Elavon Class A Certifies Hypercom Optimum T4205
SCOTTSDALE, Ariz.– Hypercom Corporation (NYSE: HYC) announced today that Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE:USB), 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.
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