Deliver Your News to the World

Türkiye Finans Katılım Bankasi Shifts to VeriFone Systems


VeriFone Holdings, Inc. (NYSE: PAY) announced today that it has been awarded a contract for 20,000 payment systems and PINpads by Türkiye Finans Katilim Bankasi, A.S., replacing a long-term incumbent competitor.

Türkiye Finans is the leader and pioneer of Turkey’s interest-free banking sector, which provides financial products and services. VeriFone will supply approximately 20,000 payment systems, including the NURIT 8400 and NURIT 8210 countertop models, the NURIT 8010 wireless model, and the PINpad 1000SE. Türkiye Finans is the first customer in Turkey to deploy the NURIT 8400.

“This is a tremendous competitive win and an affirmation of our strategy to broaden VeriFone’s share,” said Lazy Yanay “VeriFone is extremely pleased to work with Türkiye Finans to update its electronic card payment capabilities.”

Turkiye Finans’ mission is to meet banking needs of their customers in terms of the state of the art technology and within the framework of international banking principles. “We found the VeriFone products would be the best fit for replacing most of our existing terminals in the field.” said Ahmet Yıldırım, Manager of Consumer Banking Operation Department, Türkiye Finans Katılım Bankası.

The NURIT 8400 is a highly flexible countertop payment terminal with a full range of dial-up, LAN and wireless communications choices and a wide variety of device interface options. The secure, reliable and easy-to-use multi-application system is suitable for a wide variety of retail locations, from small and medium-sized businesses to department stores and multi-lane outlets. In addition to magnetic stripe and smart card EMV-based credit and debit transactions, it supports value-added services, such as loyalty programs, gift cards and prepaid services.


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.