Global payment innovator Hypercom says it has received ep2 certification for the Optimum card payment terminals in Switzerland. The ep2 specification was developed to bring the chip-based EMV payment procedure into that country.
Hypercom Corporation announced that it has received the important ep2 certification for its Optimum(TM) card payment terminals in Switzerland. The certification will expand the global market for Hypercom’s products.
The ep2 specification was developed to bring the chip-based EMV payment procedure into Switzerland. The specification was a joint project between eight major organisations including Telekurs, Credit Suisse, Diners Club Schweiz AG, and JCB International Co., Ltd. The future EFTPOS infrastructure of debit, credit and electronic purse terminals in Switzerland is clearly defined, resulting in an open system based on international standards and recommendations.
Martin Croot, general manager, Hypercom EMEA, explains that “this important certification opens up a new geographical market for Hypercom, allowing further integration of our Optimum product into a terminal base that exceeds 110,000 units.”
Merchants in Switzerland generally buy their own payment terminals from POS vendors. Hypercom’s distributor in Switzerland, Commtrain Card Solutions AG., has developed a gateway for terminals to dial-in, routing each transaction automatically to the appropriate acquirer. This provides a single host solution for the retailer, making the installation and payment consolidation process much more straightforward.
Marcus Graf, CEO of Commtrain, explains that “with this technology and the POS terminals of Hypercom, Commtrain Card Solutions AG is able to offer a unique service to all merchants in Switzerland. Together with our strategic partner and acquirer Aduno SA., we now offer a full range of excellent payment services all out of one hand. This puts us steps ahead of most our competitors.”
Hypercom’s Optimum line includes the Optimum T2100 counter-top and Optimum M2100 mobile payment terminals. The T2100 provides a versatile counter-top terminal with configurations including V.90 and Ethernet connectivity. The M2100 uses wireless GPS or GPRS communications to transact payments for mobile businesses such as pizza delivery, sporting events, market traders, shopping kiosks and taxis.
About Hypercom (www.hypercom.com)
Widely recognized as the global payment technology innovator, Hypercom delivers complete card payment terminal, network access device, server and transaction networking solutions that help merchants and financial institutions generate revenues and increase profits. Hypercom’s card payment terminal, network and server solutions are leading the transformation of electronic payments in more than 100 countries. The company is headquartered in Phoenix, Arizona.
About Commtrain Card Solutions (www.ccshome.ch)
Commtrain was founded in 2002 and is a major vendor of POS terminals in Switzerland. Being the exclusive Hypercom distributor for Switzerland, Commtrain supplies all different terminals services to merchants and key accounts whole over the nation. In International Business, Commtrain acts as general contractor for Business solutions in the wide field of cashless payment and gateway solutions, implementing customized or standard software solutions. Commtrain’s headquarters are located in Wil (SG).