Verifone Systems

VeriFone designs and markets electronic payment solutions for consumers, merchants, and financial institutions. Its product portfolio is comprised of contactless and countertop systems as well as electronic cash register and payment devices, PIN pads, POS systems, indoor and outdoor unattended payment solutions, wireless handheld payment devices, and point-of-sale receipt printers. The Company also provides software solutions for card acceptance, mobile payments, security and encryption, POS integration, value-added and prepaid services, issuing and acquiring, estate management, petroleum and convenience, and device-driven technologies as well as development tools. It provides media solutions such as digital network, taxi tops and wraps, and mobile or SMS solutions through sales representatives in different regions of the USA.

Employee Rating

3More
TypeSubsidiary
Parent CompanyFrancisco Partners
HQSan Jose, CA, US
Founded1981
Websiteverifone.com
Cybersecurity ratingCMore
Verifone Systems was founded in 1981 and is headquartered in San Jose, CA, US

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Verifone Systems Office Locations

Verifone Systems has offices in San Jose, Alpharetta and Clearwater
San Jose, CA, US (HQ)
2560 N 1st St #220
Alpharetta, GA, US
11700 Great Oaks Way #210
Clearwater, FL, US
300 N Park Pl Blvd #100
San Jose, CA, US
88 W Plumeria Dr
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Verifone Systems Financials and Metrics

Summary Metrics

Founding Date

1981

Total Funding

$17.6 m
In total, Verifone Systems had raised $17.6 m. Verifone Systems is a subsidiary of Francisco Partners

Verifone Systems Revenue

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Verifone Systems's revenue was reported to be $1.87 b in FY, 2017
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

594.6m454.1m268.2m250.2m208.9m148.4m131.0m

Accounts Receivable

294.4m366.9m187.9m13.9m322.7m

Prepaid Expenses

88.1m136.2m138.4m

Inventories

144.3m178.3m138.7m124.3m129.7m175.2m126.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

282.4m65.0m(296.1m)(38.1m)80.4m(9.7m)(175.3m)

Depreciation and Amortization

48.3m177.8m179.2m140.7m

Inventories

23.2m(19.3m)26.8m9.5m(16.4m)(45.7m)30.4m

Accounts Payable

29.5m31.8m(77.0m)47.4m41.2m(39.6m)(7.6m)
USDQ1, 2011

Financial Leverage

4.4 x
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Verifone Systems Operating Metrics

FY, 2014FY, 2015FY, 2016Apr, 2018

Countries

150 150 150 150

Devices

20 m27 m30 m30 m

Patents Issued

363 350 334

Transactions

5.40 b7.60 b
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Verifone Systems Revenue Breakdown

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Verifone Systems revenue breakdown by business segment: 62.1% from Systems and 37.9% from Services

Verifone Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Verifone Systems Online and Social Media Presence

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Verifone Systems News and Updates

Contactless Payments market is increasing world-wide with Heartland Payment Systems, Verifone Systems Inc

HTF MI recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Contactless Payments market. Posted via Industry Today. Follow us on Twitter @IndustryToday

Verifone Systems Frequently Asked Questions

  • When was Verifone Systems founded?

    Verifone Systems was founded in 1981.

  • How many employees does Verifone Systems have?

    Verifone Systems has 4,599 employees.

  • What is Verifone Systems revenue?

    Latest Verifone Systems annual revenue is $1.9 b.

  • What is Verifone Systems revenue per employee?

    Latest Verifone Systems revenue per employee is $406.8 k.

  • Who are Verifone Systems competitors?

    Competitors of Verifone Systems include Checkout.com, Ingenico Group and Essendant.

  • Where is Verifone Systems headquarters?

    Verifone Systems headquarters is located at 2560 N 1st St #220, San Jose.

  • Where are Verifone Systems offices?

    Verifone Systems has offices in San Jose, Alpharetta and Clearwater.

  • How many offices does Verifone Systems have?

    Verifone Systems has 4 offices.