Hypercom Corporation (NYSE:HYC) announced today the immediate availability of the new P1300 PIN Pad, the first handheld PIN entry device to meet the rigorous new PCI (Payment Card Industry) security standards established by Visa International and MasterCard International to protect consumers at the point-of-sale.
The compact, low-cost device easily integrates with all Hypercom card payment terminals and leading electronic cash register systems, allowing retailers to quickly take advantage of the increase in PIN-based card transactions.
"The P1300 enables merchants worldwide to offer the highest payment protection and safety to customers when they key in their PIN numbers at the point-of-transaction," said Guilherme Blumenthal, Executive Vice President, Sales & Operations, Hypercom Corporation. "It delivers low-cost, reliable PIN entry for consumers using debit cards, Electronic Benefit Transfer (EBT) and other PIN-based forms of payment while meeting the newest requirements to safeguard sensitive data."
Key features of the P1300 include:
- Stringent security, including PCI PED certification, Triple DES encryption, DUKPT (Derived Unique Key Per Transaction) key management and MAC (Message Authentication Code).
- Tamper-proof construction with intrusion detection to safeguard the device from external attacks.
- Small, flexible ergonomic design that fits comfortably in the customer's hand and allows twist and turn motion for enhanced privacy.
- Large, hard-rubber keys with color-coded Cancel, Clear and Entry keys that minimize finger slips and other customer errors, and are water and splash-resistant.
- Alphanumeric LCD screen with two-line high-contrast display shows up to 16 characters per line for clear and concise user prompting.
- Multiple connectivity options with support for RS-422, RS-232 and USB that allow easy integration with all Hypercom credit/debit terminals and electronic cash registers.
- Fully compatible with all Hypercom card terminals and compatible with the company's Key Loading and Management (HKLM) system.
"As the first handheld PIN device to earn PCI certification, the P1300 demonstrates Hypercom's commitment to delivering innovative, business-driven and high security payment technologies to the retail community," said Roger Swales, Senior Vice President, Global Acceptance and Operations, Visa International. "The deployment and use of PCI certified devices benefits retailers and consumers worldwide by reducing the likelihood of fraud at the point-of-sale."