Hypercom Corporation (NYSE: HYC) today announced that Banco Nacional de Costa Rica (BNCR), one of the largest banks in Costa Rica with more than 165 branch offices across the country, has selected and will deploy more than 13,000 Hypercom Optimum countertop and mobile payment terminals to merchants throughout Costa Rica.
The multi-million dollar, four-year roll out is believed to represent one of the largest in the country, and represents a significant expansion of Hypercom's high security product portfolio in Costa Rica. The card payment terminals and merchant field services will be provided by Evertec Latin America one of the authorized distributors of Hypercom products in Costa Rica. The terminals include the countertop T4210 (dial) and T4220 (Ethernet with dial) and mobile M4230 GPRS, M4240 Bluetooth and palm-sized M4100 Blade.
"Hypercom's state-of-the-art and much in-demand products address the specific needs of our customers and will help us improve substantially the merchant and consumer experience at the point of transaction," said Jorge Bonilla Lorenzo, Director de Banca de Medios Electrónicos de Pago at BNCR.
"BNCR is one of the electronic payment leaders in Costa Rica, and their selection of Optimum is a major endorsement that recognizes the product's competitive advantages and strengthens our footprint in Central America," said Samia Bounaira, Managing Director, Mexico, Caribbean and Central America (MCCA), Hypercom Corporation.
Hypercom's high security Optimum T4200 and M4200 product family for North America consists of six 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. The high security battery powered M4100 Blade weighs in at 7.1 ounces; measures 4.9 inches long, 2.7 inches wide, and 1.15 inches deep; features GPRS and Wi-Fi communications, high-contrast full-color signature capture touch screen; and provides other state-of-the-art features for restaurants, delivery services and other businesses worldwide.