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Verifone has also been working to marry the smart card to the Internet; in 1996, the company introduced the Personal ATM (P-ATM), a small smart card reader designed to be attached to the consumer's home computer, which will enable the consumer not only to make purchases over the Internet, but also to "recharge" the value on the card.
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In 2001, Bergeron led the acquisition of VeriFone from Hewlett-Packard and became its chairman and CEO. In 2002, Bergeron partnered with GTCR and embarked upon a strategy to aggressively grow VeriFone into a multinational company. As of May 2012, VeriFone’s enterprise value was approximately $5 billion, a 100 times increase.
A payment terminal allows a merchant to capture required credit and debit card information and to transmit this data to the merchant services provider or bank for authorization and finally, to transfer funds to the merchant. The terminal allows the merchant or their client to swipe, insert or hold a card near the device to capture the information.
Payment Processing Services. Website. www.chasepaymentech.com. Chase Paymentech is a payment processing and merchant acquiring business of JPMorgan Chase ( NYSE: JPM). Paymentech payment platforms supports businesses to process payments. Paymentech authorises payment transactions in more than 130 currencies.
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Owner. Apollo Global Management. Number of employees. 3,500. Website. ingenico .com. Ingenico is a French merchant services technology company, that facilitates secure electronic transactions. The company expanded as a manufacturer of point of sale (POS) payment terminals to also include complete merchant payment SaaS and related services.
WePay, Inc. WePay is an online payment service provider based in the United States. It provides an integrated and customizable payment solution, through its APIs, to platform businesses such as crowdfunding sites, marketplaces and small business software companies. It also offers partners fraud and risk protection.