Hypercom Corporation (NYSE: HYC) announced today that GBC (GIRO Bankkártya Zrt), the leading provider of payment and processing systems in Hungary and a subsidiary of SIA-SSB, has selected Hypercom's Optimum T4200 card payment terminals to expand electronic payments in Hungary and other Central and Eastern European countries including Romania, Croatia, Slovenia, Slovakia and the Czech Republic.
"GBC's complete range of services together with Hypercom's Optimum payment terminals and our experience in supporting merchants and acquirers by making it easier for their customers to pay, enables us to provide a robust and reliable payment infrastructure with distinct benefits to acquirers and merchants who will now be able to concentrate on their respective core activities," said Fabrizio Canedoli, CEO of GBC.
"We are focused squarely on capturing market share in high growth geographies and we are doing it with premier companies like GBC and an exceptional range of high security products and services," said Kazem Aminaee, Managing Director, Southern Europe, Hypercom Corporation. "GBC's selection of Hypercom and their intent to expand throughout Central and Eastern Europe is directly in line with our strategy, and it will strengthen our ability to more quickly deliver the very best solutions to these important markets."
Hypercom's high security Optimum T4200 product family consists of six powerful, multi-application devices that share the same platform, user interface and software toolkit to maximize efficiency, application portability and offer customers a broad range of options to serve any market.