Hypercom Corporation (NYSE: HYC) announced today that its new Optimum T4200 family of electronic payment terminals has received EMV Level 1 and 2 certifications, making the platform available to merchants and financial institutions in international markets.
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 current EMV certifications ensure that the T4200 terminals can accept the EMV-compliant smart cards that are being deployed around the world to increase security and combat credit card fraud at the point of sale. The interoperability specifications and test requirements were established by EMVCo LLC, an organization currently governed by JCB Co., ltd, MasterCard Worldwide and Visa International.
"We designed our T4200 platform with more capabilities for the price than any other in the industry. The earning of these certifications, together with the platform's existing PCI PED approval, delivers the highest security and broadest feature set available, and opens the door for robust sales globally," said Gregory Boardman, Vice President, Countertop Products, Hypercom Corporation.
The Optimum T4200 family consists of six 32-bit multi-application terminals with a consistent "look and feel" and 19-key keypad layout. The series includes 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.
At just 8 1/4" long, 3 1/2" wide and 2 1/2" high, the T4200 devices are among the smallest in their class, conserving counter space, and offer an easy 'hand-over' form factor for regions that require this capability. All six models incorporate a crisp 160 x 80 pixel monochrome display that exceeds the resolution of competitive units, come standard with 24MB of memory (four to eight times larger than similar products), and can quickly and efficiently process debit, credit, smart card and value-added transactions such as gift/loyalty and dynamic currency conversion.
The new terminals join a full array of high-performance Optimum countertop, multi-lane, wireless and portable terminals that have been adopted by leading banks, retailers and independent sales organizations around the world, since Hypercom introduced its first 32-bit Optimum product in 2004.