Australia’s Westpac Banking will be the first bank in Asia Pacific to deploy Verfone’s new handheld EMV and NFC-enabled terminal solution that is fully supported with payment services.
With more than 13 million customers, Westpac Group is one of the largest financial services institutions in Australia and New Zealand. Westpac Group”including St. George, Bank of Melbourne and Bank SA”will provide the VX 690 payment terminal from Verifone along with full terminal management support through Verifone’s Payment as a Service platform. The partnership provides a superior level of servicing that will offer Westpac Group’s merchant clients a market leading platform for faster onboarding, the ability to see their daily transaction activity in real-time and full support provided by Verifone’s technical expertise.
A handheld payment terminal, the VX 690 can accept all types of payments”including EMV, NFC and mobile wallets. It features Bluetooth, 3G radio and Wi-Fi connectivity that meets merchants’ demands”especially where multiple connectivity options are increasingly required for payment device acceptance.
The terminal will also be able to accept cards branded by UnionPay International (previously China UnionPay).
Verifone’s Payment as a Service platform will enable merchants to connect the terminals to Verifone’s gateways for efficient transaction routing, simplified device monitoring and enhanced payment security and compliance. Each terminal is also backed by Verifone’s call center and field support services.
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