Hypercom Corporation (NYSE: HYC) today announced that Carrefour, the largest retailer in Europe and second largest worldwide, will deploy Hypercom's Wynid server-based payment solution and more than 12,000 PIN Pads with EMV contactless readers at 210 of its French hypermarkets, as well as at all of Carrefour's petrol stations in France.
The multi-million dollar agreement is believed to represent one of the world's largest deployments of EMV contactless readers and represents a significant expansion to Hypercom's existing business with Carrefour. The giant retailer already uses Hypercom's Wynid secure payment solution at 15,000 cash registers in its Market, City and Contact stores.
"Hypercom clearly demonstrated its ability to deliver innovative, state-of-the-art payment technology that reduces this influential global retailer's cost of accepting non-cash payment options and greatly improves operational efficiency. In parallel, the Hypercom solution gives Carrefour's customers the ability to quickly and safely pay for their purchases," said Philippe Tartavull, Chief Executive Officer and President, Hypercom Corporation.
"Carrefour's migration to Hypercom technology significantly expands our regional footprint, boosts our market share in large retail environments globally and represents a major endorsement of our Wynid server-based payment solution by one of the most globally recognized and respected retail brands; it marks one of the largest deployments of EMV contactless readers worldwide," said Kazem Aminaee, Managing Director, Hypercom Southern EMEA.
The Carrefour Group is the largest retailer in Europe, and the second largest worldwide, with more than 15,000 stores under banner in 33 countries and more than 490,000 employees.
The Group combines different store formats - hypermarkets, supermarkets, hard discount, convenience stores and cash & carry outlets - constantly adapting to its customers' consumption patterns.
The Carrefour Group has selected Hypercom's electronic payment solution for its hypermarkets in France. Country-wide deployment of the solution started in October 2009.