Hypercom Corporation (NYSE: HYC) announced today that its two smart card-based 32-bit multi-application mobile electronic payment terminals in its new Optimum M4200 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 M4240 Bluetooth and M4230 GPRS models with integrated smart card readers.
The Optimum M4200 mobile series has already received PCI PED approval, MasterCard Worldwide Payment Terminal Security approval for IP and wireless transactions and EMV Level 1 & 2 certifications for global merchant markets. The M4200 family shares the same application development toolkit and user interface as the T4200, enabling business applications written for one platform to be quickly repurposed for the other for fast deployment. This unrivaled efficiency constitutes the most flexible platform in point-of-sale today.
"This certification gives Canada's merchants a truly breakthrough product that makes secure mobile transactions the new standard in POS," said Paul DeRosse, Country Manager, Hypercom Canada. "Our M4200 mobile terminals together with our T4200 countertop and L4150 multi-lane Optimum products give customers a complete point-of-sale solution that can be deployed in any end-use scenario regardless of communications needs."