FROM EARLIER: VeriFone Awarded 2 Year Contract to Provide Managed Services for ChinaPnR

VeriFone Systems (NYSE: PAY ), today announced it has been awarded a two-year contract to provide managed services for as many as 100,000 POS payment devices operated by ChinaPnR, a leader in China's electronic payment industry. Under the agreement, ChinaPnR is outsourcing the management of increasingly complex payment devices