Wipro wins multi-year Contract from Verifone Inc.

IT Service provider Wipro Limited on Wednesday announced that it has won a multi-year contract from Verifone, a global leader in payments and commerce solutions, to drive agility across its cloud services offerings.

The Bengaluru-headquartered Wipro has said that it will develop new features, capabilities and interfaces for Verifone's Cloud Services offerings, enabling seamless and flexible transaction processing for the company. Leveraging its global engineering support team, Wipro will accelerate time-to-market for Verifone assisting it to transform its customer partnerships.

Harmeet Chauhan, Senior Vice President, Engineering and R&D Services, Wipro Limited said, "Buying patterns have been disrupted by the pandemic and the payment industry is undergoing an overhaul, accelerated by the cashless economy and contactless payments. We look forward to supporting Verifone navigate this upward trend and bring enhanced value through our deep expertise in Cloud Engineering offerings."

"Verifone's full suite of best-in-class hardware, software and service solutions is revolutionizing the checkout experience globally," said Bruce Gureck, Executive Vice President, Global Product and Engineering, Verifone. "Wipro services will complement our in-house talent, tools and expertise to ensure we remain the most trusted, secure and innovative payments company, particularly in terms of providing a flexible, all-encompassing omnichannel commerce solution."

Shares of Wipro Ltd on Wednesday closed at Rs 359 to record a gain of 1.73 per cent.