Vendgogh Expands Alliance With VeriFone

Published in CSP Daily News

Will promote gasoline island vending sales

SAN JOSE, Calif. -- Vendgogh LLC has announced a long-term strategic partnership with VeriFone intended to promote the sale of Vendgogh's patented gasoline island vending solutions to VeriFone's U.S. convenience store customers. By combining forces, the two companies will enable VeriFone's customers to sell cold drinks and gasoline to customers at the pump with a single swipe of a credit card.

This agreement expands the previously announced integration support for Vendgogh's gasoline island vending solution ( click here for previous CSP Daily News coverage).

The two companies will combine their sales and marketing efforts to drive the market development of vending at the gasoline island for thousands of VeriFone retailers.

"We share a common vision of a developing market for vending on the gas island," said Dan Yienger, VeriFone's vice president of petroleum sales. "We think the time is right for something like this and we want to lead the way in enhancing the customer experience at the pump."

The companies expect the first release of this integrated solution this month.

"We are delighted to have VeriFone as a strategic partner in developing this exciting new market," said Vendgogh's vice president of business development, Larry McAnallen. "Together, we can transform the landscape of convenience store retailing while dramatically enhancing the customer experience at the gas island."

VeriFone Systems, a unit of San Jose, Calif.-based VeriFone Inc., is a 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.

Vendgogh, headquartered in Cary, N.C., is a privately held company that delivers a gasoline island vending solution for convenience stores designed to drive incremental revenue/profits and enhanced customer loyalty for c-store owners and enhanced convenience for gasoline-only c-store customers.