Hypercom Corporation (NYSE: HYC) today announced that SecuTrans Bank Card Service, a leading credit and debit card merchant service provider in Canada, has selected and will deploy Hypercom's Optimum countertop and mobile payment systems with SPOS32 MSR/EMV software application to its merchant customers.
Hypercom's systems replace an incumbent provider's product and were selected in head-to-head competition with other global payment providers. Financial terms were not disclosed.
"Hypercom's Optimum systems with EMV software give our merchants the highest quality and most robust card payment systems on the market. And we can securely and remotely download the EMV application using Hypercom's HyperSafe® Secure and Term-Master® Suite management systems to protect our merchant customers and their investment," said Leon Tang, President of SecuTrans Bank Card Service.
"Optimum sets a new standard for electronic payments through advanced security features that provide a safe shopping experience for consumers, dependability for merchants and the lowest total cost of ownership for customers," said Brent Smith, Country Manager, Hypercom Canada. "SPOS32 is our premier, feature-rich, off-the-shelf payment application for our Optimum products. The software will easily migrate to our next generation products, has an electronic cash register interface for use by an array of customers, speeds up transactions and bolsters card payment security."