VeriFone (PAY) acquires European e-payments company Point for $820M in deal that is expected to...

|About: VeriFone Systems, Inc. (PAY)|By:, SA News Editor

VeriFone (PAY) acquires European e-payments company Point for $820M in deal that is expected to close in Q4 and adds to a slew of acquisitions aimed at gaining an edge in the payments space. CEO Douglas Bergeron says the Point platform will help the company offer retailers globally a managed service to accept all types of payments.