Blueshift Discusses VeriFone Systems (PAY)

Blueshift Ideas is out with a series of tweets on VeriFone Systems, Inc. (NYSE: PAY)

In the tweets, Blueshift says that "VeriShield financial value limited compared to well-entrenched position in growing mobile payment area."

"VeriShield already widely adopted in Level 1,2 merchants. Customer growth oppty exists for Level 3,4 expecting encryption at low cost."

In the last tweet, Bluehsift says that VeriFone Systems "revenue growth [is] more likely [to come] from mobile market with large retailers focusing on upgrades." The company has 60% of the card readers market.

At last check, shares of VeriFone Systems were off $1.68 to $45.46, a loss of 3.6%.