• VeriFone announces MX880 payment system

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NEW YORK — VeriFone Holdings Inc. recently introduced the MX880, a customer-facing multi-function payment system that combines a tactile keypad with the largest full-motion color video display and most powerful processor in the VeriFone MX Solutions retail portfolio.

With a secure, Linux-based operating system, forms-based application development environment and optional browser-based user interface, the MX880 offers maximum flexibility for creating secure payment and value-added applications. Based on the popular MX800 Series architecture, over 50 independent software vendors will be able to easily offer support for the MX880 to their clients.

"With more than 300,000 systems installed, the MX800 Series has become the de facto standard in consumer facing payment systems," said Paul Rasori, VeriFone senior vice president, marketing. "With the combination of large screen and tactile keypad, the MX880 adds more choice and flexibility for retailers, who can mix and match it with other MX800 systems in their unique environment to maximize revenue-generation schemes."

Designed to meet payment card industry PIN entry device specifications, the MX880 goes beyond industry security standards by supporting VeriShield Protect, VeriFone's end-to-end cardholder data encryption solution. The MX880 delivers high-impact promotions and value-added applications, while quickly and securely processing payments in every kind of situation, from high-volume attended lanes, to self-service check-outs and kiosks. The tactile keyboard ensures compliance with all requirements for PIN entry by the visually impaired.

The new system, like other members of the MX800 Series, takes advantage of VeriFone's PAYware Vision, a fully integrated suite of software for device asset tracking, remote software downloads, marketing content delivery, signature capture and charge back processing, all from a secure central point of administration.

The MX880 provides maximum display space for video promotions and signature capture, incorporated with a tactile keypad for PIN entry. The large screen area efficiently accommodates optional signature capture, coupled with scrolling receipts, full-motion video, branding and suggestive selling.

The MX880 will be available by mid-2009.

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