TransFirst®, a leading provider of secure transaction processing services and payment enabling technologies, and Equinox Payments, LLC, a leading payment terminal and secure applications provider and portfolio company of The Gores Group, LLC, today announced that TransFirst has completed Class A certification and will market Equinox's high security M4230 mobile payment terminal to TransFirst's more than 170,000 merchant and financial institution customers throughout the United States.
"Equinox Payments, the new name for Hypercom USA, has a 30-year track record of industry firsts in secure payment technologies," said Craig Tieken, director of product for TransFirst. "We are delighted to continue our relationship with this new company and look forward to providing our merchants with a mobile product that will give them the flexibility they require to grow their businesses."
"Equinox's payment terminals and secure applications are designed to offer merchants reliable, secure payment acceptance and value-added applications," said Chris Dismukes, vice president, Financial Solutions. "The wireless M4230 takes our offering mobile, letting merchants accept payments wherever their businesses may take them. TransFirst's Class A certification is an endorsement of our new company that enhances Equinox's ability to gain market share in the growing mobile sector."
The high-performance, PCI PED-approved M4230 features long-range GPRS with dial back-up, rigorous security, 32-bit multi-application processing and 24MB of memory that is two to three times larger than similar products to value-added merchant, processor and third-party applications.