Payments Terminals support end-to-end encryption.

VeriFone Holdings, Inc. Apr 21, 2010

Press Release Summary:

To support varied merchant environments, VX Evolution series is powered by Verix architecture for backwards compatibility and designed to PCI PED 2.0 specifications. Configurations include ARM11 advanced processors, 160 MB memory (countertop model VX 520), and USB ports. VeriShield Protect technology supports end-to-end encryption of card data, and optional contactless technology enables acceptance of cards, fobs, and mobile phone initiated payments.

Original Press Release:

VeriFone VX Evolution Takes Payments to the Next Level

Extends Popular VX Platform with Next-Generation Performance, Full Spectrum Security and Extended Life Design

LAS VEGAS (ETA 2010, Booth #221) - VeriFone Holdings, Inc. (NYSE: PAY), today unveiled VX Evolution, delivering the next generation of its popular VX payment solutions family with market-leading enhancements including integrated contactless and end-to-end encryption.

The VX Evolution series represents a complete line of powerful new payments solutions on one architectural platform that supports varied merchant environments, reflects changing market needs and is designed for extended life. The four new systems announced today are powered by the Verix architecture to ensure backward compatibility and eliminate any need for retraining of sales, support and deployment resources.

"Verix is the most trusted payment architecture in the world, representing more than 8 million devices," said Paul Rasori, VeriFone senior vice president, marketing. "VX Evolution continues to demonstrate our commitment to protect customer investments in our systems and solutions. We've taken the best of the proven VX line and created a complete new family of forward-looking and backward-compatible solutions that meet tomorrow's challenges while supporting existing applications."

VeriFone today announced four new VX Evolution systems designed to PCI PED 2.0 specifications, all featuring industry-leading performance with ARM11 advanced processors and large standard memory configurations.

The VX Evolution systems provide VeriShield Protect technology built-in to support end-to-end encryption of card data, feature standard USB ports for maximum flexibility, and optionally include integrated contactless for acceptance of contactless cards, fobs and mobile-phone initiated payments:

VX 520 - The countertop workhorse, featuring standard 160MB memory for unprecedented performance and security as well as multiple communications options, including dial, Ethernet, and GPRS quad-band, as well as battery capability for mobile use

VX 680 - A leap forward in mobile payment featuring more memory, more power, and large color display touch screen and full range of communications options for WiFi, GPRS, CDMA and Bluetooth connectivity

VX 820 - A fully-loaded programmable PIN pad featuring a 3.5" color display and touch screen, with a back-lit keypad that is easier to use and builds upon user-based design for easier interaction and data entry. Connectivity is simplified with a single-port link to USB, Ethernet or serial communications.

VX 820 DUET - A stylish, hand-over payment device with integrated PIN pad functionality that consolidates the functions of a modern countertop device and a separate PIN pad into one, easy-to-handle device for both consumer and merchant use.

The intuitive, user-friendly interface and consistent features of the VX platform let customers quickly deploy the latest enhancements with minimal additional end-user training, lower costs to stay current and the least impact on help desks.

Market availability of the VX 520 and VX 680 is scheduled for May, while the VX 820 and VX 820 DUET are scheduled before the end of the calendar year.

Additional Resources:
http://vx-evolution.verifone.com