Gartner Research

VeriFone Expected to Become a Market Leader

Published: 06 January 1997

ID: G0044757

Analyst(s): Erina K. DuBois


VeriFone has been able to distinguish itself in the Internet commerce marketplace with its transaction payment processing products and aggressive partnerships. VeriFone is a market leader in the transaction automation market in the physical world and is leveraging this experience in the Internet space. This Perspective looks at the company's background, financial status, and activities in Internet commerce.

Table Of Contents
  • Company Background
  • Company Overview
  • Financial Information
  • Strategic Partnerships/Alliances
  • Competitors
    • CyberCash
    • Netscape's LivePayment
  • Understanding the Internet Payment Transaction Process
    • A Secure Transaction
  • Product Overview
  • Obstacles Ahead
    • Financial Institution Adoption
    • No Compelling Reason for Consumers to Shop
    • Security
  • Dataquest Perspective

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.