[03/18/09]
Hypercom Corporation announced that GBC (GIRO Bankk?rtya Zrt), the leading provider of payment and processing systems in Hungary and a subsidiary of SIA-SSB, has selected Hypercom's Optimum T4200 card payment terminals to expand electronic payments in Hungary and other Central and Eastern European countries including Romania , Croatia , Slovenia , Slovakia and the Czech Republic .
"GBC's complete range of services together with Hypercom's Optimum payment terminals and our experience in supporting merchants and acquirers by making it easier for their customers to pay, enables us to provide a robust and reliable payment infrastructure with distinct benefits to acquirers and merchants who will now be able to concentrate on their respective core activities," said Fabrizio Canedoli, CEO of GBC.
"We are focused squarely on capturing market share in high growth geographies and we are doing it with premier companies like GBC and an exceptional range of high security products and services," said Kazem Aminaee , Managing Director, Southern Europe, Hypercom Corporation. "GBC's selection of Hypercom and their intent to expand throughout Central and Eastern Europe is directly in line with our strategy, and it will strengthen our ability to more quickly deliver the very best solutions to these important markets."
Hypercom's high security Optimum T4200 product family consists of six powerful, multi-application devices that share the same platform, user interface and software toolkit to maximize efficiency, application portability and offer customers a broad range of options to serve any market. For additional information, please visit: http://www.hypercom.com/products/.
About GBC (www.gbc.hu)
GBC (SIA-SSB Group) is the leading provider of payment and processing systems in Hungary , offering multibank services for bankcard issuing and acquirer banks, savings co-operatives, health care funds, electronic voucher issuers and other enterprises. Currently managing a network of 1,550 ATM terminals and 17,000 point of sale terminals, and performing authorization services for 2 million bankcards, GBC processes approximately 96 million transactions annually.
About SIA-SSB (www.siassb.eu)
SIA-SSB, European leader in Information & Communication Technology, provides services and solutions to the international financial community in the areas of credit and debit card processing, payment systems, capital markets and network services for connectivity and messaging.
Created from the merger between SIA (Societ? Interbancaria per l'Automazione) and SSB (Societ? per i Servizi Bancari), SIA-SSB Group currently operates in 27 countries and has subsidiaries in Belgium , Hungary and South Africa . With 6.4 billion transactions annually - relating to cards, collections and payments - over 60 million cards managed and 73 million deals processed on financial markets, SIA-SSB carries more than 10 thousand billion bytes of data on the network. SIA-SSB Group is made up of seven companies: the parent company SIA-SSB, the Italian subsidiaries Kedrios (back-office and reporting services), RA Computer (solutions and applications for banks, businesses and P.A.) and TSP (systems and services for companies and P.A.), SiNSYS (card processing) in Belgium, Perago (infrastructures for central banks) in Switzerland and South Africa and GBC (card processing and ATM/POS terminal management) in Hungary.
About Hypercom (www.hypercom.com)
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, petroleum, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. With its acquisition of Thales e-Transactions business in 2008, Hypercom became the second largest provider of electronic payment solutions and services in Western Europe , and solidified its position as the third largest provider globally.
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