Hypercom
Corporation (NYSE: HYC) announced today that Elavon
has Class-B certified Hypercom’s SPOS32 EMV and PA-DSS approved payment
software on the PTS approved Optimum T4200 and M4200 mobile product
family. Elavon is one of the first leading payment acquirers in Canada
to certify SPOS32. With this certification, Elavon can process credit
card transactions originating from these devices in Canada, effective
immediately.
"We are focused on delivering sensible, state-of-the-art EMV payment
systems to the Canadian market, and we are doing just that with products
that futureproof the retail experience and lower the total cost of
ownership,” said Cory Taylor, general manager of Elavon’s Canadian
region.
"With Elavon, we are bringing high speed, high performance payment
terminals to Canadian retailers who demand nothing less than the very
best products and services,” said Brent Smith, Country Manager, Hypercom
Canada. "Achieving this certification allows us to continue to reinforce
our increasingly considerable footprint in this important market.”
Hypercom’s high security PTS approved and Interac certified Optimum
T4200 and M4200 product family for North America consists of six
powerful 32-bit multi-application systems that share the same platform,
user interface, and software toolkit to maximize efficiency, application
portability, and offer customers a broad range of options to serve any
market need. For additional product information, click here.
Each Optimum payment system incorporates Hypercom’s full X509 PKI
(public key infrastructure) HyperSafe® Secure security layer to protect
the system and applications from hacking and malware attacks. Protecting
the operational procedures and maintenance of payment terminals is just
as important as protecting cardholder data. Hypercom’s HyperSafe suite
of security products defends terminals from rogue applications and
malware, protects the terminal management system from communicating with
fraudulent terminals and provides the industry’s only remote key
management system. The key benefit for banks, processors and large
retailers: protects their investment in the point of sale estate;
reduces the potential for fraudulent use of terminals; and ensures the
secure transport of cryptographic keys.
About Hypercom
Global payment technology leader Hypercom Corporation delivers a full
suite of high security, end-to-end electronic payment products, software
solutions 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, petroleum,
healthcare, prepaid, self-service and many other markets. Hypercom
solutions enable businesses in more than 100 countries to securely
expand their revenues and profits. Hypercom is a founding member of the
Secure POS Vendor Alliance (SPVA) and is the second largest provider of
electronic payment solutions and services in Western Europe and third
largest provider globally.
Hypercom and Optimum and Design are registered trademarks of Hypercom
Corporation. All other products or services mentioned in this document
are trademarks, service marks, registered trademarks or registered
service marks of their respective owners.
This press release includes statements that may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including statements regarding market
acceptance of new products, product capability and performance, product
competitiveness, product sales, revenues, profits, and market share.
These forward-looking statements are based on management's current
expectations and beliefs and are subject to risks and uncertainties that
could cause actual results to differ materially from those described in
the forward-looking statements. In particular, factors that could cause
actual results to differ materially from those in forward-looking
statements include: industry, competitive and technological changes; the
loss of, and failure to replace any significant customers; the
composition, timing and size of orders from and shipments to major
customers; inventory obsolescence; market acceptance of new products and
services; compliance with industry standards, certifications and
government regulations; the performance of suppliers, contract
manufacturers and subcontractors; risks associated with international
operations and foreign currency fluctuations, the state of the U.S. and
global economies in general, risks associated with the Company being
merged with and into VeriFone Systems, Inc. as contemplated by a
definitive merger agreement between the companies, and other risks
detailed in our filings with the Securities and Exchange Commission,
including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks.
Forward-looking statements speak only as of the date made and are not
guarantees of future performance. We undertake no obligation to publicly
update or revise any forward-looking statements. HYCP
