VeriFone Wins $35 Million-Plus Contract for District of Columbia Taxi Systems

SAN JOSE, CA – July 11, 2012 – VeriFone Systems, Inc. (NYSE: PAY), announced that it has been awarded a five-year contract by the District of Columbia Taxicab Commission (DCTC) valued from $35 million to as much as $45 million factoring in potential advertising revenue. VeriFone won a competitive bidding process to become the exclusive vendor for installation and support of the DCTC’s Taxicab Smart Meter...