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EMV-ready payment terminals unveiled in Saudi Arabia market

: Thursday, August 28 - 2014 @ 10:04

VeriFone Systems has launched two Europay, Mastercard and Visa (EMV)-ready payment terminals from VX Evolution, its latest line of portable and countertop terminals, in the Saudi Arabia market with its partner International Turnkey Systems Group (ITS). The Saudi Arabian Monetary Agency (Sama), the central bank of Saudi Arabia, certified VeriFone’s VX 520, an advanced countertop payment system, and the VX 675, the world’s smallest, full-function, wireless handheld payment device, said a statement. Sama oversees the Saudi Payments Network (SPAN), the payment system in the kingdom that connects all ATM and point of sale (POS) terminals, it said. Bulent Ozayaz, president of Southern Europe, Russia, Middle East and Africa for VeriFone, said: “VeriFone is committed to providing leading edge, certified terminal solutions to meet the needs of our clients in key markets. Working in partnership with ITS, we are able to continue to extend our global payments industry leadership into the Kingdom and ultimately throughout the region.”

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Thursday, August 28- 2014 @ 10:04 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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