Thailand’s top three banks plan to deploy Hypercom’s ePic ICE 5500 Internet-enabled card payment web appliances to increase their electronic card acceptance network. The touch screen web appliances, provided by Bangkok Bank, Thai Farmers’ Bank and the Thai Military Bank, will incorporate electronic receipt capture (ERC) and Hypercom’s ePicPak(TM) advertising gateway and screen format translator. The appliances will be used at medium to large-size retail merchants throughout Thailand. The deployment will initially consist of 2,000 appliances. Thailand is one of the world’s top 20 markets based on total number of payment cards.
Hypercom’s ePic (ePOS-infocommerce(TM)) ICE 5500 is a multi-function touch screen-based terminal incorporating a high-speed thermal printer, paper cutter, and Hypercom FastPOS(TM) 9600 bits per second (bps) modem technology that completes transactions in under six seconds. The ePic ICE 5500 supports a full range of secure electronic payment transactions including debit, credit and checks, in addition to electronic benefits. When used in concert with Hypercom’s ePicPortz(TM) software, the ePic ICE 5500 enables merchants to access a range of Internet-based services including: e-mail, on-screen advertising, interactive electronic coupons, electronic receipt capture and merchant e-commerce functions.
“Our collective objective is to provide our merchants with the highest quality, end-to-end, revenue-generating solutions and services at the point-of-sale, and Hypercom is the ideal electronic payment provider to help us achieve that goal,” said Khun Chalida, First Vice President, Credit Card Dept. of Thai Farmers Bank. “Hypercom’s card payment web appliances, software and networking equipment will help us provide the most advanced and value-packed solution to our customers.”
“Hypercom’s ePic strategically converges the physical and virtual worlds, and transforms POS terminals into information delivery and program access platforms with which merchants can leverage the power of the Internet to provide consumers with an array of new services,” said Jeremy Su, President of Hypercom Asia Ltd. “We are pleased to join Thailand’s leading financial institutions in introducing these new services to this important country’s retailers.”
Hypercom Corporation (NYSE:HYC) is a global provider of end-to-end electronic payment solutions, including card payment systems, peripherals, network products, software and e-commerce payment solutions that add value at the point-of-sale for consumers, merchants and acquirers.
Headquartered in Phoenix, Arizona, Hypercom markets its products in more than 100 countries through a global network of affiliates and offices in Argentina, Australia, Brazil, Chile, China, Germany, Hong Kong, Hungary, Japan, Mexico, Russia, Singapore, Thailand, Sweden, the United Kingdom and Venezuela. Hypercom’s Internet address is [www.hypercom.com].