Hypercom Corporation (NYSE: HYC) today announced that Vienna-based Raiffeisen International Bank-Holding AG, part of RZB Group and one of Central and Eastern Europe's leading banking groups, has selected and is deploying over 30,000 high security Optimum card payment terminals and PIN entry devices to thousands of merchants in 15 Eastern European countries.
Raiffeisen International has also purchased Hypercom Network Access Controllers (NACs) to optimize transaction delivery to the bank host system.
The roll out represents a very important deal for Hypercom and its network of authorized distributors who will play a key role in supplying and supporting the Optimum terminals.
"By combining our Optimum payment terminals and MegaNAC(R)180 network access controllers, Raiffeisen International is able to ensure the fast and secure acceptance of electronic transactions for thousands of retailers across Eastern Europe," said Kazem Aminaee, Managing Director, Southern EMEA, Hypercom Corporation. "With this agreement, we further strengthen our position in this strategically important region."
"With Hypercom's high speed, high performance payment terminals we can develop our card payments business with merchants in 15 countries in Central and Eastern Europe, providing them with the highest levels of security and service," said Heinz Wiedner, Chief Operating Officer, Raiffeisen International.