VeriFone Holdings’ contactless payment system was recently honored during the European Retail Solutions Awards for the company’s installation of the first fully-integrated contactless payment system within a UK retail environment. Sharing in the honor were sandwich retailer EAT and solution providers Commidea and Common Sense EPoS.
Using a VeriFone Vx 510 counter-top payment system running Commidea’s Ocius software combined with a VeriFone contactless reader, the integrated solution was developed to offer customers at EAT with options to pay by cash, contactless card, or chip and PIN. For contactless transactions of £10 and under, customers can pay with their ‘touch and go’ cards against the contactless reader. The whole process takes less than a second.
The contactless system has proved popular and has reduced queue waiting times, enabling customers to pay quickly. “The quick service retail sector is an ideal environment to realize the advantages of contactless payment technology,” said Debbie Mitchell, marketing director for VeriFone EMEA.
EAT’s first contactless solution was installed at its Moorgate branch, London. Since then, 200 VeriFone contactless readers have been installed in EAT stores in the greater London area, with an additional 200 readers expected to be deployed in the near future.