VeriFone Introduces EverestPlus, a High-Security Payment Terminal

VeriFone, a division of Hewlett-Packard Company, has unveiled EverestPlus, a cutting-edge payment terminal designed to enhance security and efficiency in multi-lane markets. This innovative solution boasts an improved design, advanced security features, and a three-year limited warranty. The terminal's triple-track card reader can read all magnetic stripe cards, including driver's licenses, while its keypad and ATM-style PINpad ensure swift and error-free transactions. With support for existing Everest applications and peripherals, EverestPlus is a reliable and cost-effective option for merchants.

Key Takeaways:

• EverestPlus features a triple-track card reader that reads all magnetic stripe cards, including driver's licenses.
• The terminal includes a keypad with tactile enhancements for visually challenged customers and a cable-locking mechanism to reduce clutter.
• EverestPlus supports existing Everest applications and works with peripherals and other equipment used with the Everest terminal.
• The terminal's built-in card reader and ATM-style PINpad enable fast and error-free transactions.
• EverestPlus is compliant with Visa's and MasterCard's PED standards and features advanced security features to thwart online debit PIN fraud.
• The new security platform incorporates tamper-resistant capabilities and sophisticated file authentication.

Statistics:

• Over 7 million electronic-payment systems have been shipped by VeriFone.
• VeriFone has operations in more than 100 countries.
• Hewlett-Packard Company (HP) had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year.
• HP has 83,200 employees worldwide.

Sources:

• BUSINESS WIRE, VeriFone Introduces EverestPlus, a New and Improved Version of Its Leading Multi-Lane Payment Terminal (January 17, 2000)
• HP Hewlett-Packard Company, Year 2000 Program, Press Release ()
• HP Hewlett-Packard Company, About Agilent Technologies, available at http://www.hp.com