VeriFone Systems, Inc. (NYSE:PAY)

CAPS Rating: 3 out of 5

The Company designs, markets and services transaction automation systems that enable secure electronic payments among consumers, merchants and financial institutions.

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Player Avatar reverttomean (< 20) Submitted: 11/21/2012 11:31:36 AM : Outperform Start Price: $29.96 PAY Score: -24.90

As payment methods change in society Verifone is perfect positioned to take advantage of digital payment progression especially in technologies such as NFC. Eventually a wallet with cash will be redundant with plastic cards being the only item need to transact.

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