Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Bank Central Asia Selects Hypercom ePic ICE Card Payment Terminals for its Merchant Base.


Business Editors/High-Tech Writers

HONG KONG Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  & PHOENIX--(BUSINESS WIRE)--Nov. 29, 2000

Hypercom Corporation (NYSE NYSE

See: New York Stock Exchange
:HYC HYC Houston Yacht Club (Texas) ) -- Bank Central Asia Bank Central Asia (BCA) is an Indonesian bank founded on August 10 1955.

The Asian monetary crisis in 1997 had a tremendous impact on Indonesia’s entire banking system. In particular, it affected BCA’s cash flow and even threatened its survival.
 has selected and will deploy 10,000 Hypercom(R) ePic ICE 5000 and ICE 5500 Internet-enabled card payment terminals to retailers, hotels and airlines throughout Indonesia. Bank of Central Asia (BCA BCA Business Case Analysis
BCA Building Code of Australia
BCA Boeing Commercial Airplanes
BCA Board of Contract Appeals
BCA Boston Center for the Arts
BCA Billiard Congress of America
BCA Bureau of Criminal Apprehension
BCA Breast Cancer Action
) is the largest acquiring bank in Indonesia. The initial deployment of 5,000 ICE(TM) terminals is expected to be completed by the end of this year.

"Hypercom has a first class reputation worldwide, and the technically-advanced ICE terminals will allow us to launch and deliver new value-added, revenue-generating services to our merchant base," said Darius Wanardi, General Manager, Bank of Central Asia.

"Bank Central Asia is very highly respected, and we are honored this leading financial institution has selected Hypercom and the ICE terminal platforms for its retail merchant customers," said Jeremy Su, President, Hypercom Asia-Pacific.

Hypercom's ePic (ePOS-infocommerce(TM)) ICE devices are high performance, touch screen-based, Internet-enabled card payment terminals and web appliances that incorporate a firewall multi-application operating system, EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility)
EMV EuroPay, MasterCard, Visa (Smart debit cards)
EMV Europay, Mastercard and Visa
EMV Eftermiddagsverksamhet
 chip card capability, secure PIN pad, built-in HTML/HTTP web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you.  and integrated receipt printer. In addition to the embedded applications, Hypercom's ePic ICE terminals support a range of value-added applications and services including: electronic signature and receipt capture, e-mail, on-screen on·screen or on-screen  
adj. & adv.
1. As shown on a movie, television, or display screen.

2. Within public view; in public.
 advertising, interactive electronic coupons, user e-commerce function and cash management reporting through a standard browser -- as well as secure credit, debit and smart card functions.

BCA is one of Indonesia's largest private banks, with total assets of Rp 96.5 trillion as of the end of 1999. BCA's asset base represents 33% of private national bank assets and 12% of all bank assets.

BCA offers a broad range of deposit-taking and lending instruments, as well as a host of payment processing services for telecommunications, utilities and education-related bills through its ATM and debit cards. These services are supported by more than 25,000 merchants and serve well over 8 million customers. Such extensive product offerings and customer base have positioned BCA as a recognized leader among private national banks in Indonesia.

Hypercom Corporation (NYSE:HYC) is a leading global provider of electronic payment solutions that add value at the point-of-sale for consumers, merchants and acquirers. Hypercom's products include secure card payment terminals and web appliances, networking equipment and software applications for e-commerce, m-commerce, smart cards and traditional payment applications.

Headquartered in Phoenix, Arizona, Hypercom maintains an installed base of more than 3.5 million card payment terminals which operate in over 100 countries and conduct more than 2.5 billion transactions annually.

Note to Editors: Hypercom is a registered trademark of Hypercom Corporation. ICE and ePOS-infocommerce are 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.

Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Although management of Hypercom believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
; market acceptance of new products and other risks detailed from time to time in Hypercom's SEC reports, including the company's most recent Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and subsequent 10Qs.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 29, 2000
Words:586
Previous Article:Rare Medium Expected to Provide Additional Venture Backing and Signature Start-up Services to Same-Day Delivery Leader -- NextJet, Inc.
Next Article:BRM Group Leads a $7.5 Million Investment Round in Percite; Funds to Advance United States and Far East Operations for Developer of e-Logistics...
Topics:



Related Articles
Universal Payment Processing is First to Deploy Hypercom ePic ICE 5500 Payment Terminals; User Friendly Interface Bolsters Value Added Products to...
Hypercom Features ePic -- an Internet Enabled Point-of-Sale Information and E-commerce Platform -- at Cards Asia 2000.
Emergence of Internet-Enabled Terminals Creates Unprecedented Opportunities at the Point-of-Sale; Hypercom's Jairo E. Gonzalez Addresses Cards Asia...
PRC Central Bank Certifies Hypercom Solutions for National Banking IC Card POS Specification.
Blackstone Online Selects Hypercom ePic ICE Card Payment Terminals as Platform for New POS Prepaid Services Activation Program.
Thailand's Top Three Banks Select Hypercom Internet-Enabled ePic ICE 5500 Card Payment Appliances.
More Than 20 of Asia's Leading Banks Select Hypercom's epic ICE Card Payment Terminals.
[0] More Than 20 of Asia's Leading Banks Select Hypercom's epic ICE Card Payment Terminals.
HYPERCOM AND IDLOGIX INTRO TOUCH SCREEN AGE VERIFICATION CAPABILITY AT THE POINT-OF-SALE.
Hypercom Corp. to Present at CIBC World Markets Annual ``Communications Food Chain'' Conference.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles