Hypercom’s L5300 and L5400 Achieve PCI Approval

The Hypercom “L5300” and “L5400” multilane payment terminals are now PCI approved. The “L5000” represents the industry’s most comprehensive line of high performance, multilane terminals that will connect to any POS register system via numerous communications formats. Features include an integrated ADA compliant keyboard, a side-lit keypad, Braille characters and a headphone jack to assist the visually disabled. It also features a full VGA color display and hardened glass capacitive touch screen providing the industry’s brightest and most legible interface for interactive multimedia advertising and a cradled, cordless Wi-Fi or Bluetooth(R) hand-over device that lets clerks at jewelry, cosmetic and other high value counters bring the payment device to the customer.

Hypercom Introduces Multilane Merchant Product

Hypercom Corporation is launching its “L5000” product family of customer-facing, multipurpose, multimedia payment terminals. With a range of functional and communication capabilities, the “L5000” family of terminals will connect to any POS register system with any communications protocol and enables multiple in-store use. Offering in-aisle product locating, barcode price checking, health insurance card processing at the pharmacy, gift card loading and wedding registry processing at kiosks the “L5000” features an integrated ADA compliant keyboard, a side lit keypad, braille characters and a headphone jack. Additional features include a full VGA color display; hardened glass capacitive touch screen; a modular contactless reader; and a cradled, cordless Wi-Fi or Bluetooth(R) hand-over device. The “L5350” and “L5200” will be available early next year.

VeriFone Deploys Next Generation VX Payment

VeriFone Holdings unveiled VX Evolution, delivering the next generation of its popular VX payment solutions family with market-leading enhancements including integrated contactless and end-to-end encryption. The four new VX Evolution systems designed to PCI PED 2.0 specifications, all feature industry-leading performance with ARM11 advanced processors and large standard memory configurations. All provide VeriShield Protect technology built-in to support end-to-end encryption of card data and include the “VX 520” countertop workhorse, featuring standard 160MB memory; the VX 680 mobile payment featuring more memory, large color display touch screen and options for WiFi, GPRS, CDMA and Bluetooth; the VX 820 programmable PIN pad featuring a 3.5” color display and touch screen; and the VX 820 DUET hand-over payment device with integrated PIN pad functionality.

BBVA & HYPERCOM

BBVA Bancomer will deploy more than 13,000 “Optimum T2100” countertop and “M2100” Bluetooth-enabled mobile payment terminals. With the order, Bancomer BBVA has purchased more than 21,300 “Optimum” terminals this year. Hypercom’s “Optimum T2100” is a high-speed 32-bit device with an integrated EMV-compliant smart card reader, built-in printer, large memory to accommodate multiple applications, support for multiple languages and currencies, hand-over countertop design and graphical interface that guides customers through transactions with clear prompts. The wireless “Optimum M2100” is a compact, high-speed, battery-operated device that facilitates fast, secure point-of-sale transactions for restaurants, car rental companies, sports stadiums, medical facilities and other businesses that require non-stationary payment systems.

INTERAC CERTIFIES HYPERCOM

The Interac Association has granted the Hypercom T4200
series PED Device certification. With this certification, the
devices in the series, including the Optimum T4210
(dial only) the T4220 (Ethernet with dial backup) and T4230
(GPRS with dial backup) models, can be used in the Interac
Direct Payment Network (IDP). The card processing devices
have a 32-bit multi-application, a 19 button keypad layout,
are compact and come with 24 Mb of memory. Hypercom
specializes in high security, end-to-end payment products
in for banks, processors, retailers, merchants and restaurants
in over 100 countries.

Hypercom Revenues Up 2%; Gross Profit Sinks

Hypercom posted a 2% increase in revenue for the second quarter compared to the year-ago quarter and a net loss of $5.7 million compared to $6.3 million in net income for 2Q/06. Gross profit fell more than 200% to $8.7 million. The profit drop was attributable to charges for non-PCI compliant products and components; a product warranty settlement paid to a European customer; costs associated with the transition to contract manufacturing; and a write-off of capitalized software. Hypercom said that global price pressure has reduced average selling prices in virtually all terminal categories. The Company also noted that it faced a change in the mix of product sales from older, cost-reduced, high margin “T7Plus” terminals, to lower margin, newer terminals such as the “T2100” and “L4100.” New terminals have traditionally been introduced at higher cost with the assumption that they will be cost engineered over time, raising gross margins. During the second quarter, Hypercom introduced a new global countertop terminal family comprised of six 32-bit, PCI PED-approved, multi-application payment terminals; featuring a common form factor with the highest security, largest memory, “Apriva” “Class A” certified the “Optimum M4100” on Apriva’s “Intelligent Gateway”; and introduced the “SmartPayments Payment Processing Suite,” an electronic payment processing solution that integrates into PC-based POS systems without any integration requirements related to POS hardware, allowing for Microsoft Windows-based POS systems to accept all forms of electronic payments. For complete details on Hypercom’s second quarter results, visit CardData ([www.carddata.com][1]). (CF Library 3/20/07)

HYPERCOM REVENUE HISTORICAL
2Q/05: $60.2 million
3Q/05: $66.5 million
4Q/05: $68.1 million
1Q/06: $61.0 million
2Q/06: $66.1 million
3Q/06: $56.7 million
4Q/06: $64.8 million
1Q/07: $64.8 million
2Q/07: $67.5 million
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com

Hypercom Earns EMV Certifications for T4200

Hypercom’s new “Optimum T4200” family of electronic payment terminals has received “EMV Level 1 and 2” certifications. The new certifications add to the “T4200’s” other security features, including “PCI PED” approval for secure PIN entry, and enhance the platform’s built-in global capabilities such as integrated smart card readers and compliance with the European Union’s “RoHS” requirements for hazardous substances. The interoperability specifications and test requirements were established by EMVCo. The “Optimum T4200” family consists of six 32-bit multi-application terminals including three EMV and three non-EMV models; with dial only, Ethernet/SSL/dial backup, and wireless GSM/GPRS/dial backup connectivity available in each category.

Credomatic Ranks Hypercom Best Payment Provider

Hypercom has announced its ranking as “Best Payment Provider” in
Central America by Credomatic merchant acquirer. On Credomatic’s
scale of a possible 100, Hypercom scored a 97. The payment
provider was evaluated in terms of product quality, delivery, warranty,
reclamations, additional services, features and benefits. Card payment
providers are becoming increasingly significant with more than 18 million
cards issued in 2006 and nearly 30% of retail purchases now made with
cards versus cash, according to industry sources. Installed point-of-sale
terminals now exceeds 115,000 and is growing, momentum that can be
credited to Credomatic’s expertise in payment system automation services.
Credomatic is currently supported by more than 70% of the region’s banks.

OPTIMUM T4200

Hypercom is expanding its “Optimum” line of 32-bit multi-application electronic payment terminals in the third quarter with a new global countertop platform. 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. The six “Optimum T4200” models share the same compact form factor including a 19-key keypad layout. All six models in the new series incorporate a 160 x 80 pixel monochrome display, come standard with 24MB of memory that is four to eight times larger than similar products, and can process debit, credit, smart card and value-added transactions such as gift/loyalty and dynamic currency conversion.

Hypercom Adds Six New Optimum Terminals

Hypercom Corporation is expanding its “Optimum” line of 32-bit multi-application electronic payment terminals in the third quarter with a new global countertop platform. 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. The six “Optimum T4200” models share the same compact form factor including a 19-key keypad layout. All six models in the new series incorporate a 160 x 80 pixel monochrome display, come standard with 24MB of memory that is four to eight times larger than similar products, and can process debit, credit, smart card and value-added transactions such as gift/loyalty and dynamic currency conversion.

OTI & Hypercom Power Swiss Contactless EMV

The first EMV contactless transaction in Europe, according to Swiss technology standards and rules, took place March 29th, using OTIâ™s “Saturn 6000” and Hypercomâ™s “T2100.” The transaction took less than 0.5 seconds. The transaction was initiated by MasterCard Europe and the Swiss Bank Aduno Group, in collaboration with a McDonald’s restaurant, in Stadelhofen, Zurich. The market launch of contactless card payment technology in Switzerland is projected to commence this year, following pilots in Zurich, Lausanne and Lugano. The “Saturn 6000” supports “VISA Contactless,” AmEx’s “ExpressPay,” Discover’s “Zip” as well as programs for mass transit ticketing, MIFARE, loyalty, and third party applications. The “Optimum T2100” is a high-speed countertop terminal based on a 32-bit RISC processor with 12 megabytes of memory and dial communication.

First EMV Contactless Transaction

The first EMV contactless transaction in Europe according to Swiss technology standards and rules took place March 29th, using OTI’s “Saturn 6000” and Hypercom’s “T2100.” The transaction took less than 0.5 seconds. The transaction was initiated by MasterCard Europe and the Swiss Bank Aduno Group, in collaboration with a McDonald’s restaurant, in Stadelhofen, Zurich. The market launch of contactless card payment technology in Switzerland is projected to commence this year, following pilots in Zurich, Lausanne and Lugano. The “Saturn 6000” supports “VISA Contactless,” AmEx’s “ExpressPay,” Discover’s “Zip” as well as programs for mass transit ticketing, MIFARE, loyalty, and third party applications. The “Optimum T2100” is a high-speed countertop terminal based on a 32-bit RISC processor with 12 megabytes of memory and dial communication.