VeriFone is a California-based company that designs, markets, and services electronic payment solutions for consumers, merchants, and financial institutions. Its product portfolio is comprised of contactless and countertop systems as well as electronic cash register and payment devices, PIN pads, POS systems, indoor and outdoor unattended payment solutions, wireless handheld payment devices, and point-of-sale receipt printers. The company also provides software solutions for card acceptance, mobile payments, security and encryption, POS integration, value-added and prepaid services, issuing and acquiring, estate management, petroleum and convenience, and device-driven technologies as well as development tools. It provides media solutions such as digital network, taxi tops and wraps, and mobile or SMS solutions through sales representatives in Boston, Chicago, Las Vegas, Miami, New Orleans, New York City, and San Francisco. VeriFone's devices and systems process various payments, including signature- and PIN-based debit cards, credit cards, contactless or radio frequency identification cards, smart cards, prepaid gift and other stored-value cards, electronic bill payment, check authorization and conversion, signature capture and electronic benefits transfers, and EBT. It serves financial institutions, payment processors, petroleum companies, retailers, government organizations, and healthcare companies as well as independent sales organizations in Europe, the Middle East, Asia, Latin America, the Caribbean, Asia Pacific Rim, and North America. Verifone was founded in 1981 and is based in San Jose, California.The staff at Verifone come from unusually diverse demographic backgrounds. The company is 34.3% female and 50.2% ethnic minorities. Despite its diversity in other areas, Verifone employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 70.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Verifone has great employee retention with staff members usually staying with the company for 4.4 years.The average employee at Verifone makes $85,149 per year. In comparison, some of its highest paying competitors, like ICE Mortgage Technology, Sharebuilder Securities, and CQG, pay $136,775, $89,913, and $87,152, respectively.A large finance company with 5,000 employees and an annual revenue of $871.7M, Verifone is headquartered in San Jose, CA.
Verifone's mission statement
To create and lead the transaction automation industry worldwide.
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The employees work together to create a family environment
Cons of working at Verifone
Hostility of lower executive management towards women in management positions
Verifone benefits
The break rooms and desks at Clearwater were nice and new after many years
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5.0
A zippia user wrote a review on Oct 2020
Pros of working at Verifone
Good life-work balance, good comradery
Cons of working at Verifone
Bureaucracy
Verifone benefits
401k, Medical Insurance
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The team at Verifone
The founders of Verifone is William Melton.
The key people at Verifone are Mike Pulli and William Melton.
Key people
Mike Pulli
William Melton
The inside scoop
VeriFone, Inc. designs, markets, and services electronic payment systems for consumers, merchants, and financial institutions. They provide simple, safe solutions that help create great shopping experiences so businesses can sell more and grow. Its products include contactless, and countertop systems, as well as electronic cash register and payment devices, PIN pads, POS systems, etc. Verifone has clients and partners in more than 150 countries, including the world's best-known retail brands. The company was founded in 1981 and is based in San Jose, California.
Verifone rankings
Verifone is ranked #17 on the Best Finance companies to work for in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
Rate the fairness of Verifone's compensation policies.
Verifone diversity
9.9
Diversity score
We calculated Verifone’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Verifone’s workforce.
Verifone diversity summary. Zippia estimates Verifone's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Verifone's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Verifone's workforce.
Verifone has 5,000 employees.
34% of Verifone employees are women, while 66% are men.
The most common ethnicity at Verifone is White (50%).
18% of Verifone employees are Hispanic or Latino.
15% of Verifone employees are Asian.
The average employee at Verifone makes $85,149 per year.
Verifone employees are most likely to be members of the democratic party.
Employees at Verifone stay with the company for 4.4 years on average.
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Verifone currently has 497.0M in revenue. Verifone's most recent quarter produced 148.9m (q2'2023).
Verifone annual revenue
$872M
$697M
$523M
$349M
$174M
$0
2020
2021
2022
2023
2024
Highest paying Verifone competitors
Compare Verifone salaries to competitors, including ICE Mortgage Technology, Sharebuilder Securities, and CQG. Employees at ICE Mortgage Technology earn the highest average yearly salary of $136,775. The salaries at Sharebuilder Securities average $89,913 per year, and the salaries at CQG come in at $87,152 per year.
Rank
Company
Average salary
Jobs
1
$136,775
0
2
$89,913
0
3
$87,152
0
4
$84,706
0
5
$82,060
0
6
$79,038
0
7
$75,361
0
8
$74,690
0
9
$73,946
0
10
$73,410
0
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Zippia gives an in-depth look into the details of Verifone, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Verifone. The employee data is based on information from people who have self-reported their past or current employments at Verifone. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Verifone. The data presented on this page does not represent the view of Verifone and its employees or that of Zippia.
Verifone may also be known as or be related to VERIFONE SYSTEMS INC., VeriFone Systems Inc, VeriFone Systems, Inc., VeriFone, Inc., Verifone and Verifone Intermediate Holdings, Inc.