As part of the deal, Verifone will supply systems incorporating the VeriFone Vx 510, with dual dial and IP connectivity, and the wireless NURIT 8000 with GPRS connectivity. This solution also provides exceptional performance for payment and value-added applications, including data-intensive, EMV smart card transactions.

The NURIT 8000 is a lightweight, handheld system enabling fast, secure, error-free transactions and featuring a large touch screen and a wide range of functionality options. Its sophisticated multi-application platform supports a range of payment and value-added services – including credit, debit, EBT, smart cards, prepaid, loyalty, gift and proprietary cards.

In choosing VeriFone to supply all payment systems at such a momentous time in its history, China Postal Savings Bank has laid the groundwork for a sound working partnership as well as mutual growth, said Yong Xiao, general manager of VeriFone China. Our success with this emerging financial institution reflects the vision and industry leadership that VeriFone brings to China’s electronic payments market.