Hypercom Corporation (NYSE: HYC) announced today that its new 32-bit multi-application Optimum T4210 (dial) and T4220 (Ethernet with dial backup) high-security electronic payment terminals and vendor-agnostic PV1310 PIN Pad have received Class A certification from National Processing Company (NPC), one of the nation's largest acquirers exclusively focused on the merchant processing market.
The certifications open an important sales channel for Hypercom's devices through NPC's large customer base of over 260,000 merchants.
"Hypercom's T4210 and T4220 payment terminals bring an entirely new level of security, features and capabilities to the retail countertop, and the low-cost PV1310 handheld PIN entry device gives retailers the option of adding high-security PIN-based payments to their legacy systems without upgrading their entire terminal infrastructure," said Chris Lee, Senior Vice President of Market Research and Product Development, National Processing Company. "Demand for the features and high security embodied in these new products is escalating sharply, and we are meeting that demand head-on with Hypercom's new products."
The T4200 product platform has received PCI PED approval for secure PIN entry, MasterCard Worldwide Payment Terminal Security approval for IP and wireless transactions, and EVM Level 1 and 2 certifications for global merchant markets. All terminals also have built-in security features such as optional privacy shields, Triple DES encryption to protect cardholder PINs, and Hypercom's exclusive RSA-based security infrastructure to prevent the introduction of fraudulent applications or competitor "slamming." The PCI PED approved PV1310 handheld PIN entry device features a vendor-agnostic architecture that enables easy integration with non-Hypercom card payment terminals.
"This Class A certification, together with the T4200 platform's existing high-security approvals and certifications, enables NPC's merchants to take advantage of the highest security and broadest feature set available in a card payment terminal or customer-facing handheld PIN Pad," said Gregory Boardman, Vice President, Global Product Marketing, Hypercom Corporation. "The T4200 family beats every competitive product on a feature-for-feature basis and delivers more capabilities for the price than any other in the industry; and the PV1310 delivers a low-cost, reliable and highly secure vendor-agnostic PIN entry capability for consumers using debit cards, Electronic Benefit Transfer (EBT) and other PIN-based forms of payment."
Hypercom's 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.
The PV1310 handheld PIN Pad, a PCI PED certified PIN pad featuring vendor-agnostic architecture, has recently been introduced. The PV1310 enables easy integration with non-Hypercom payment terminals, enabling merchants to quickly add high-security PCI certified PIN-based payments to their legacy systems without having to upgrade their entire terminal infrastructure.