VeriFone acquires South Africa payments solutions provider Destiny Electronic Commerce
VeriFone Systems has completed the acquisition of Destiny Electronic Commerce, a South Africa-based electronic payments solutions provider.
The new VeriFone unit is headquartered in Johannesburg with offices in Cape Town and Durban.
Destiny Electronic Commerce's management team, headed by former CEO Llewellyn Walters, and 160 employees have been integrated into the VeriFone worldwide organization.
VeriFone said it will build on this organization to expand the company's presence as a leading provider of secure payment technologies, services and solutions at the point of sale for Sub-Saharan Africa and the Indian Ocean Islands.
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