“VeriFone and Atos Euronext partner for the French market”
Paris - November 4, 2002
AtosEuronext Payment Solutions and VeriFone have defined a partnership covering three areas:
- The partners have revitalized and ensured the sustainability of VeriFone's SoftPOS software by developing a new version of the French CB5.2 module that integrates EMV standards.
- AtosEuronext Payment Solutions is upgrading software for the new VeriFone SC5000 PINpad to meet CB5.2 specifications.
- AtosEuronext Payment Solutions and VeriFone have also signed a longer-term partnership agreement whereby AtosEuronext Payment Solutions will become a VeriFone International Partner (VIP) software provider for France.
AtosEuronext and VeriFone:
Developing a CB5.2 electronic payment solution
By combining their respective expertise in hardware and software, VeriFone and AtosEuronext have created a powerful partnership to develop a new version of SoftPOS that will enable processing of EMV cards, thereby ensuring the long-term viability of this integrated electronic payment software solution.
AtosEuronext and VeriFone will start delivering the new solution on the basis of the timetable defined by GIE Cartes Bancaires for the implementation of EMV standards on merchant sites.
Retailers who are already equipped with the SoftPOS solution will therefore be able to protect their investment while complying with the new standard, which is also intended to help reduce card fraud.
Concerning the supply of PINpads, which are key components in the transaction processing chain, AtosEuronext will migrate existing solutions to VeriFone's new SC5000 hardware platform by spring 2003. The PINpad, which has already received EMVCo. Level 1 and Level 2 approval, is now being upgraded by AtosEuronext to CB5.2 specifications.
Future Ensured for SoftPOS CB5.2 and PINpad SC5000
AtosEuronext will promote VeriFone's SoftPOS V5.2 and the new PINpad SC5000 software payment solutions, which have been very well received in the marketplace. This makes AtosEuronext Payment Solutions the VeriFone International Partner for software in France. The company will also work closely with leading French systems integrators and maintenance service providers.
AtosEuronext also markets AnimCo, a real-time, in-store loyalty application used by several thousand stores in France, Belgium and Luxembourg, which will also help ensure future demand for SoftPOS software solutions.
About VeriFone, Inc.
VeriFone, Inc., (http://www.verifone.com) recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. VeriFone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. The company has an extensive network of VeriFone International Partners (VIPs) located across the EMEA region, teaming its best-of-breed solutions with strong in-country representation and local market knowledge. VeriFone has shipped over ten million electronic-payment systems, more than twice the number of its nearest competitor.
AtosEuronext is a 50-50 joint venture established in 2000 between Euronext, the leading pan-European exchange, and Atos Origin, a leading European IT Services company. The combination of the founders' strong competencies in financial flows and high technology has created a leading European player in critical real-time transactional solutions for financial services and retailing. AtosEuronext has 1,500 employees in Amsterdam, Brussels and Paris.
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