Hypercom

Hypercom Corporation announced that Avant-Garde Marketing Solutions has selected its Optimum M4230 multi-application mobile payment terminal and Mobile Network service. Avant-Garde also will be marketing these solutions to its thousands of merchant customers nationwide.

Avant-Garde will be marketing the M4230 mobile terminal along with Hypercom’s Mobile Network as an affordable bundled solution that increases businesses’ revenue by enabling them to extend their payment acceptance reach beyond fixed locations.

A civil antitrust lawsuit was filed by the Justice Department against the acquisition by VeriFone Systems Inc. of Hypercom Corp. In the official statement the DOJ said that the deal would substantially trim the competition in the market of point-of-sale terminals in America which in turn would result in higher prices and lame innovation.

While Hypercom and VeriFone proposed their plan to fix the antitrust concerns it failed to adequately resolve those concerns, says the Department.

Fifth Third Processing Solutions, a provider of full-service payment solutions, launched new security solution to protect merchants against data breach. The company announced support for Hypercom Corporation's payment software with Voltage Security's point-to-point data encryption.

The combined security solutions help retailers and restaurants reduce the risk of data breaches by encrypting card data in the terminal and rendering it unusable until it is received and processed by Fifth Third Processing Solutions.

Hypercom Corporation announced the completion of the full EMV certification of all of its Artema Modular self-service payment systems and Artema Compact countertop terminals across 49 Dubai Metro stations. The system will speed ticketing for 4 million passengers per month. Now travelers in Dubai’s urban railway network will be able to make payments using their chip and PIN cards.

First Data has granted its approval to electronic payment and digital transactions solutions provider Hypercom Corporation as an encrypting service organization for remote key injection. Now Hypercom’s HyperSafe® Remote Key System will be available through First Data’s TASQ Technology.

Besides, Hypercom is teaming with First Data to implement the First Data® TransArmorSM solution as a significant advance in the payment industry’s attack on card data fraud.

Hypercom Corporation reports that its Wymix® PIN Pad has been granted Visa® payWave certification. The Wymix solution that is equipped with built-in contactless antenna can process payments made by contactless cards as well as NFC-enabled mobile handsets. The contactless Wymix PIN Pad is deployed with major French retailers. 

 Hypercom Corporation, a global payment technology leader, today announced key initiatives to step up the payment card industry’s ability to attack payment card data fraud. Teaming with Voltage Security, Inc. the Company is bringing its Asia-Pacific-based EFTSec Server™ payment data encryption technology to North America, Latin America and Europe to deliver highly innovative and scalable cryptographic technology, and forming a global data protection business unit to address customer-specific security threats with five key approaches to data security.

Hypercom Corporation today stated in the announcement that Chase Paymentech, a leading merchant acquirer and payment processor, has Class A certified Hypercom’s PCI PED-approved 32-bit Optimum T4205 card payment terminal. Soon the device will be available to Chase Paymentech’s strategic partners for sale to the U.S. retail and restaurant markets.

Hypercom, Ingenico and VeriFone, three payment industry participants, announced today about the formation of the Secure POS Vendor Alliance, a non-profit business organization chartered with implementing common payment security standards among vendors of secure point-of-sale (POS) devices used by retailers, acquirers and cardholders alike.