VeriFone Systems to Accommodate BlingTag Contactless Mobile Payments     and Loyalty Via PayPal or Consumer’s Bank Account at the Point-of-Sale

SAN JOSE, Calif.—VeriFone Systems, Inc. (NYSE: PAY), announced today a partnership with     Bling Nation, Inc., joining efforts to support an introductory mobile     payments program in Palo Alto, CA, utilizing VeriFone payment solutions.      The new program enables businesses and customers to connect easily and     securely, giving consumers the ability to simply tap-and-pay for     purchases using a BlingTag™ at the physical point-of-sale systems with     contactless technology.

This revolutionary new solution by VeriFone and Bling Nation allows     customers to purchase goods via alternative payment methods – including     PayPal and direct debit of bank accounts – while automatically receiving     real-time account balance updates and instant rewards through an     intelligent loyalty program.

Bling Nation is distributing the contactless/NFC-enabled VeriFone VX 810     Duet for countertops and wireless VX 680 to participating merchants as     fully-functional “Blingers” that accept payments from consumers using     BlingTags to tap-and-pay. A BlingTag is Bling Nation’s quarter-sized     microchip sticker that enables mobile payment transactions.

“This introductory program brings together the best from each market to     create a compelling alternative way to pay,” said Paul Rasori, VeriFone     senior vice president, marketing. “Bling Nation is combining the payment     power of PayPal and point-of-sale footprint of VeriFone to deliver     consumer benefits at the convergence of mobile payments.”

After the conclusion of the introductory program, VeriFone will be     enhancing its PAYware Connect transaction gateway service to allow     PAYware merchants to seamlessly consolidate traditional and alternative     payment methods on a single card acceptance device. The VeriFone, Bling     and PayPal X platform solution will be available to over 350 existing     PAYware Connect resellers.

“VeriFone’s leadership and experience in the electronic payment industry     is a tremendous asset in advancing Bling Nation’s vision of making     mobile payment as easy as tap and pay,” said Meyer Malka, founder and     co-CEO of Bling Nation. “Both companies are committed to providing     merchants and consumers with an alternative payment system that is safer     and more rewarding than traditional payment methods.”

About VeriFone Systems, Inc. (

VeriFone Systems, Inc. (“VeriFone”) (NYSE: PAY) is the global leader in     secure electronic payment solutions. VeriFone provides expertise,      solutions and services that add value to the point of sale with     merchant-operated, consumer-facing and self-service payment systems for     the financial, retail, hospitality, petroleum, government and healthcare     vertical markets. VeriFone solutions are designed to meet the needs of     merchants, processors and acquirers in developed and emerging economies     worldwide.

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