Hypercom Corporation (NYSE: HYC) today announced that Permata Bank, one of the largest national banks in Indonesia with more than 269 branch offices in 57 cities, has selected and will deploy Hypercom's Optimum T4200 payment terminals as part of the bank's nationwide Mini-ATM rollout.
The first phase of the multicity rollout is expected to begin next month. The initial rollout will consist of more than 500 co-branded terminals ordered and supported by Hypercom value-added reseller PT Multi Adiprakarsa Manunggal ("Kartuku").
"Hypercom's state-of-the-art high security technology is the perfect choice for Permata Bank's Mini-ATM rollout. With this initial rollout, the bank will bring an array of additional services, speed and security to its customers," said Mr. Niki Luhur, President, Kartuku. "We applaud and fully support Permata Bank's vision to expand bill payment services via POS terminals throughout Indonesia."
The Mini-ATMs, installed at participating retail locations, will enable the bank's customers to complete more than 100 types of transactions, including paying bills ranging from utility, insurance and credit card bills, and purchasing goods and services, such as airline tickets and mobile phone pre-paid vouchers.
"Permata Mini-ATM has a fairly significant role in Indonesia's online payment solutions. This service not only supports partnerships with entrepreneurs, but small, medium and large sized businesses as well. We envision installing Permata's Mini-ATM across Indonesia in every type of retail outlet in residential areas, traditional markets and even roadside minimarts," said Mr. YB Hariantono, Head of Network at Permata Bank.
"Permata Bank is an influential member of Indonesia's banking leadership, and their selection of Hypercom is a terrific endorsement that speaks to our products' competitive advantages, and strengthens our footprint in this important market," said Jacques-Herve Maupin, Managing Director, Hypercom Asia Pacific.