Wakefern Launches Pilot of New Payment Solution Software

ELIZABETH, N.J. -- Wakefern Food Corporation will test pilot a new Web-based signature payments software solution that dovetails with an existing customer-interface solution at more than 4,000 checkout lanes in Shoprite units, said the technology provider, VeriFone Holdings, Inc.

Wakefern is also completing implementation of the VeriFone Omni 7000MPD customer-facing payment system. The cooperative wholesaler-retailer will simultaneously evaluate the server-based VisualPayments Signature Solution with the goal of implementing system wide in 2006.

"We are eager to evaluate the potential of VisualPayments Signature Solutions, to complement VeriFone's Omni 7000, which we are implementing chain-wide at ShopRite," said Alan Aront, Wakefern's vice president, information systems. "As the nation's largest retailer-owned cooperative, we are constantly evaluating technology that will help our members serve their customers more productively and efficiently."

Wakefern is the distribution arm of ShopRite supermarkets, which has 190stores in five states serving 4 million customers each week.

"Wakefern is renowned for innovation in the grocery industry and we are eager to demonstrate the value of VisualPayments Signature Solutions for managing electronic signature capture, archiving, retrieval, and dispute management," said Bud Waller, VeriFone executive vice president, Integrated Solutions.

VisualPayments Signature Solutions includes a Web-based user interface for retrieving signature transaction files, optional reporting and auditing of disputes, and a streamlined dispute resolution process to speed chargeback investigations. The Omni 7000MPD was the payment industry's first modular payment device, supporting debit, credit, signature capture, smart cards, contactless, and USB and Ethernet connectivity.

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