VERIFONE SYSTEMS, Inc. (NY: PAY)
32.65 USD  UNCHANGED
Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(PAY) Community Analysis from
April 19, 2014
(Wax Ink, 2/22/13)
Texas ( Feb. 22, 2013) Wax Ink has issued an Investment Interest rating for VeriFone Holdings, Inc. (NYSE: PAY) based on a recent value review which placed fair value between $27-$30. The stock...(read more)
(Stock Blog Hub, 12/18/12)
VeriFone Systems Inc (PAY) posted a net income of $26.9 million or 24 cents in the fourth quarter of 2012 compared with a net income of $37.7 million or 34 cents per share in the third...(read more)
(Stock Blog Hub, 11/18/12)
VeriFone Systems, Inc. (PAY) recently inked an agreement with Austrian company PayLife to install new VeriFone VX 680 wireless solution and VX 825 PIN acceptance system to upgrade...(read more)
Verifone Holdings (PAY) Company Overview

Verifone Holdings (NYSE:PAY) is an international producer and designer of electronic payment products. The firm's products allow merchants to integrate payment functionality into their systems such as with electronic payment products that connect directly to the internet through IP-based (internet protocol) and Wi-Fi technology.[1]Customers of Verifone's products include global financial institutions, payment processors, petroleum companies, large retailers, government organizations and healthcare companies, as well as independent sales organizations (ISOs). [2] Verifone's Total Revenue increased to $922 million for Fiscal Year 2008 as compared to $902.8 million for Fiscal Year 2007 due to an increase in the sale of electronic payment system products internationally.[3]

Verifone is expanding its international market and already has a presence in East Asia, the Middle East, Latin America, Europe, and North America. Until 2008 the firm earned the majority of its revenue from the North America market, which is comprised of Mexico, Canada, and the United States. However, economic growth abroad, coupled with infrastructure development, support from governments seeking to increase value-added tax (“VAT”) and Sales Tax collections, and the expanding presence of IP and Wireless communication networks has resulted in revenue from abroad exceeding revenue generated from domestic sales.[4] Specifically, its' North America market share has fallen from 57.4% of total revenues in 2006, to only 39% or $359.14 million in total revenues for fiscal 2008. On the other hand, International operations went from comprising only 42.5% of total revenues in 2006 to 61% or $564.46 million of total revenues in 2008.[5]

(Read more at Wikinvest )

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