IRN Payment Systems (IRN), one of the nation's premier credit card processors, today announced that it has selected and Class A certified Hypercom Corp.'s (NYSE: HYC) Optimum T4100 multi-application card payment terminal.
The selection and certification means that IRN will market the device to its merchant base and provide full support for the promotion of this high-speed, IP-enabled terminal.
The T4100 gives IRN the flexibility to deliver one or more payment processing solutions on the same high-performance terminal platform. The terminal's multi-application architecture and configuration abilities allow IRN to deploy their credit/debit, electronic check and gift card services singly or in any combination, enabling sales to merchants who do not want the complete package or cannot commit to the full suite because they are locked into contracts for select services with other providers.
"Hypercom has always been at the forefront with their high-security payment products and the T4100 enables that leadership to continue. The versatility of this device, from a single service application to multi-service, and the option of IP or dial connectivity, gives us a solution that will fit any customer's needs," said Tom Della Badia, vice president of sales, IRN Payment Systems. "The ability to meet all of these needs with a single POS platform will increase our sales opportunities and ease the burden on our merchants, who are constantly under pressure to upgrade their POS equipment."
"IRN's selection of the T4100 adds to the product's market traction and strongly validates that our advanced engineering, features and functions meet an array of merchant needs," said Lisa Shipley, senior vice president, national sales, Hypercom Corp. "IRN is committed to giving its customers the very best, and they are doing just that with the T4100."
The Optimum T4100 features a powerful 32-bit, Intel XScale processor and 24 megabytes of memory to deliver intelligently integrated multi-application performance and the industry's fastest transaction speeds for both IP/SSL and dial applications. The unit can perform 250 MIPS (millions of instructions per second) compared to 1.6 MIPS for similar devices and has at least 18 more megabytes of memory, enabling support for more value-added applications than any other terminal on the market.