Hypercom recently announced that Cielo S.A. (formerly Visanet Brasil), has selected, purchased and is deploying 30,000 Hypercom Optimum T4205 countertop terminals to merchants throughout Brazil .
The multi-million dollar rollout is believed to represent one of the largest in the country, and represents a significant expansion of Hypercom's high security product portfolio in Brazil . The rollout is expected to be completed by the end of this month.
"Cielo S.A is one of the largest electronic payment networks in Latin America and one of the five largest in the world. Their selection of Hypercom significantly expands our footprint in Brazil and speaks to the quality of our company and products," said Reinaldo Assis , Managing Director, South America, Hypercom Corporation.
About Hypercom (www.hypercom.com)
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions 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, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.