Hypercom Introduces High Security PIN Pad for Multiple Terminal Brands.PCI (1) (Payment Card Industry) See PCI DSS. (2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). PED n. 1. A basket; a hammer; a pannier. Approved PV1310 Enables Rapid PIN Rollout at Low Cost with Vendor Agnostic Architecture PHOENIX -- Hypercom Corporation (NYSE NYSE See: New York Stock Exchange : HYC HYC Houston Yacht Club (Texas) ) today introduced a new version of its PCI PED certified P1300 PIN Pad. The new PV1310 handheld PIN entry device features a vendor-agnostic architecture that enables easy integration with non-Hypercom card payment terminals. The compact, low-cost Hypercom PV1310 enables retailers to quickly add high security PCI certified PIN-based payments to their legacy systems without upgrading their entire terminal infrastructure. Key features include: * Stringent high security including PCI PED, Triple DES See DES. (cryptography) triple DES - A product cipher which, like DES, operates on 64-bit data blocks. There are several forms, each of which uses the DES cipher 3 times. Some forms use two 56-bit keys, some use three. The DES "modes of operation" may also be used with triple-DES. encryption, DUKPT DUKPT Derived Unique Key Per Transaction (Derived Unique Key Per Transaction In cryptography, Derived Unique Key Per Transaction (DUKPT) is a key management scheme in which for every transaction, a unique key is used which is derived from a fixed key. ) key. * Tamper-proof construction with intrusion detection See IDS and IPS. to safeguard the device from external attacks. * Small, flexible ergonomic design that fits comfortably in the customer's hand. * Large hard-rubber keys with color-coded Cancel, Clear and Entry keys. * Alphanumeric LCD screen with two-line high-contrast display providing up to 16 characters per line for clear and concise user prompting. "The PV1310 allows merchants to offer the highest security payment protection and safety to customers when they enter their PIN numbers at the point-of-transaction," said Russ Dhooge, Vice President, Unattended Payment Solutions, Hypercom Corporation. "This product delivers low-cost, reliable and vendor-agnostic PIN entry capabilities for consumers using debit cards, Electronic Benefit Transfer (EBT EBT See: Earnings Before Taxes ) and other PIN-based forms of payment while meeting high security requirements to safeguard sensitive data." The Hypercom PV1310 is expected to be available for volume shipments starting in September 2007. Access to the PCI PED site and related documents can be found at: http://partnernetwork.visa.com/dv/pin/pedapprovallist.jsp?mfgname=H. A photo of the PV1310 can be found at: http://www.hypercom.com/library/PINPad/PV1310/photos/PV1310_InHand.jpg About Hypercom (www.hypercom.com) Global payment technology leader Hypercom Corporation 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, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a registered 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 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, including statements regarding market acceptance of new products, product capability, compatibility, security 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 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 services; compliance with industry standards, certifications, government regulations and intellectual property laws; the performance of suppliers and subcontractors; risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. 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 and 8-Ks. 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. HYCP |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion