Hypercom introduces family of PCI-approved payment terminals including three that are EMV-compliant
31 May, 2007
category: Financial
Hypercom has expanded its 32-bit family of electronic payment terminals to include three EMV and three non-EMV models. The six offer faster transaction processing, a higher-resolution display and a faster modem and join the company’s line of countertop, multi-lane, wireless and portable terminals that have been adopted by banks and retailers.
New Optimum Series Offers Six Competitively Priced U.S. & Global Models With Multiple Communications Options
PRAGUE, Czech Republic, Hypercom Global Partners Summit – Hypercom Corporation has announced the expansion of its Optimum family of 32-bit multi-application electronic payment terminals with a new global countertop platform featuring the highest security, largest memory and broadest feature set of any countertop device family of its kind. The new PCI PED-approved Optimum T4200 family will be available in three EMV and three non-EMV models, including a dial only model, Ethernet/SSL with dial backup and wireless GSM/GPRS connectivity also with dial backup. The new products can be used in either merchant-facing or hand-over payment environments to meet the varying requirements of global merchant markets.
The six Optimum T4200 models share the same compact form factor including a 19-key keypad layout. They also each offer faster transaction processing, a higher-resolution display and a faster modem than competitive units. They join a full array of high-performance Optimum countertop, multi-lane, wireless and portable terminals that have been adopted by leading banks, retailers and independent sales organizations around the world since Hypercom introduced its first 32-bit Optimum product in 2004.
“This new Optimum countertop platform beats every competitive product on a feature-for-feature basis, and has more capabilities for the price than any other countertop terminal in the industry,” said Gregory Boardman, Vice President, Countertop Products, Hypercom Corporation. “With these six new terminals, we now have a full line of 32-bit products that offer a migration path from older products for any single-lane, multi-lane or mobile merchant anywhere in the world.”
All six models in the new Optimum T4200 series incorporate a crisp 160 x 80 pixel monochrome display, come standard with 24MB of memory that is four to eight times larger than similar products, and can quickly and efficiently process debit, credit, smart card and value-added transactions such as gift/loyalty and dynamic currency conversion. At just 8 1/4″ long, 3 1/2″ wide and 2 1/2″ high, they are smaller than many competitive devices, conserve space on the retail counter, and are small enough for use in hand-over implementations.
The Optimum family already includes an array of PCI PED-approved terminals for single-and multi-lane retailers, including the M4100 Blade, the industry’s smallest and first truly mobile payment terminal; P4100, the first universal touchscreen PIN entry device that accepts contactless, EMV smart card or magnetic stripe card-based transactions; P1300, the first PCI PED-approved handheld PIN Pad; and L4200 and L4250, the first PCI PED-approved multi-lane payment products with an out-of-the-box, plug and play capability not requiring add-on components.
The six Optimum T4200 models are expected to be available for volume shipments in the third quarter.
About Hypercom (www.hypercom.com)
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services. The company’s solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits.