VeriFone has acquired Global Bay mobile
Technologies as part of its expansion into the mobile payments
space.

Jennifer Miles, VeriFone executive vice
president, North America, said:

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“Global Bay’s mobile retail applications
complement our vision to deliver rich commerce solutions that open
up new opportunities for merchants to engage their customers in
deeper, more meaningful ways that will generate increased
profitability and shopper loyalty.

“Retailers and consumers can continue to look
to VeriFone to provide the most sophisticated and secure commerce
experiences.”

The two companies will integrate their
platform to extend the payments service “to offer a complete set of
new mobile retail applications”.

The service will support applications on smart
phones, tables as well as older mobile models, and will include
mobile user interface management, local data storage, data syncs
and app updates.

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