VeriFone gives up competing head-on with Square

Just seven months after introducing Sail, a payment platform for small merchants that competed with Square, VeriFone is now saying it is retreating from that business and will look to banks and other channel partners to sell the service to merchants.

VeriFone opens Sail payment platform to developers

VeriFone is opening up its Sail mobile payment service to developers with a new developer portal. That will allow developers to easily add Sail to their mobile apps. But it will also be a way for developers to offer their services to Sail’s business customers.

VeriFone starts showing how Sail’s openness helps it compete

VeriFone’s Square competitor SAIL is showing the first integration with a third-party service. It is working with Stitch Labs to offer customers a way to merge online and offline inventory management. The integration demonstrates how SAIL will compete by being open to outside services.

VeriFone launches Square rival SAIL on Android

VeriFone is taking its newly launched SAIL mobile payment product to Android smartphones after debuting on the iPhone last month. The move helps VeriFone better compete with Square, an early mobile payment leader and PayPal Here, which are both available on iPhones and Android.

Payments via iPhone: Stay with Square or soar with Sail?

As a small business owner, I’m delighted the field of mobile credit card processing is opening up. I compared Verifone’s Sail and Square’s services while processing payments for my business via my iPhone and iPad. Here’s what I found.

PayPal secures POS makers VeriFone, Equinox for in-store push

PayPal’s drive to become a major player for in-store payments is getting a huge push thanks to new partnerships with VeriFone, the top point-of-sale terminal maker and Equinox Payments, the No. 3 terminal maker. The deals now give PayPal access 40 million terminals worldwide.

VeriFone’s SAIL caught copying rival Square’s user agreement

While VeriFone’s Square rival SAIL looks nothing like Square’s credit-card-swiping dongle, the company veered into flat-out imitation with its legal user agreement, which lifted much of its language directly from Square’s merchant user agreement.

VeriFone targets Square with new Sail payment platform

Payment provider VeriFone is doubling down on the small and medium sized market with a new payment open platform called SAIL that will look to give merchants a more flexible tool for conducting transactions. SAIL also puts more big name pressure on Square.

VeriFone equips retailers for the future of shopping

Payment system provider VeriFone is arming its merchants and retailers with new tools to handle the evolutions in commerce. At the National Retail Federation convention this week, the company, is demonstrating how it can help merchants become more mobile, more responsive and dynamic.