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Visa, Verifone partner to push forward omnichannel commerce

As part of the partnership, the companieswill integrate their industry-leading platforms. Verifone will connect its point-of-sale gateway to Visa's CyberSource global merchant payment management platform.

Visa and Verifone Wednesday announced a partnership intended to enable merchants to offer their customers a more streamlined, secure purchase experience across digital and face-to-face commerce environments, according to a press release. 

As part of the partnership, the companies will integrate industry-leading platforms. Verifone will connect its point-of-sale gateway to Visa's CyberSource global merchant payment management platform. This will provide merchants with a single platform to protect customer payment data, mitigate fraud, and integrate digital and offline payment systems, according to the announcement.

"As consumers shop and pay in multiple channels, merchants are looking to integrate payment systems to facilitate a single view into their customers' buying behaviors," said Andre Machicao, senior vice president of CyberSource. "This announcement is about two industry leaders coming together to create that view for merchants so they can better serve and understand the needs of consumers globally, across all commerce channels, and without sacrificing security."

The companies said the partnership is also intended to accelerate merchants' ability to adopt more secure chip technology.

"Verifone and CyberSource are brands that merchants know and trust for their ability to deliver secure and reliable payment acceptance in the online and brick-and-mortar retail worlds," said Vin D'Agostino, executive vice president of commerce enablement for Verifone. "This exciting partnership will enable merchants to leverage the assets and experience of two established leaders and drive a multi-layered approach to security across all sales channels, tighten relationships with their customers online and offline, and provide amazing experiences at the point of sale, rivaling the experiences they are able to create online."