Moneris Solutions Selects VeriFone as Payment Solutions Supplier in $10 Million Contract...

Moneris Solutions Selects VeriFone as Payment Solutions Supplier in $10
Million Contract for Wireless, Countertop and Integrated Systems

SAN JOSE, Calif., Feb. 27 /PRNewswire-FirstCall/ -- VeriFone Holdings, Inc.
(NYSE: PAY), announced today it has won a $10 million contract with its
selection as a premier payment solutions supplier to Moneris Solutions,
Canada's largest processor of debit, credit and gift card payments.

Moneris selected EMV- and PCI-approved wireless, countertop and integrated
payment solutions from VeriFone's Vx Solutions family to meet the needs of its
merchant customers. Moneris processes more than 3 billion credit and debit
card transactions a year, for merchants in virtually every industry segment at
more than 350,000 small business and corporate locations across North America.

"VeriFone's Vx Solutions line provides us with options to meet the payment
needs of our broad merchant base and their migration to EMV," said Moneris
Chief Operating Officer Jeff Guthrie. "Our partnership with VeriFone
demonstrates our continued commitment to strengthen our relationship with our
merchants, and provide them with superior and innovative technology to meet
and exceed their payment processing needs."

"This contract represents a tremendous competitive win over an incumbent
supplier and validates VeriFone's proactive efforts to meet the needs of the
marketplace with fully secure, flexible payment solutions," said VeriFone
Executive Vice President Jeff Dumbrell. "We look forward to working with
Moneris to serve the payment needs of its merchant customers."

To meet the latest countertop needs, Moneris chose VeriFone's Vx 810 and Vx
810 DUET systems, both of which can be pre-equipped or field-upgraded with a
contactless module. The Vx 810 is deployed as a PIN entry device integrated
with electronic cash registers and POS systems, while the Vx 810 DUET provides
smaller merchants with a two-in-one device that incorporates a highly
ergonomic handover device with a base unit including printer and modem for a
fully-functional, top-of-the-line countertop payment solution.

Moneris also selected the GPRS version of the Vx 670, a sleek and secure
handheld payment device designed specifically for wireless, customer-facing
payments ranging from restaurant pay-at-the-table environments, to home and
office delivery needs, as well as a replacement for dial-up or Ethernet
connected systems.

VeriFone devices and systems process a broad spectrum of payment types
including signature and PIN-based debit cards, credit cards, EMV smart cards,
contactless, value-added applications, and signature capture. VeriFone
solutions incorporate existing and emerging technologies, comply with the
latest global security standards, and take advantage of the latest
connectivity options from GPRS, CDMA, and Wi-Fi to Ethernet and Bluetooth.
VeriFone in late 2008 became the first payment systems supplier to adopt a
comprehensive program to ensure compliance with the PCI Security Standards
Council's recently enacted Payment Application Data Security Standard (PA-DSS)
aimed at ensuring protection of cardholder information.

About Moneris
As one of North America's largest providers of payment solutions, Moneris
offers credit, debit, wireless and online payment services for merchants in
virtually every industry segment and processes more than 3 billion
transactions annually. Through its Ernex division, Moneris offers electronic
loyalty and stored-value gift card programs. With more than 350,000 merchant
locations, Moneris provides the hardware, software and systems needed to
improve business efficiency and manage payments. For more information please
visit www.moneris.com.

About VeriFone Holdings, Inc. (www.verifone.com)
VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY) is the 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.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995 for VeriFone Holdings, Inc.:
This press release includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations or beliefs and are
subject to uncertainty and changes in circumstances. Actual results may vary
materially from those expressed or implied by the forward-looking statements
herein due to changes in economic, business, competitive, technological and/or
regulatory factors, and other risks and uncertainties affecting the operation
of the business of VeriFone Holdings, Inc. These risks and uncertainties
include: the successful rollout of our systems with Moneris and our ability to
meet their product requirements, our customers' acceptance and adoption of our
newly released products and applications, our ability to protect against
fraud, the status of our relationship with and condition of third parties upon
whom we rely in the conduct of our business, our dependence on a limited
number of customers, uncertainties related to the conduct of our business
internationally, our dependence on a limited number of key employees, short
product cycles, rapidly changing technologies and maintaining competitive
leadership position with respect to our payment solution offerings. For a
further list and description of such risks and uncertainties, see our filings
with the Securities and Exchange Commission, including our annual report on
Form 10-K and our quarterly reports on Form 10-Q. VeriFone is under no
obligation to, and expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information, future
events, changes in assumptions or otherwise.

SOURCE VeriFone Holdings, Inc.

Pete Bartolik of VeriFone Media Relations, +1-508-283-4112,
pete_bartolik@verifone.com