Elavon Class A Certifies Hypercom Optimum T4205
Hypercom Corporation announced recently that Elavon, a wholly owned subsidiary of U.S. Bancorp, has Class A certified Hypercom's PCI PED-approved 32-bit Optimum T4205 card payment terminal. The device will be made available to Elavon's direct and third party sales channels in North America.
"The T4205 is a high quality, secure solution that is ideal for merchants interested in upgrading to new technology," said Jon Ziglar, Senior Vice President, Global Product Solutions, Elavon. "The affordable price point is an extra bonus for small business owners, especially in this economy."
"We are bringing sleek and sensible high security payment and digital transaction products to merchant countertops and we are doing it with preeminent payment processors like Elavon," said Bernie Frey, Vice President of North American Sales, Hypercom Corporation. "The T4205 delivers the fastest certification time of any entry level device on the market, which means faster time to market, and faster revenue recognition for acquirers and processors."
The Optimum T4205 features a compact form factor, clear and intuitive keypad, large 24MB memory and high speed processor for fast transactions and multi-application support, all secured by HyperSafe 32, Hypercom's exclusive RSA-based security infrastructure. The terminal is ideal for smaller retailers and restaurants, supports three languages (English, Spanish and French) and can quickly and efficiently process magnetic stripe and contactless debit and credit payments as well as Electronic Benefit Transfer (EBT) and value-added transactions such as gift and loyalty.
The T4205 is the newest member of Hypercom's high security Optimum T4200 product family. That family consists of seven powerful 32-bit 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 need.
For more information on Hypercom's Optimum T4205 please visit https://www.hypercom.com/products/t4205.asp.
About Elavon
Elavon's Global Acquiring Solutions organization is a part of U.S. Bancorp. Elavon provides end-to-end payment processing services to more than one million merchants in the United States, Europe, Canada and Puerto Rico. Solutions include credit and debit card processing, electronic check services, gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring. Elavon's services are marketed through multiple alliance partner channels including financial institutions, trade associations and ISOs. Elavon has solutions to meet the needs of merchants in specialized markets including small business, retail, hospitality/T&E, health care, education and the public sector. Elavon represents the former brands of NOVA Information Systems and its affiliates FHMS and euroConex. For more information, visit www.elavon.com
About Hypercom
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.For more information, visit www.hypercom.com
SOURCE: Hypercom Corporation