News

Heartland/Verifone Align For Merchant EMV Migration

Verifone and Heartland Payment Systems are teaming up in the name of EMV.

Yesterday (March 30), the two companies announced an alliance and a series of initiatives that are designed to provide merchants with EMV-ready payment processing and enhanced security.

Heartland is a payments processor that serves more than 300,000 business and educational locations throughout the U.S. With the alliance, Verifone’s EMV and NFC-enabled VX 520 payment terminal and VX 805 PIN pad are now available with Heartland Secure E3 end-to-end encryption and tokenization. The offering, the press release notes, will provide merchants with enhanced payment security as well as accommodating merchant migration to EMV in accordance with the upcoming mandated liability shift.

“A renewed alliance between Heartland and Verifone ensures merchants have access to the most secure and flexible payments solutions on the market today,” said Heartland Chairman and CEO Robert O. Carr. “Verifone’s popular VX terminals are both Heartland Secure-certified and support E3 encryption, providing merchants with an extensive range of payment device options.”

“Providing merchants the flexibility to easily accept new forms of payment and effectively protect customer data is just one example of Heartland’s unwavering commitment to its clients’ success,” said Paul Galant, CEO of Verifone. “Heartland’s emphasis on empowering merchants with innovative products and services that can enhance and grow their businesses and meet consumers’ changing demands is why Verifone is proud to partner with such a customer-focused processor.”

——————————–

Featured PYMNTS Study: 

With eyes on lowering costs to improving cash flow, 85 percent of U.S. firms plan to make real-time payments integral to their operations within three years. However, some firms still feel technical barriers stand in the way. In the January 2020 Making Real-Time Payments A Reality Study, PYMNTS surveyed more than 500 financial executives to examine what it will take to channel RTP interest into real-world adoption. Here’s what we learned.

Click to comment

TRENDING RIGHT NOW