Topic summary
Credit card terminal
Extracted from the Wikipedia article Payment terminal.
History
Over a decade later in 1994, Lipman Electronic Engineering was established in Israel. Lipman manufactured the Nurit line of processing terminals. Because of Verifone's already firm place in the payment processing industry when Lipman was established, Lipman targeted an untapped niche in the processing industry. While, Lipman held about a 10% share in wired credit card terminals, they were the undisputed leader, with more than 95% share in wireless processing terminals in the late 1990s.