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VeriFone Systems, Inc. (NYSE:PAY)
Contact Information
VeriFone Systems, Inc.
2099 Gateway Place, Ste. 600
San Jose, CA 95110
CA Tel. 408-232-7800
Toll Free 800-837-4366
Fax 408-232-7811

Type: Public
On the web: http://www.verifone.com
Employees: 3,794
Employee growth: 47.9%

VeriFone doesn't mind long check-out lines, but it does try to make them move faster. The company is a leading supplier of electronic payment equipment such as point-of-sale software and terminals, smart card and check readers, receipt printers, and Internet commerce software. It also gets sales from installation, training, and other services. Customers include government agencies and companies in the hospitality, retail, and health care markets. With clients ranging from small merchants to government-sponsored payment processors, VeriFone augments its direct sales force with a network of distributors, resellers, and systems integrators. More than 65% of VeriFone's revenues are generated outside the US.

Key numbers for fiscal year ending October, 2011:
Sales: $1,303.9M
One year growth: 30.2%
Net income: $282.4M
Income growth: 185.8%

Officers:
Chairman: Charles R. Rinehart
CEO and Director: Douglas G. (Doug) Bergeron
SVP and CFO: Robert Dykes

Competitors:
Ingenico
NCR
Radiant Systems



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