VeriFone Systems, Inc. (VeriFone), formerly VeriFone Holdings, Inc., is a holding company for VeriFone, Inc. The Company is engaged in the secure electronic payment solutions. It provides solutions, and services for the financial, retail, hospitality, petroleum, transportation, government, and healthcare vertical markets. Its system solutions consist of point of sale (POS) electronic payment devices that run its and third-party operating systems, security and encryption software, and certified payment software, as well as other third-party value-added applications. Its system solutions are able to process a range of payment types. In June 2011, it acquired Destiny Electronic Commerce (Pty) Ltd. In August 2011, the Company acquired Hypercom Corporation. On November 1, 2011, it acquired Global Bay Mobile Technologies. In June 2013, Verifone Systems Inc acquired Eftpos New Zealand Ltd.