Hypercom Corporation announced that Chase Paymentech, the world's largest merchant acquirer, will immediately provide full merchant and ISO support for Hypercom's new PCI PED approved, 32-bit multi-application Optimum T4210 (dial) and T4220 (Ethernet with dial backup) electronic payment terminals. The action follows Chase Paymentech's Class A certification of the two new devices.
Hypercom's T4200 platform features the highest security, largest memory and broadest feature set of any countertop device family of its kind. The recently introduced Optimum T4200 platform has also received MasterCard Worldwide Payment Terminal Security approval for IP and wireless transactions. The platform incorporates additional security features such as optional privacy shields, Triple DES DUKPT encryption to protect cardholder PINs, and utilizes HyperSafe32, Hypercom's excusive RSA-based security infrastructure to prevent the introduction of fraudulent applications. The platform is compliant with the European Union's RoHS requirements for hazardous substances.
"We are committed to providing our merchants with secure and reliable processing, innovative payment tools and exceptional transaction security," said Jennifer Stout, Group Executive Retail Products, Chase Paymentech. "The T4200 continues Hypercom's benchmark-setting leadership in high security payment products, and provides an innovative solution to fit any customer's countertop needs."
"Chase Paymentech's rollout of our T4200 series adds to the product's market traction and strongly validates that our advanced security, engineering, features and functions meet an array of merchant needs while ensuring a safe shopping experience for consumers worldwide," said Gregory Boardman, Vice President, Global Product Marketing, Hypercom Corporation.
Hypercom's Optimum T4200 family consists of six 32-bit multi-application terminals with a consistent "look and feel" and 19-key keypad layout. The Chase Paymentech Class A certified terminals include models with dial only and Ethernet/SSL/dial backup connectivity. The new terminals join a full array of high-performance Optimum countertop, multi-lane, wireless and portable terminals that have been adopted by leading banks, retailers and independent sales organizations globally, since Hypercom introduced its first 32-bit Optimum product in 2004.
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services. The company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. (www.hypercom.com)
About Chase Paymentech Solutions
Chase Paymentech Solutions, LLC is a leading global payments firm and the world's largest merchant acquirer, transacting payments in 140 currencies. In 2007, the privately held company processed approximately 19.7 billion payment transactions, with more than $719 billion in annual bankcard and debit volume. Chase Paymentech's customer base reflects the most respected global brands, including 70 percent of leading ecommerce business and almost 600,000 merchants in over 1 million locations worldwide. Chase Paymentech is a joint venture between JPMorgan Chase & Co. and First Data Corp. Learn more at www.chasepaymentech.com.