Wipro wins multi-year contract from Verifone
Shares of Wipro rose 1% in the early trade on December 3 after the company entered into a multi-year contract with Verifone for its cloud services.
The company won a multi-year contract from Verifone, a global leader in payments and commerce solutions, to drive agility across its cloud services offerings.
Bengaluru-headquartered Wipro 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.
Due to the Covid-19 the pandemic and the payment industry is undergoing an overhaul, accelerated by the cashless economy and contactless payments.
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