December 11, 1996 6:00 PM ET
VeriFone debuts secure payment server for Internet credit card use
By Maria Seminerio

  VeriFone Inc. today introduced its vPOS Payment Server software for processing online credit card transactions.

The vPOS Payment Server enables users to combine VeriFone's vPOS merchant software with either Netscape Communications Corp.'s Enterprise Server 2.0 or Oracle Corp.'s WebServer 2.0 to form a complete payment processing system, VeriFone officials said.

vPOS Payment Server links up with the financial institution or payment processor's Internet gateway, enabling merchants to process online credit card transactions on a server separate from their store's commerce server, company officials said.

VeriFone also will provide versions of vPOS Payment Server that will interoperate with Unix and Windows NT-based online storefront solutions, and payment applications that support Windows NT versions of Microsoft Corp.'s Internet Information Server 2.0, company officials said.

The software is expected to ship in the first quarter of next year. Pricing was not announced.

VeriFone is based in Redwood City, Calif.

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