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POSDATA Expands Support for ISOs with Hypercom SmartPayments EasyRetail - POSDATA expands ISO support with Hypercom retail product [NYSE: HYC] - Hypercom.com / POSDATA.com
POSDATA Expands Support for ISOs with Hypercom SmartPayments EasyRetail

 

PRZOOM - /newswire/ - Gig Harbor, WA, United States, 2008/09/23 - POSDATA expands ISO support with Hypercom retail product [NYSE: HYC] - Hypercom.com / POSDATA.com.

   
 
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POSDATA announced today that it will market Hypercom Corporation’s SmartPayments EasyRetail product to Independent Sales Organizations, acquirers and value-added resellers providing Tier 1 integrated payment functionality to Tier 3 and 4 merchants.

SmartPayments EasyRetail features Hypercom’s innovative Optimum L4150 and L4250 multi-lane terminals, IP enabled with or without integrated contactless payment and PC-based SmartPayments electronic payment processing software. The product combines in one easy-to-install, “plug and play” package all of the components required for a small retailer to begin conducting and accepting electronic payments within minutes.

The product also provides the ability to support integrated plug-ins for Microsoft’s Retail Management System (RMS) and Intuit’s QuickBooks accounting packages and is Class B certified with many processors. It also comes with free help desk support for the first month, and a competitive annual help desk cost thereafter.

Dick Bloom, senior director, payment terminal sales and service of POSDATA states “This bundled solution is designed to be a perfect fit for the tier 4 retail market that our channel partners specialize in. With POSDATA’s extensive background in working with customers and developers throughout the integrated terminal world, our ISOs will easily grasp the value of a kitted, customer facing, contactless solution for their merchants and will for the first time be able to sell and support a solution that historically was meant only for big box stores. This is a solution whose time has come.”

“The SmartPayments EasyRetail Solution gives smaller merchants the ability to quickly and easily offer their customers the same payment speed, security and convenience at the checkout counter that the many larger, multi-lane retailers deliver today. Adding contactless to this product speeds the checkout line, boosts the merchant’s profit line and adds another layer of security to an already highly secure product,” said Rod Hometh, senior vice president, multilane sales, Hypercom Corporation.

SmartPayments EasyRetail is available now for shipment globally.

About Hypercom

Global payment technology leader Hypercom Corporation (hypercom.com) 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 earlier this year, 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.

About POSDATA

POSDATA (posdata.com), a division of Control Solutions, Inc. is a value-added integrator of a wide range of payment terminal, bar code, data collection, and point of sale equipment from leading manufacturers. POSDATA offers customers complete solutions, including systems consulting, application design, installation and testing, training and maintenance services. POSDATA also provides multi-vendor services on a wide-range of equipment. Service offerings include key injection services, depot repair/refurbishment, advanced logistics, emergency exchanges, asset management, warranty management, staging and deployment and rollouts.

Note: Hypercom and Optimum & Design are registered trademarks and SmartPayments is a trademark 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 and profits. 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 suppliers 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. 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.

 
 
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POSDATA Expands Support for ISOs with Hypercom SmartPayments EasyRetail

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Contact: Dick Bloom - POSDATA.com 
937-604-9472 dick.bloom[.]csi-posdata.com
 
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