US payment terminals manufacturer Verifone reported a 21 percent increase in its third quarter net revenues to US$317 million and expressed optimism that the current growth in mobile payments would boost its full-year figures.  The company expects fourth quarter net income in the range of US$0.49 to US$0.50 per share on sales of US$395 million to US$400 million, an increase on analysts’ previous estimates.

The basis of Verifone’s optimism is the use of its terminals to handle a growing number of payments from NFC-enabled smartphones. The company’s CEO Douglas Bergeron (pictured) said the next phase of Google’s m-wallet rollout is planned “for the end of month where we go from hundreds of locations to tens of thousands of locations” in the US, according to Reuters. In addition, other causes of optimism include a recently-won US$6.9 million contract with New York’s Metropolitan Transportation Authority to deploy 1,000 of its terminals on buses which enable payment via NFC handsets. But it will be Europe that really powers fourth-quarter revenues according to the firm, including the installation of NFC systems in locations such as London taxis and shops ahead of next year’s Olympics.