The Merchant Services & Business Insider Rotating Header Image

March 20th, 2012:

VeriFone Gateway Volume Hits $10 Billion

PAYware Connect from VeriFone announced on March 19, 2012 that its processing volume has now exceed $10 billion dollars.  That makes VeriFone’s PAYware Connect the largest payment processor for mobile payments – even exceeding the much lauded Square.

The system is easy to use and promises simple PCI compliance which is a necessity in today’s merchant services world.  Some may be surprised by the success of VeriFone’s PAYware connect – yet in reality this success is no surprise.  VeriFone has been making industry leading merchant equipment for years such as the top selling Verifone VX670 and the Verifone VX570.