive money, as well as make payments, within seconds, 24/7, without relying on cash or cards. Now, with International Pix, a solution built by PagBrasil within the Pix framework, Brazilian consumers can make Pix payments in the U.S. with real-time currency launch follows the signing of an exclusive agreement between Verifone and PagBrasil, giving Verifone sole rights to offer the Brazilian company's International Pix payments in the U.S. Merchants can activate International Pix at the point of sale through Verifone's hardware-agnostic, gateway-agnostic APM API without needing to upgrade existing systems. 'This is a game-changer for U.S. merchants in high-tourism markets like Florida and New York,' said Madhu Vasu, SVP Global Product Management at Verifone. 'Only Verifone can offer this capability at the point of sale today, giving merchants a powerful differentiator to attract and serve the 1.9 million Brazilian Tourists who spend more than $4.1 billion annually in the U.S.' The magnitude of this opportunity is reinforced by recent travel trends: from 2023 to 2024, the number of Brazilians traveling to the U.S. rose by more than 17%, reaching 1.9 million visitors. Pix has seen a 57% year-over-year growth in transaction volume and is used by over 160 million people – about 75% of Brazil's population. With this new offering, Brazilian shoppers can now pay in their local currency, avoiding high foreign exchange conversion fees typically charged on international credit card purchases. 'We're thrilled to partner with Verifone to bring International Pix to U.S. retail,' said Ralf Germer, Chief Executive Officer at PagBrasil. 'This collaboration doesn't just expand Pix's global footprint — it gives U.S. merchants a powerful new way to capture spend from millions of Brazilian tourists, while offering shoppers the speed, security and simplicity they already trust at home. It's a win-win for local stores and travelers alike.' Frictionless, Less-Costly In-Store Payments for Brazilian Tourists International Pix allows Brazilian shoppers to pay in their local currency, saving in foreign exchange conversion fees and taxes per transaction. This creates a seamless and cost-effective in-store experience that encourages discretionary and repeat spending. Lower Processing Costs and Fewer Chargebacks for U.S. Merchants International Pix transactions via Verifone are processed at approximately 2% with no additional fees, compared to 2–3% plus fixed fees for credit cards. As a real-time bank-to-bank transfer, Pix payments also help avoid the risk of chargebacks, reducing risk and overhead for merchants. International Pix: Revenue Growth Potential for U.S. Retailers With International Pix now available in the U.S., Verifone and PagBrasil are helping merchants capture more international spend, boost customer satisfaction and loyalty, and stay ahead in an increasingly competitive retail landscape. Capitalizing on Brazil's World Cup Travel Surge Many Brazilians have already traveled to the U.S. for the 2025 FIFA Club World Cup, and even larger numbers are expected for the 2026 FIFA World Cup, where most matches will take place in the United States. The U.S. Travel Association projects that over 6 million international travelers will visit the U.S. for the World Cup. In total, nearly $200 billion in direct travel spending comes from international visitors each year. With Brazilians consistently among the top groups of overseas visitors, International Pix unlocks significant potential for merchants to capture more of this high-value spending during these global events and beyond. About Verifone Verifone is a leading global payments technology provider trusted by the world's top brands. Verifone powers the boundless payments grid, enabling distinctive commerce experiences for merchants, fintech companies, and financial institutions wherever commerce happens. By combining a flexible platform, an open ecosystem of 2,500+ integrations, and four decades of payments expertise, Verifone eliminates payment complexity and expands what's possible across every payment channel. Each year, Verifone processes $8 trillion in transaction value across 165+ countries around the world helping businesses of all sizes to grow without limits. Learn more at: and follow Verifone on LinkedIn, X, Facebook and Instagram. About PagBrasil Headquartered in Porto Alegre, Brazil, with offices in São Paulo and Barcelona, PagBrasil is a technology company that processes digital payments for businesses worldwide, serving major brands such as Samsung, Samsonite, and Ubiquiti. Founded in 2010 by Alex Hoffmann and Ralf Germer, the company integrates all major payment methods in Brazil and is a partner of leading e-commerce platforms such as Shopify and Salesforce. PagBrasil has pioneered innovative technologies that create value for both merchants and consumers. In recognition of its efforts to expand financial inclusion, the company was awarded the Platinum Prize in the Financial Inclusion category at the Fintech Americas Financial Innovators Awards 2025. Other highlights in its portfolio include International Pix and Pix Roaming, innovative solutions that enable Brazilians to pay abroad and allow international visitors to use Pix while traveling in Brazil. Learn more: Website Verifone Media ContactPress@ A photo accompanying this announcement is available at in to access your portfolio
Yahoo
10-07-2025
- Business
- Yahoo
Verifone and Deluxe Strengthen Partnership to Power Unified Payments on Verifone Next-Gen Victa Devices
New integration between Verifone's Victa devices and the Deluxe Payments Platform delivers a seamless, flexible checkout experience for enterprise merchants and their customers. NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- Verifone, the leading payment devices and services company, is expanding its partnership with Deluxe, a trusted payments and data company. As part of this collaboration, Verifone's next-gen Victa devices will integrate seamlessly with the Deluxe Payments Platform, empowering Deluxe and their independent software vendors (ISVs) to deliver fast, secure and modern in-store payments experiences to merchants. 'Verifone and Deluxe have a strong track record of providing trusted payment solutions to merchants across the Americas,' said Rajeev Yerukalapudi, EVP, Global Head of Strategy and Partnerships at Verifone. 'This partnership streamlines in-store payment acceptance for software providers – enabling faster time to market and a more seamless, scalable path to growth.'This expanded partnership streamlines how enterprise merchants deliver secure, modern commerce experiences at scale. Touchless, flexible and friction-free in-store payments experiencesThe seamless integration of Verifone's durable, high-performance devices with the Deluxe Payments Platform enables fast, flexible in-store payments wherever business happens. From Verifone's biometric face and palm authentication to mobile and countertop solutions, merchants can deliver frictionless, touchless checkout experiences tailored to today's in-store shoppers. A scalable device suite that fits seamlessly into your current tech stackMerchants can meet today's demands with rugged, mobile, and OS-agnostic Verifone devices that integrate effortlessly into existing POS environments. With flexible options like SoftPOS and payment puck add-ons, providers can scale quickly and cost-effectively to bring modern payment experiences to market without replacing core infrastructure. Payment solutions that prioritize security and sustainabilityVerifone Victa devices meet the highest security standards — PCI PTS 6.x approved and engineered for future PCI 7.x compliance — combining industry-leading protection with remote anti-skimming detection to help prevent fraud. But the Verifone Victa line is not just built for security protection – it's also built responsibly. Designed with sustainability at the core, Victa devices are on track to use 60% recycled plastic by 2026 and already ship in packaging free of single-use plastics. 'This partnership is about giving our merchants access to the latest enterprise-grade devices—and the advanced capabilities that come with them,' said Brian Mahony, President of Merchant Services at Deluxe. 'By integrating Victa with our Deluxe Payments Platform, we're simplifying device onboarding, speeding up activation, and empowering software partners to deliver more reliable in-store experiences.' The strengthened collaboration unlocks new opportunities for software and solution providers to scale faster and reach more merchants. These experiences are powered by the trusted performance of Verifone devices within the Deluxe payments ecosystem. Discover how Verifone and Deluxe can help software providers and merchants scale faster with seamless, secure in-store payment solutions: About Deluxe Deluxe, a trusted Payments and Data company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our solutions and platforms at all stages of their lifecycle, from start-up to maturity. Our powerful scale supports millions of small businesses, thousands of vital financial institutions and hundreds of the world's largest consumer brands, while processing more than $2 trillion in annual payment volume. Our reach, scale and distribution channels position Deluxe to be our customers' most trusted business partner. To learn how we can help your business, visit us at Verifone The world's leading brands trust Verifone for global payments. We enable distinctive commerce experiences for merchants, fintech companies, and financial institutions wherever commerce happens. Verifone powers the boundless payments grid – by combining our flexible payments platform comprised of devices, applications, services, acquiring and more, an open ecosystem of 2,500+ integrations, and four decades of payments expertise – to eliminate complexity and expand what's possible across every payment channel. Each year, Verifone processes $8 trillion in transaction value across 165+ countries around the world helping businesses of all sizes to grow without limits. Learn more at Verifone Media ContactPress@ A photo accompanying this announcement is available at
National Post
04-06-2025
- Business
- National Post
PopID Closes Equity Financing
Article content Backing from Group of Strategic and Financial Investors Capital Will Facilitate Global Biometric Network Article content LOS ANGELES — PopID announced an equity financing today including investments from Verifone, PayPal, Commerce Ventures, Chipotle's Cultivate Next venture fund, and Visa Ventures. This new financing follows previous investments from Cali Group and the Ching family. Over the past several years, PopID has conducted millions of biometric loyalty and payment authentications, proving that face and palm scans for loyalty and payment authentication at the point of sale have unique benefits for consumers and merchants versus phone and card authentication. Article content 'The additional capital will allow us to work with our partners to build critical infrastructure to support an open loop, global biometric network that can connect point of sale solutions to any loyalty program, card payment method, fintech wallet, buy now/pay later platform, stable coin product, or pay-by-bank scheme,' said John Miller, CEO of PopID. 'Our group of investing partners includes: Article content Verifone, the global platform powering distinctive payment experiences for all types of businesses; Visa, a world leader in digital payments; PayPal, a leading commerce platform with more than 430 million active accounts; Commerce Ventures, a leading venture capital firm in fintech; and the venture fund of a leading fast casual restaurant company, Chipotle.' Article content PopID recently announced a partnership with Verifone to retrofit existing Verifone terminals to accept face and palm authentication and embed biometrics in all future Verifone terminals. The joint solution will leverage Verifone's vast array of existing global assets: 45M devices (15M of which run 200 proprietary payment applications managed by Verifone's cloud-based device management platform); integrations with 2,500 ECRs/POSs; 150+ payment processors, and acceptance of 40+ global, local, and alternate payment methods. Article content 'Our strategic partnership and investment in PopID furthers our decades-long mission to innovate in the payments space for merchants and consumers,' said Himanshu Patel, Verifone CEO. 'Our customers and partners are eager to implement biometric solutions because they are highly secure, convenient and quick. I am confident that together with PopID we will see widespread global adoption of PopID's technology in the coming years.' Article content About PopID Article content PopID provides a comprehensive platform for revolutionizing digital interactions and payments using consumer-initiated biometric verification. PopID's platform gives consumers the option of identifying themselves quickly and easily – with their face or palm – for checking in, earning loyalty, ordering, and making payments – enabling more personalized, secure, and streamlined experiences. To learn more about PopID and its offerings, visit Article content About Verifone Article content Verifone is a leading global payments technology provider trusted by the world's top brands. Verifone powers the boundless payments grid—enabling distinctive commerce experiences for merchants, fintech companies, and financial institutions wherever commerce happens. By combining a flexible platform, an open ecosystem of 2,500+ integrations, and four decades of payments expertise, Verifone eliminates payment complexity and expands what's possible across every payment channel. Each year, Verifone processes $8 trillion in transaction value across 165+ countries around the world helping businesses of all sizes to grow without limits. Learn more at Article content Article content Article content
Yahoo
19-05-2025
- Business
- Yahoo
Bluefin and Verifone Partner to Bring PCI-Validated P2PE to Convenience and Petroleum Retailers
ATLANTA, May 19, 2025--(BUSINESS WIRE)--Bluefin, a global leader in payment and data security, and Verifone, a leading global payments technology provider for all types of businesses, today announced a partnership and integration making Bluefin's Decryptx® solution available to Verifone's 50,000+ convenience and fuel retailing merchants globally. The partnership enables the Verifone Commander convenience store operating system and point of sale to provide Bluefin's PCI-validated Point-to-Point Encryption (P2PE), the first listed solution for forecourt, indoor payments, and car wash transactions. By implementing P2PE at every payment point – in-store, curbside, or at an unattended terminal – merchants can reduce PCI compliance scope by up to 90% while maintaining the highest levels of payment security. Verifone Commander is a powerful site controller that manages payments, fuel and operations for convenience and petroleum retailers. Known for its speed, adaptability and robust integration capabilities, Commander supports a wide range of payment capabilities, enabling merchants to streamline operations and elevate security. "Our collaboration with Verifone is a major step forward in securing payments across the C-store and petroleum verticals," said Sean Gately, Vice President, Security Solutions, Bluefin. "Integrating Decryptx® with Verifone Commander gives fuel retailers a proven, secure PCI-validated P2PE solution that's purpose-built for their complex environments." "Verifone's solutions are renowned for their reliability and industry-leading performance," said James Hervey, Verifone EVP, Head of Petro. "The integration of Bluefin's preeminent Decryptx solution further enhances our built-in compliance and flexible functionality, easing the merchant's workload while delivering the rock-solid security the market knows us for." Verifone is hosting its annual VCF customer conference for petroleum and fuel retailers in St. Pete Beach, Florida, starting on May 19. Bluefin is a sponsor of the event and will be on site to discuss the joint solution. About Verifone The world's leading brands trust Verifone for global payments. We power the boundless payments grid—enabling distinctive commerce experiences for merchants, fintech companies, and financial institutions wherever commerce happens. By combining a flexible payments platform comprised of devices, applications, services, acquiring and more, an open ecosystem of 2,500+ integrations, and four decades of payments expertise, Verifone eliminates complexity and expands what's possible across every payment channel. Each year, Verifone processes $8 trillion in transaction value across 165+ countries around the world helping businesses of all sizes to grow without limits. Learn more at and follow Verifone on LinkedIn, X, Facebook and Instagram. About Bluefin Bluefin is a global leader in payment and data security, specializing in PCI-validated point-to-point encryption (P2PE) and vaultless tokenization to protect cardholder data, PII, and PHI. Our product suite includes both integrated and vendor-agnostic solutions, enabling enterprises, organizations, and SaaS platforms to secure sensitive data with business flexibility. We work with 300+ partners to serve 35,000 clients in 60 countries, securing over 2.5 billion pieces of data annually. Bluefin is headquartered in Atlanta with offices in Waterford, Ireland and Vienna, Austria, and is a Participating Organization of the PCI Security Standards Council (SSC). For more information, visit View source version on Contacts Walker SandsBluefinPR@
