BANKERS CREDIT CARD SERVICE SWITCHES TO HYPERCOM AS EXCLUSIVE POS TERMINAL PROVIDER; Guaranty Bank Subsidiary Cites Hypercom Quality, Ease of Use, and Fast Transaction Response as Reasons for Switch.PHOENIX--(BUSINESS WIRE)--Aug. 1, 1995--Hypercom, Inc., a leading U.S.-based manufacturer of point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) products and networking systems, today announced that Bankers Credit Card Service (BCCS BCCS Bergen Center for Computational Science (University of Bergen, Norway) BCCS Board of Commissioners of Currency, Singapore BCCS Bare Copper Covered Steel BCCS Butler Cave Conservation Society (Williamsville VA) ) of Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm has selected the Hypercom T7E and T7P POS terminals for exclusive use with their merchant and the State of Oklahoma accounts. BCCS selected Hypercom after six years with its previous POS terminal supplier. "We believe that our retail customers will greatly appreciate the T7E terminal's ease of use," said Shirley Pullin, president of BCCS. "The clearly labeled, color-coded keys are a plus for their employees, who can now execute transactions much more quickly. The T7E screen, which provides prompts for each step, easily guides the merchants through the transactions." "As a leader in retail financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , naturally BCCS would select the technology leader in POS products," stated John Marshall, Hypercom vice president of sales and marketing. "BCCS now has state-of-the-art electronic commerce capabilities to support a wide range of applications." Hypercom's T7E POS terminal offers higher performance and faster response times than any other terminal in its price class. The T7E is equipped with 256 Kbytes of memory, almost three times the standard memory of its closest competitor. As a result, the T7E has enough memory to handle a batch size of more than 400 transactions. The terminal's easy to learn 35-key keyboard allows single-keystroke activation activation /ac·ti·va·tion/ (ak?ti-va´shun) 1. the act or process of rendering active. 2. the transformation of a proenzyme into an active enzyme by the action of a kinase or another enzyme. 3. and simplified data entry. In addition, dial transaction response times are less than 10 seconds, compared with 15 seconds for similar types of terminals. BCCS will also install the T7P POS terminal for the State of Oklahoma in 18 state agencies with 515 locations. The State of Oklahoma will process approximately 50 million in credit card sales volume in 1995. The newest addition to Hypercom's line of high-value, high-performance POS terminals, the T7P with modular printer integrates transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. and receipt printing into one unit. Leveraging Hypercom's existing systems architecture, the T7P provides a complete terminal solution that supports draft capture, debit, check, and proprietary card processing. Both the T7E and T7P come with the industry's only five-year warranty. Bankers Credit Card Service is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. Bank and Trust Co., of Oklahoma City, Oklahoma “OKC” redirects here. For the airport, see Will Rogers World Airport. Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S. . As the Visa and MasterCard issuing and processing center for 84 banks, BCCS serves approximately 3,600 retail customers with yearly deposits in excess of $300 million. Hypercom, Inc., headquartered in Phoenix, is a leading supplier of POS products and networking systems. Hypercom sells its products in 34 countries through 36 global distributors. The company maintains manufacturing facilities in Phoenix and Sydney, Australia. CONTACT: Hypercom, Inc. John Marshall, 602/866-5399 or Bankers Credit Card Service Juli Hixon, 405/943-6212 or Wilson McHenry Company Gayle LeDoux, 415/638-3400 gledoux@wmc.com |
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