VeriFone, the leading global provider of secure electronic payment solutions and a wholly owned subsidiary of Hewlett-Packard, announced Thursday the completed integration of Oracle Payment Server with VeriFone’s vPOS (virtual point of sale) merchant payment software. Merchants like the Future Shop, the largest retailer of computers and consumer electronic products in Canada, now have a simple and secure commerce-enabled Internet storefront solution that is able to process live payment transactions directly with the merchant’s financial institution.
“Moving to the Internet was a natural progression for our retail business,” said Gary Patterson, chief financial officer at Future Shop. “With the integration of Oracle Payment Server with VeriFone’s vPOS payment software, we are now able to truly conduct business over the Internet and have a secure link to process transactions with our bank.”
“The completion of this integration exemplifies how VeriFone and Oracle are working together to help customers payment-enable their electronic commerce and other business applications,” said Andy Felong, vice president of the Internet Applications Division at Oracle. “Customers can now use this integrated payment solution to easily and cost-effectively establish a secure means to conduct payment transactions over the Internet.”
“Oracle Payment Server combined with VeriFone’s vPOS merchant payment software allows merchants to leverage the business opportunities the Internet offers,” said Tom Kilcoyne, general manager, Software Division, VeriFone, Inc. “vPOS software brings Oracle Payment Server customers SET and SSL-based payment processing allowing them to conduct online business in a secured manner.”
The integrated solution of Oracle’s Payment Server and VeriFone’s vPOS 4.0 software is generally available.
VeriFone, Inc. (), a wholly owned subsidiary of Hewlett-Packard Company, is the leading global provider of secure electronic payment solutions for financial institutions, merchants and consumers. VeriFone has shipped more than six million electronic payment systems, which are used in over 100 countries.Details