Visa, Verifone partner on omnichannel payment

San Francisco - Visa Inc. and Verifone are launching a partnership that will enable retailers to offer their customers a more streamlined, secure purchase experience across digital and physical environments. As part of the partnership, Verifone will connect its POS gateway to Visa’s CyberSource global merchant payment management platform.



This will provide retailers with a single platform to protect customer payment data, mitigate fraud, and integrate digital and offline payment systems.



The CyberSource-Verifone partnership also accelerates retailers’ ability to adopt more secure chip technology.



Initially available in the U.S. September 2015, the integrated CyberSource Verifone solution will enable merchants to: accept cross-channel payments and centralize transaction reporting, mitigate online fraud risk via use of CyberSource Decision Manager, combine CyberSource payment security solutions with Verifone’s Secure Commerce Architecture . In addition, a select series of Verifone POS solutions, which are both NFC- and chip-enabled, are compatible with the CyberSource platform.