Hypercom's Optimum 4200 Countertop and Mobile Products Achieve PCI PTS 2.1 Security Approval
Last Update: 6/15/2010 9:28:00 AM
Hypercom's Optimum 4200 Countertop and Mobile Products Achieve PCI PTS 2.1 Security Approval
SCOTTSDALE, Ariz., Jun 15, 2010 (BUSINESS WIRE) -- High security electronic and digital transactions solutions provider Hypercom Corporation (HYC) today announced that both its Optimum T4200-2.0 countertop and M4200-2.0 mobile product lines have achieved PCI PTS 2.1 certification, the payment security standard formerly called PCI PED. Hypercom's countertop and mobile terminal product family is the first among the top three electronic payment providers to achieve this rigorous security standard.
The certification covers the Company's fixed countertop and mobile payment terminals sold in markets throughout Europe, including the Optimum T4210-2.0 (dial), T4220-2.0 (Ethernet with dial), T4230-2.0 (GPRS with dial) countertop and M4230-2.0 GPRS and M4240-2.0 Bluetooth mobile card payment terminals. These products include additional features such as USB host and client, SD (Secure Digital) card reader, extra serial ports and space-saving ergonomics.
Each Optimum terminal also incorporates Hypercom's full X509 PKI (public key infrastructure) HyperSafe(R) Secure security layer to protect the terminal and applications from hacking and malware attacks. Protecting the operational procedures and maintenance of payment terminals is just as important as protecting cardholder data. Hypercom's HyperSafe suite of security products defends terminals from rogue applications and malware, protects the terminal management system from communicating with fraudulent terminals and provides the industry's only remote key management system. The key benefit for banks, processors and large retailers: protects their investment in the point of sale estate, reduces the potential for fraudulent use of terminals and ensures the secure transport of cryptographic keys.
In meeting the latest PIN entry device security requirements set for newly introduced products by the Payment Card Industry Security Standards Council (PCI SSC), Hypercom's popular Optimum 4200 products are in compliance for sales until 2017.
"Hypercom continues to achieve the security benchmarks that its competitors seek to attain," said T.K. Cheung, Vice President, Global Quality and Security, Hypercom Corporation. "No competitor has a better security lineup than Hypercom, and we are committed to delivering business solutions that enable millions of businesses and consumers to safely conduct electronic transactions each and every day."
Hypercom's leadership in payment security is recognized globally. The company is a founding member of the Secure POS Vendor Alliance (SPVA), and was the first to introduce an industry standards-based remote key injection product, and the first electronic payment solutions provider to implement end-to-end card data encryption.
About Hypercom
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.
Hypercom, HyperSafe and Optimum and Design are registered trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues, profits and market share. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of distributors, suppliers, contract manufacturers and subcontractors; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP
SOURCE: Hypercom Corporation
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