Verifone Vx520 end-of-life FAQs
What does “end-of-life” mean?
An end-of-life notice means that the company is no longer renewing PCI certification, the industry standard for credit card security. It also means Verifone stopped issuing software updates after April 2020.
How long can I keep using my Verifone Vx520?
You may keep using your Verifone Vx520 until it is no longer operable or until April 30, 2023 at the latest.
What happens if I keep using my Verifone Vx520 after the deadline?
Businesses that keep using their Verifone Vx520 after April 30, 2020 may be considered non-PCI compliant, and therefore may incur PCI compliance fees as laid out in their merchant agreement.
Verifone stopped issuing security patches in April 2020. This means businesses still using the Verifone Vx520 are more vulnerable to attacks by hackers, especially considering how widely used the terminal and its software are.
End-of-service date has been set to April 30, 2023, so all businesses still using the Verifone Vx520 will have to replace it with a newer device by then to keep processing transactions and avoid downtime.
How can I replace my Verifone Vx520 with a newer model?
Contact Sekure at (866) 710-7382 to get a next-generation Smart Terminal shipped to your business for free.
What is the best payment processing equipment for small businesses?
The Payanywhere Smart terminal is robust, fully PCI-compliant and compatible with contactless transactions. Combined with Sekure’s Edge program, you could save up to 100% of your processing costs. Get one shipped to your business fast by calling Sekure at (866) 710-7382, and start saving today.
Don’t see your issue in the list? Call (866) 710-7382, and we can help!
End-of-life for your Verifone isn’t end-of-life for your business.
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Accept payments by magstripe and EMV chip card
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