VeriFone, a provider of secure electronic payment solutions, announced
that it has been awarded a multi-year dollar contract valued at up to
$10 million to provide the U.S. Postal Service with electronic payment
solutions for use across the U.S.
     VeriFone said it will provide the Vx 570 countertop payment solution
with dual communications capabilities to provide both traditional dial
modem and Internet-based connectivity for 18,000-20,000 customer
windows. The countertop solution will include the PINpad 1000SE for
debit card PINs and the company will also provide thousands of the
VeriFone Vx 610 portable powerhouse, including both CDMA and GPRS
versions, for mobile, remote and disaster recovery purposes.
     "This is a tremendous affirmation of VeriFone's capabilities as the
premier electronic payment solutions provider and one of the most
significant competitive wins of the year worldwide," said Bud Waller,
VeriFone executive vice president, Integrated Solutions.
     VeriFone's payment platforms provide the USPS with PCI PED (Payment
Card Industry PIN Entry Device) support and conform to the most
stringent security standards around the world. VeriFone will develop a
customer interface to a payment gateway that the U.S. Postal Service
will operate to ensure it has access to the lowest cost credit and
debit processing services, the company said.
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     ((Distributed on behalf of 10Meters via M2 Communications Ltd -
((10Meters -

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