Verisoft

What Verisoft does

Verisoft is an Istanbul-headquartered payment systems software company founded around 1985, operating through Verisoft A.S. and wholly-owned subsidiaries in the United States (Verisoft Americas Inc), Canada (Verisoft Canada Inc), the United Kingdom (Verisoft London Limited), and Slovakia (Verisoft Slovakia a.s.). The company delivers an end-to-end card lifecycle stack anchored by CARDIX.NET, an API-based card management system for open-loop prepaid, credit, debit, gift, and loyalty card issuing and acquiring, certified by FISERV/First Data for VISA and MASTERCARD processing. Adjacent proprietary platforms include the JET family (JETCENTER for central batch EMV personalization, JETEMV for branch-level instant issuance, JETPREP for EMV data preparation), FraudSTAR (rule-based fraud detection scaled to 20M+ cards, 500K+ merchants, and 10M+ transactions per day), PLUSPOINT (cloud-based loyalty), self-service kiosks, Android POS terminals, and HSM-based security solutions. The Verisoft Sekura division, operating from a newly built six-storey PCI-CP certified facility, offers outsourced EMV card personalization on PVC, PC, metal, and composite bodies, including wearables.

The company monetizes through a mix of one-time software licenses (EMV personalization, card management, fraud detection, loyalty, terminal management), hardware sales (Android POS terminals, unattended payment terminals, HSM devices, card printers, kiosks), professional services (implementation, integration, certification support, training), and PCI-certified card personalization bureau services. Go-to-market is sales-led enterprise direct engagement, complemented by a global partner network spanning 32 countries that includes technology vendors (Thales, Entrust, Procenne, TUBITAK), terminal manufacturers (Wiseasy, Aisino, Matica, Zebra, Flypos), regional distributors (MagTek for EU, VeriTech for ME), and channel partners (Quantum Rails, Four Corner Payments). Primary customer segments are commercial and Islamic banks, card processors, fintechs (especially prepaid), and enterprise merchants including transportation, hospitality, and retail.

Verisoft reports serving more than 80 clients across 32 countries with offices in 7 countries, including marquee relationships such as Boubyan Bank (Kuwait) since 2006, Kuwait International Bank, NLB Macedonia, Slovak Railways (via CSOB), Quantum Rails (Denver), and Four Corner Payments (San Francisco). Notable certifications include PCI-CP, PCI-DSS, PCI PA-DSS 3.2, PCI PTS, VUK.507 (Ernst Young), EMVCO MPQR, and scheme certifications from Visa, Mastercard, Troy, First Data/FISERV, and SIA/NEXI. Pricing is not publicly disclosed; solutions are enterprise-quoted by volume, configuration, and deployment scope. Verisoft is a privately held, founder-owned company with no disclosed venture capital or institutional investor backing, and revenue is not publicly reported.

Name

Verisoft

Legal name

Verisoft A.S.

Website

https://verisoftgroup.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Verisoft is a privately held Turkish payment-systems software company providing EMV card issuance, card management, fraud detection, Android POS, and self-service kiosk solutions to banks, card processors, fintechs, and merchants across 32 countries.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Software Publishers (5132), Credit Card Issuing (522210)

SIC

Computer Terminals (3575), Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Card Issuing & Program Management Platforms (BPAMAFAH)

akta.pro secondary industry

Payment PIN Pads, Card Readers & NFC Contactless Devices (HDACAKAG)

Keywords

• EMV card issuance
• Payment processing software
• Card management systems
• Fraud detection systems
• Android POS terminals

Headquarters

HQ city

Istanbul

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licenses and Systems: Sale of EMV personalization software, card management systems, fraud detection, loyalty systems and terminal management systems to banks, processors and merchants
2. Hardware Sales: Sale of Android POS terminals, unattended payment terminals, HSM devices, card printers and kiosks
3. Card Personalization Services: PCI-certified card personalization as a service through Verisoft Sekura division, producing EMV contact, contactless cards and wearables
4. Professional Services: Implementation, integration, certification support and training services for payment system deployments

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Verisoft develops and sells enterprise software for electronic payment systems, including the CARDIX.NET API-based card management platform, JET Systems for EMV card personalization, FraudSTAR for fraud detection, PLUSPOINT loyalty software, Android POS software, and self-service kiosk applications. The company also distributes certified Android POS terminals and unattended payment terminals, and operates the Verisoft Sekura division as a PCI-CP certified card personalization bureau producing EMV contact, contactless, and wearable cards.

Product overview

Verisoft is an agile software company with 40 years of experience in electronic payment systems. The company offers a comprehensive portfolio of payment solutions organized around a CARDIX.NET core platform - an API-based card management system for issuing and acquiring operations. The portfolio includes Android POS terminals for merchant payments, JET personalization systems (JETCENTER, JETEMV, JETPREP) for EMV card issuance, FraudSTAR for enterprise fraud detection, self-service kiosks (CHECK-IN-MATIC, RETAILMATIC, CHECKMATIC, INSTANTMATIC), PLUSPOINT loyalty system, and HSM security solutions. The Verisoft Sekura division provides PCI-certified card personalization bureau services. Digital solutions include Firisbe SoftPOS, QR payment systems, and various mPOS/tablet devices. The ecosystem integrates with major processors (First Data, SIA), card chip vendors, and security hardware from Thales.

Differentiator

Problem solved

Functional benefit

Brands

• SEKURA: PCI-CP certified EMV card personalization services division offering emboss, indent, laser and DOD on plastic and metal cards
• JET Systems
• FraudSTAR
• PlusPoint
• CARDIX.NET
• Firisbe

Products and services

• CARDIX.NET API-based card management system built on Microsoft .NET and SQL Server with an OPEN RESTful JSON API, supporting open loop prepaid, credit, and debit card issuing and acquiring. Certified by FISERV (First Data) for VISA and MASTERCARD processing and integrates with FRAUD.STAR, INSTANT.EMV and POWER.EMV. Targeted at banks, processors, and fintechs.
• JET Systems (JETCENTER, JETEMV, JETPREP) State of the art API-oriented web-based EMV card personalization suite. JETCENTER handles high-speed central batch EMV issuance, JETEMV handles distributed instant branch card issuance, and JETPREP handles EMV data preparation. Supports all major card chip vendors and works natively with Thales PayShield 10000 HSMs. Targeted at banks and card personalization centers.
• FraudSTAR Enterprise level rule-based fraud detection system running on Linux with Oracle Database. Capable of handling more than 20M cards and 500K+ merchants/terminals with 10M+ transactions per day. Targeted at banks and processing centers.
• PLUSPOINT Loyalty System Cloud-based loyalty system supporting magstripe, smartcard, contactless, RFID, NFC, barcode, QR code cards, and mobile devices. Enables point recording, dynamic campaigns, and integrations. Targeted at banks, merchants, and retailers running loyalty programs.
• Android POS Terminal Software (Andropos) EFT/POS and ECR software for certified Android EMV and PCI POS terminals with industry standard ISO-8583 and SPDH protocols. Certified by FIRSTDATA/fiserv, SIA/NEXI, BKM TechPOS, and VUK.507. Targeted at merchants, processors, and banks deploying Android POS devices.
• Self-Service Kiosks (CHECK-IN-MATIC, RETAILMATIC, CHECKMATIC, INSTANTMATIC, UPT) Complete kiosk solutions including CHECK-IN-MATIC for hotel check-in with passport scanner, RETAILMATIC for self-service retail, CHECKMATIC for check deposits, INSTANTMATIC for instant card issuance, and UPT (Unattended Payment Terminal) for parking, airline, vending and petrol applications. PCI PTS certified for unattended payment. Targeted at hotels, retailers, banks, transit, and petrol stations.
• Verisoft Sekura Card Personalization Bureau PCI-CP certified card personalization as a service producing EMV contact, contactless cards and wearables on PVC, PC, Metal or Composite card bodies using Emboss, Indent, Thermal, Laser and DOD technologies. Integrated with Firisbe JetEMV software and protected by Thales Payshield HSMs. Targeted at banks and fintechs requiring outsourced card production.
• Firisbe Tap2Mobile SoftPOS SoftPOS application enabling merchants to use an Android NFC mobile phone as a contactless POS terminal for accepting NFC and QR payments. Targeted at merchants, retailers, and acquiring banks seeking a low-cost mobile acceptance solution.

Quantifiable outcome

• 20M+ cards and 500K+ merchants supported by FraudSTAR system
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability2 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered strategic, core, primary and regional.

• Quantum Rails (Denver, Colorado)strategicImplementation/ SI/ Consulting Partner · 1 April 2017Strategic partner for CARDIX.NET Cloud Based Payment Systems Platform certified with First Data. Quantum Rails provides full service processor capabilities for VISA and MC credit, debit, prepaid, gift and loyalty cards.
• Four Corner Payments (San Francisco)strategicImplementation/ SI/ Consulting Partner · 1 December 2016First EMV Prepaid Card Processor in USA to deploy Verisoft EMV Card Switching and Processor technology, certified with First Data STAR.
• ThalescoreTechnology or IntegrationThales is a key technology partner providing Payshield HSMs for EMV data protection and key management. Verisoft is an ASAP Partner for over 15 years, developing solutions including SkySTAR, PowerEMV, CARDIX.NET, and PowerTSM using Thales Payshield 9000/10000 HSMs.
• EntrustcoreTechnology or IntegrationEntrust partnership for HSM and security solutions, providing data security, card printing, issuance technologies, and authentication products.
• MagTekstrategicChannel Partner/ Reseller/ DistributorMagTek is a strategic partner for the European Union market, providing secure card reading and payment terminal solutions.
• VeriTechstrategicChannel Partner/ Reseller/ DistributorVeriTech is the Middle East partner managing local projects including installations at Boubyan Bank and Kuwait International Bank, providing Matica and Thales equipment.
• WiseasyprimaryTechnology or IntegrationWiseasy provides Android ECR terminals and tablet POS solutions including the WTAB dual-screen terminal and WISEASY P5L for Verisoft's payment solutions.
• AisinoprimaryTechnology or IntegrationAisino provides Android A90 PINPAD devices used in Verisoft's instant card issuing solutions like the JetEMV system deployed at Kuwait International Bank.
• First Data (FISERV)coreTechnology or IntegrationFirst Data/FISERV certification for CARDIX.NET payment processor enabling VISA and MASTERCARD processing. Verisoft solutions certified with First Data STAR NE platform.
• TUBITAKregionalTechnology or IntegrationTurkish National Science Institute partnership for HSM solutions ensuring security, integrity, and secure transmission of information for Turkish market.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Giesecke+Devrient (G+D): German-headquartered provider of card issuance, personalization, and payment technology. Directly competes with Verisoft in EMV personalization, card management, and HSM-adjacent security for banks and processors worldwide.
• IDEMIA: Global leader in EMV card issuance, personalization, and identity solutions. Competes head-to-head with Verisoft JET Systems and Sekura in central and instant card issuance for banks and fintech issuers.
• Compass Plus (OpenWay): Provider of card issuing and processing platforms for banks and processors. Closely comparable to Verisoft CARDIX.NET in functionality, multi-tenancy, and target customer base of regional banks and processors.
• Entrust: Provides card issuance systems, HSMs, and personalization solutions. Competes with Verisoft JET Systems and Sekura in central and instant EMV issuance, while also being a technology partner via Entrust Connect.
• Wiseasy: Android ECR and tablet POS hardware provider. Both partner and adjacent competitor to Verisoft's Android POS and Firisbe SoftPOS lines for merchant payment acceptance.

Broad incumbents

• Fiserv: First Data / Fiserv certifies Verisoft CARDIX.NET for Visa/Mastercard processing while also offering its own end-to-end issuing, processing, and acquiring solutions as a global incumbent.
• Thales (incl. former Gemalto): Supplies Payshield HSMs (Verisoft's primary hardware dependency) and competes via Gemalto's card issuance and Trusted Services Hub. Both partner and competitor in EMV personalization, key management, and digital payments.
• ACI Worldwide: Real-time electronic payment and banking software vendor serving large banks and processors. Overlaps with Verisoft's fraud, issuing, and processing capabilities at the higher end of the market.

Emerging players

• Marqeta: Modern, cloud-native card issuing platform with developer-first APIs. Competes with Verisoft CARDIX.NET for next-generation fintechs and program managers seeking flexible issuance infrastructure.
• Galileo Financial Technologies (a SoFi company): API-based card issuing and processing platform. Targets the same fintech and digital-bank segment where Verisoft's CARDIX.NET and FraudSTAR compete, particularly in the US and EMEA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/verisoft

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verisoft