VeriFone announced that Concord EFS, Inc., a leading electronic payments processor, is the first processor to certify and install VeriFone’s Omni 3210 terminal, the new and improved version of VeriFone’s best-selling e-payment terminal — the Omni 3200. The terminal features an internal PINpad that easily facilitates the acceptance of debit and electronic benefits transfer (EBT) transactions. Hundreds of merchants have already installed the Omni 3210 using Concord for debit processing services. Concord plans to offer the easy-to-use Omni 3210 terminal to its small merchant, quick service restaurant, and convenience store customers, providing them with the ability to add debit and EBT acceptance easily at any time. Concord, the largest acquirer of PIN-secured debit transactions in the U.S., recommends debit to help merchants lower transaction costs.
“Our merchants want to extend the convenience of debit and EBT to their customers,” said Edward A. Labry III, Concord president. “The Omni 3210 with its all-in-one functionality and attractive design offers merchants convenience and ease of use without compromising on performance and reliability. It is quite simply good for business.”
The Omni 3210’s key features include an internal PINpad to support debit, EBT and other PIN-based transactions, offering everything a merchant needs in a compact countertop device. Installation is a breeze; merchants simply plug in the power cord, connect the phone line and begin doing business. A swivel stand allows the terminal to act as both a clerk-facing and customer-input device. The high-speed integrated thermal printer, which operates at 12.5 lines per second, features a built-in paper cover and ribbonless output to eliminate most of the moving parts that cause paper jams and other breakdowns.
“What really sold me on the Omni 3210 was the ease of installation and ease of use. The swivel stand allows my customers to easily enter PINs and the all-in-one design results in less clutter on my countertop,” said Susan Young, owner of Antiques and Art, Somerset, Ohio. “Plus, the ATM-style display really simplifies clerk training.”
The Omni 3210 runs with VeriFone’s SoftPay e-payment software, making it easy for merchants to process payments quickly and customize payment requirements to their needs. Merchants can choose from more than 100 configurable software options.
About Concord EFS, Inc.
Concord (Nasdaq:CEFT) is a leading, vertically-integrated electronic transaction processor, providing transaction authorization, data capture, settlement and funds transfer services to financial institutions, supermarkets, petroleum retailers, convenience stores, and other independent retailers. Concord’s primary activities include Network Services, providing ATM driving, online and signature debit card processing, and STAR(sm) network access to the financial services industry; and Payment Services, providing credit, debit, check authorization, and electronic benefits transfer (EBT) processing services to selected retail segments.
About VeriFone, Inc.
VeriFone, Inc., ([http://www.verifone.com]) is the leading global provider of secure electronic-payment solutions for financial institutions, merchants and consumers. VeriFone has shipped more than nine million electronic-payment systems, which are used in more than 100 countries. VeriFone, Inc. is held by Gores Technology Group, an international acquisition and management company.
About Gores Technology Group
With headquarters in Los Angeles, Gores Technology Group (GTG) is a privately held international acquisition and management firm that pursues an aggressive strategy of acquiring promising high-technology organizations and managing them for growth and profitability. GTG has made a name for itself by acquiring and successfully managing companies — including many divisions acquired from large publicly traded companies — through its commitment to customers, employees and continued development of intellectual property. GTG has acquired and managed approximately 35 interrelated but autonomous technology-oriented companies with locations throughout the world. Those companies provide a broad range of technology-based products and services to a substantial customer base representing millions of active users worldwide. Visit the company’s Web site at [www.gores.com].
For further information on Gores Technology Group please contact Michael Sitrick, firstname.lastname@example.org, or Terry Fahn, email@example.com, both of Sitrick and Company, 310/788-2850.