Hypercom wins Madrid metro deal

Source: Hypercom

Hypercom Corporation (NYSE: HYC) today announced that system integrators Indra and Telvent will install more than 1,000 Hypercom Artema Modular self-service card payment terminals at 293 Metro de Madrid stations to speed ticketing for nearly 2.5 million commuters and other travelers per day.

Serving the capital of Spain, Metro de Madrid covers 382 kilometers (237.4 miles), is the sixth longest metro in the world and one of the fastest growing networks globally. The installation has just begun.

"We are combining secure card payment with state-of-the-art self-service ticketing throughout Spain's most widely used urban transit network, making travel easier for the nearly 90 million passengers that use Madrid Metro each and every year," said Javier Contreras, Project Manager, Indra.

"Demand for high security self-service transactions is escalating globally, allowing consumers to benefit from 24/7 access to goods and services," said Kazem Aminaee, President and Managing Director, Hypercom Southern EMEA. "Indra and Telvent's selection of Hypercom technology strengthens our leadership position in self-service card payment solutions, and brings new levels of convenience to millions of travelers."

Hypercom's Artema Modular unattended payment terminal has become the product of choice for integrators and operators of self-service systems throughout Europe. At toll roads, parking meters and ticketing machines, Artema Modular provides a rugged and reliable card payment solution, which has been designed to ensure the highest levels of transaction security.


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