Hypercom Corporation (NYSE: HYC) announced today that the three smart card-based 32-bit multi-application electronic payment terminals in its new Optimum T4200 series have received Interac Association Chip PED Device Certification for use within the Interac Direct Payment (IDP) network.
The new certification from Canada's leading electronic payment exchange standards organization covers the Optimum T4210 (dial only), T4220 (Ethernet with dial backup) and T4230 (GPRS with dial backup) models with integrated smart card readers, adding to the T4200 platform's security features.
The T4200 platform has also received PCI PED approval for secure PIN entry, MasterCard Worldwide Payment Terminal Security approval for IP and wireless transactions, and EMV Level 1 & 2 certifications for global merchant markets. The platform also complies with the European Union's RoHS requirements for hazardous substances.
"Interac Association Chip PED Device Certification together with the platform's existing PCI PED approval and EMV certifications enables Canada's retailers to take advantage of the highest security and broadest feature set available in a card payment terminal," said Gregory Boardman, Vice President, Countertop Products, Hypercom Corporation. "The T4200 beats every competitive product on a feature-for-feature basis, and delivers more capabilities for the price than any other in the industry."
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 ½" wide and 2 ½" 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.