Verifone is a payments technology company that offers payment terminals, software and payment services as a single platform. Its range includes payment devices, among them terminals with biometrics, estate management for terminal fleets, reporting and analytics, payment processing and acquiring, a payment gateway, tokenisation and fraud management, as well as solutions for fuel and convenience retail. The 2Checkout brand belongs to Verifone. Services are delivered partly as hardware at the merchant and partly as a cloud service.
Verifone is based in the United States; its website names VeriFone, Inc. in New York, and according to public sources the company has been held since 2018 by the US investment firm Francisco Partners. It publishes a privacy notice for the EEA and the United Kingdom naming VeriFone, Inc. and group companies as joint controllers, as well as separate GDPR processor terms for merchants. The storage location of customer data is not published. A European organisation using Verifone would be well advised to have the hosting location, sub-processors and exposure to US law documented in advance.