BBVA orders 10,000 Hypercom terminals

Source: Hypercom

Hypercom Corporation (NYSE: HYC) today announced that Mexico's largest bank, BBVA Bancomer, has selected and will deploy more than 10,000 Optimum M4230 mobile payment systems to its merchant customers.

Hypercom's M4230 replaces an incumbent provider's product and was selected in head-to-head competition with other global payment providers. Financial terms were not disclosed.

"BBVA Bancomer's selection of Hypercom's high security electronic payment systems reinforces our already significant footprint, is a major endorsement by the premier bank in Mexico and represents a very important win in the MCCA region this year," said Samia Bounaira, Vice President and Managing Director, Mexico, Caribbean and Central America (MCCA), Hypercom Corporation.

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