Payments

Verifone Partners with Xpient Solutions to Provide PAAS for QSRs and Dining Markets

In May 2013, Xpient Solutions integrated Verifone's customer-engagement acceptance systems with their IRIS point-of-sale (POS) software. Yesterday (19th March, 2014) Verifone announced its partnership with Xpient to provide a class leading payment-as a service (PAAS) solution for quick service restaurant (QSR) and fast-casual dining markets.

“XPIENT powers some of the most recognized quick service and fast casual restaurant brands. Our partnership with VeriFone yields a ground-breaking solution that provides restaurants with best-in-class POS functionality and data security as well as a direct path to accepting EMV and NFC presentment and other forms of payment that are growing in popularity among consumers,” said Xpient Solutions CEO, Christopher Sebes.

  • IRIS is a flexible POS application from XPIENT Solutions, a leading provider of comprehensive technology solutions used by 17 of the top 50 QSR brands.
  • Integration of XPIENT’s platform with VeriFone’s PAAS solution—VeriFone Point—enables restaurant operators to future-proof payment infrastructure for EMV and NFC payment acceptance.
  • It also enhances data security with a SRED and PCI PA DSS certified end-to-end encryption solution.
  • The platform is available on all VeriFone terminals, including mobile devices, and offers restaurants the flexibility to select any processor they choose.

Verifone brings with it the following Features:

VeriShield Total Protect: An end-to-end encryption and tokenization solution that protects retailers’ brands and reduces PCI complexity by eliminating usable cardholder data at the point of swipe.

VeriFone HQ: An advanced solution that reduces estate management complexity, protects POS investments, and reduces total cost of ownership by keeping systems consumer-ready through remote diagnostics, device management and content management.

“We understand the challenges facing restaurants and their service providers when it comes to protecting customer data and having the technology in place to accept future payment types,” said VeriFone Americas President, Jennifer Miles. “Through our partnership with XPIENT, restaurants now have the flexible and reliable bundle of best-in-class hardware, software and services they need to quickly and easily adapt to changing security mandates and bolster their point of sale to accept EMV credit cards, mobile and other types of alternative payments.”

Chiraag Patel

Chiraag Patel is a Senior Reporting Analyst and the Editor of Bitcoin and Virtual Currency channels at Lets Talk Payments. He is an engineer with deep interest in MMORPG, Virtual Banking, Game Currency and Virtual Cash. Chiraag enjoys Reading& Blogging with focus on New Innovation, Technology & Startups in the Payments Space.

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