Hypercom Corporation (NYSE: HYC) announced immediate availability of its mobile payment terminal, the OptimumTM M2100 within E.M.E.A. This latest release in the Optimum range provides users with mobility, taking away the traditional requirement for a fixed line countertop terminal.
The M2100 uses wireless GPS or GPRS communications to transact payments for mobile businesses such as pizza delivery, sporting events, market traders, shopping kiosks and taxis. GPRS is an extension of GSM, commonly used as a wireless communications for data. The charges for a GPRS service are based on the amount of data sent, rather than the more traditional method based on connection time.
A Bluetooth variant is also available for accepting payments in cafs , restaurants and within other hospitality applications where a handheld payment terminal allows diners to pay at their table.
The M2100 incorporates a base station which recharges the long-life batteries, capable of providing power for more than 100 transactions between charges. Developed in consultation with disability specialists, the M2100 guides users through magnetic stripe and chip card transactions with clear, concise prompts and a simplified keypad layout.
Specific features which make the M2100 a world class-leading product include:
Range of communication types including GSM, GPRS & Bluetooth
Robust to withstand indoor and outdoor use
Long-life battery which delivers more than 100 payment transactions
32-bit RISC processor and 12 megabytes of memory for fast transaction times
Certified to global standards including EMV Level 1, EMV Level 2 and VISA PED approved
Drop-in loading, thermal paper technology
Stringent security achieving EMV 4.0 certification with secure casing, Visa PED certified, Triple DES and RSA cryptographic support to deliver the tightest security and durability
Compliance with British Disability Discrimination Act.
The Optimum M2100 is an important addition to the mobile POS space that combines the well-known reliability of Hypercom equipment with a broad feature set that meets the technology and functionality requirements of users in any retail environment needing wireless payment capabilities, said Emilian Elefteratos, Senior Vice President, International Sales, Hypercom Corporation. It gives merchants and service providers a fast, flexible, secure and easy-to-use wireless point-of-interaction device with which to grow their business.