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1980-1984 Highlights & Important Events

  • Verifone founded and incorporated in Hawaii on April 14, 1981.
  • Verifone launches its first product - Veri-Fone (standing for VERIFication telephONE). Performed check verification and credit authorization. The Veri-Fone device was one of first terminals designed to replace voice authorization with electronic authorization of credit card transactions. First order received for 200 Veri-Fones from Tymshare.
  • The first Verifone office opens in downtown Honolulu, HI in 1982.

1985-1989 Highlights & Important Events

  • Verifone starts its Verifone International Partner (VIP) program in 1988, helping international partners develop and market system solutions to Verifone customers around the globe.
  • Verifone ships its 1 millionth system in 1989.
  • The Wall Street Journal touts Verifone as one of 56 "Corporate Stars of the Future."
  • Verifone hosts the first industry-wide conference on Transaction Automation.

1990-1994 Highlights & Important Events

  • In 1990, Verifone goes public, opening on the NASDAQ stock exchange.
  • Verifone is featured in Forbes Magazines as one of America's 200 Best Small Companies in 1991. The company is also featured in 1992 and 1995.
  • Verifone introduces the first smart card reader.
  • Verifone expands service offerings with Verifone Finance in 1994.

1995-1999 Highlights & Important Event

  • In 1995, Verifone moves from the NASDAQ to the New York Stock Exchange, listed as VFI.
  • In 1996, the company enters its 100th country, makes its debut on the World Wide Web and introduces a suite of Internet commerce products for consumers, merchants and processors.
  • In 1997, Verifone is acquired by Hewlett-Packard and is recognized by the Computerworld Smithsonian Awards for its visionary use of information technology in the field of Business and Related Services.

2000-2004 Highlights & Important Events

  • Verifone, Inc. is acquired by Gores Technology Group in 2001.
  • Verifone and McAfee develop the first POS payment terminal virus protection solution in 2004.
  • Verifone plays a crucial role in shift of food stamp benefits from a paper system to an electronic program.
  • Verifone expands dominance in Quick Service Restaurant (QSR) market with IP-enabled payment solutions.
  • Verifone expands global presence by opening regional headquarters in the Philippines.

2005-2009 Highlights & Important Events

  • Verifone Holdings Inc. holds its IPO, listing on the New York Stock Exchange with ticker symbol PAY in 2005.
  • Verifone opens an international headquarters in Singapore in 2006.
  • Verifone targets Latin America integrated systems growth with new regional integrated systems organization in 2008.
  • In 2009, PAYware Mobile for iPhone launched, allowing for secure mobile transactions.

2010-NOW Highlights & Important Events

  • Verifone Holdings changes its name to Verifone Systems, Inc.
  • PAYware Mobile Enterprise wins prestigious SESAMES awards at CARTES, Paris.
  • Verifone and Google partner to power NFC-based mobile payments.
  • In 2012, Verifone jumpstarts merchant EMV migration.
  • Verifone extends convenience store digital media reach with LIFT Retail acquisition.
  • Verifone ranked as a Top 10 payment innovator by the Payments Innovation Index (Pii360) on March 20, 2015