Hypercom’s Wymix PIN Pad Achieves Visa payWave Certification
Contactless PIN Pad Deployed with Major French Retailers
PARIS, Cartes & IDentification 2009, Hypercom Corporation (NYSE: HYC) today announced that its Wymix® PIN Pad has received Visa® payWave certification. The Wymix with built-in contactless antenna can be used to process payments made by contactless cards as well as NFC-enabled mobile handsets. The contactless Wymix PIN Pad is deployed with major French retailers.
Contactless payments provide key benefits to retailers and consumers in high transaction volume environments where speed is of the essence, including hypermarkets, quick-service restaurants and gas stations. The processing time for contactless transactions is considerably shorter than for contact card transactions, and the added convenience and efficiency this provides is beneficial to both cardholders and merchants. Additionally, the speed provided by contactless technology is projected to help drive the increased use of loyalty and other value-add applications.
Interest in contactless cards and mobile payment programs is increasing in many European countries and various pilots are in progress throughout the region, organized by banks, mobile phone and public transport operators. In France, several major retailers have chosen to upgrade their systems using the Wymix PIN pad in preparation for the upcoming roll out of contactless cards and NFC mobile payment pilots.
“Many of the top retailers in Europe are committed to deploying the most innovative and cost effective electronic transaction solutions in their stores. The speed, security and convenience of contactless payments coupled with Hypercom’s Wynid® Server and Wymix PIN Pad offer the retailer the state of the art in card payment solutions and their customers faster check-out times and an improved payment experience,” said Kazem Aminaee, Managing Director, Southern EMEA, Hypercom Corporation.
Hypercom’s Wymix has already received several other international certifications including MasterCard PayPass®, PCI PED, and EMV Level 1 & 2. For information on Hypercom’s Wymix PIN Pad visit http://www.hypercom.com/products/wymix.asp.
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