Sberbank Chooses VeriFone for Payments

Sberbank, Russia’s largest bank, has chosen VeriFone’svportfolio payment solutions.
The bank, which ultimately intends to distribute approximately 130,000 payment solutions among merchants, will use VeriFone countertop and wireless payment solutions, as well as PIN pads. Sberbank will deploy the Vx 510 dial, ethernet and GPRS countertop solution, the Vx 610 wireless system, the Vx 810 programmable PIN pad and the PP1000SE PINpad.

VeriFone solutions were selected for a separate tender from Sberbank for more than 16,000 Vx 810 systems. Those systems were deployed over a three-month period to bank branches for customers to identify themselves to bank tellers using their credit/debit card and PINs.

VeriFone has worked with local partner, INPAS, since 1995 to supply payment solutions for a number of nationwide projects.

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