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Hypercom inks Canada marketing deal with CardWorks

18 February 2010  |  3471 views  |  0 Source: Hypercom

Hypercom Corporation (NYSE: HYC) today announced that Peoples Trust Company and Integrated Card Exchange, an affiliate of CardWorks, Inc. will market Hypercom's Optimum T4210 (dial) and T4220 (Ethernet with dial) high security payment terminals to Independent Sales Organizations and merchants in Canada, effective immediately.

Planet Payment has Class A certified Hypercom's popular SPOS32 payment software on the two terminals.

"With Peoples Trust and Integrated Card Exchange, we are bringing merchants state-of-the-art payment products that support the specific business and technical requirements of the Canadian market," said Brent Smith, Hypercom Country Manager, Canada.

Hypercom's chip and PIN-enabled T4210 and T4220 payment terminals for the Canadian market enable full domestic processing support. Both terminals have received EMV certification from the Interac Association, Canada's national debit card program, allowing merchants to accept the popular Interac debit cards at their establishments. The T4210 and T4220 also feature a robust suite of software applications, including support of Pay in Your CurrencyTM. With Pay in Your CurrencyTM, powered by payment processor Planet Payment, Canadian merchants can offer international MasterCard or Visa cardholders the convenience of paying for purchases in their home currency.

"Each of these terminals represents a comprehensive solution meeting the domestic and international payment needs of the Canadian market," said Matt Berman, Managing Director of Integrated Card Exchange. "From the domestic perspective, Hypercom's Optimum terminals support Interac debit cards -- a business necessity given the widespread use of this card by Canadians. The Pay in Your Currency service, powered by Planet Payment, allows merchants to better serve their international clientele by providing them the comfort and convenience of paying in their native currency."

"Now Canadian merchants have access to feature-rich terminals that support the key domestic payment options and our innovative Pay in Your Currency service, providing merchants with the payment and marketing tools to drive maximum results," said Philip D. Beck, Chief Executive Officer of Planet Payment. "Planet Payment and Hypercom have a successful history of providing miing merchants in the United States and key markets in Asia Pacific with payment solutions that help improve efficiency and profitability."

Hypercom's high security Optimum T4200 product family for North America consists of four powerful 32-bit 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 need.

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