Press Release

German Retailer Bartels-Langness Selects Verifone to Offer Customers Intuitive, Multimedia Self-Checkout Experiences

Company Release - 1/16/2017 8:00 AM ET

NEW YORK--(BUSINESS WIRE)-- The German retailer Bartels-Langness Handelsgesellschaft (Bela) has selected Verifone (NYSE: PAY), a world leader in payments and commerce solutions, to enable shoppers in Germany with smart, interactive experiences at checkout including special promotions and a variety of payment options including mobile wallets.

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German Retailer Bartels-Langness (Bela) Selects Verifone to Offer Customers Intuitive, Multimedia Se ...

German Retailer Bartels-Langness (Bela) Selects Verifone to Offer Customers Intuitive, Multimedia Self-Checkout Experiences (Photo: Business Wire)

“Consumers appreciate seamless, secure and convenient shopping experiences at the checkout more than ever today,” said Markus Hövekamp, general manager of Verifone Germany. “With Verifone solutions, Bela will enable their stores to empower shoppers to keep track of their goods, pay at their own speed, and see and use offers and deals at the self-checkout.”

"Anyone wishing to offer their customers a contemporary shopping experience must ensure a strong electronic cash register infrastructure," says Günter Heppes, Head of IT, Bartels-Langness. “With Verifone solutions, we have a lot of options which allow us to close the customer’s shopping journey with positive experiences that increase loyalty to the store.”

Bela will install more than a hundred Verifone MX925 multimedia devices at its food retail chain, Familia, one of the few German retailers that offers checkout lanes with self-scanning and payment options in all of their branches.

Visit Verifone Booth #3543 to demo the MX device and the new Verifone M400 multilane.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and on currently available competitive, financial and economic data and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of VeriFone Systems, Inc., including many factors beyond our control. These risks and uncertainties include, but are not limited to, those associated with: successful deployment of our Mx payment solution with Bela, execution of our strategic plan and business initiatives and whether the expected benefits of our plan and initiatives are achieved, short product cycles and rapidly changing technologies, our ability to maintain competitive leadership position with respect to our payment solution offerings, our assumptions, judgments and estimates regarding the impact on our business of the continued uncertainty in the global economic environment and financial markets, our ability to successfully integrate acquired businesses into our business and operations, our ability to protect against fraud, the status of our relationship with and condition of third parties such as our contract manufacturers, distributors and key suppliers upon whom we rely in the conduct of our business, our dependence on a limited number of customers, the conduct of our business and operations internationally, our ability to effectively hedge our exposure to foreign currency exchange rate fluctuations, and our dependence on a limited number of key employees. For a further list and description of the risks and uncertainties affecting the operations of our business, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. The forward-looking statements speak only as of the date such statements are made. Verifone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

About Verifone

Verifone is transforming everyday transactions into opportunities for connected commerce. We’re connecting payment devices to the cloud—merging the online and in-store shopping experience and creating the next generation of digital engagement between merchants and consumers. We are built on a 30-year history of uncompromised security with approximately 29 million devices and terminals deployed worldwide. Our people are known as trusted experts that work with our clients and partners, helping to solve their most complex payments challenges. We have clients and partners in more than 150 countries, including the world’s best-known retail brands, financial institutions and payment providers.

Verifone.com | (NYSE: PAY) | @verifone

Verifone
Kwiyoung Baumgarten, 770-754-3460
Kwiyoung.baumgarten@verifone.com

Source: Verifone