Hypercom Corporation Annual Report - CiteSeer
Hypercom Corporation Annual Report - CiteSeer
Hypercom Corporation Annual Report - CiteSeer
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vii.<br />
SmartpaymentS wynid Server-baSed payment SoLution<br />
In February 2010, we announced that Carrefour, the largest<br />
retailer in Europe and second largest worldwide, will deploy<br />
<strong>Hypercom</strong>’s Wynid ® server-based payment solution and more<br />
than 12,000 PIN Pads with EMV contactless readers at 210 of<br />
its French hypermarkets, as well as at all of Carrefour’s petrol<br />
stations in France.<br />
The multi-million dollar agreement is believed to represent<br />
one of the world’s largest deployments of EMV contactless<br />
readers and represents a significant expansion to <strong>Hypercom</strong>’s<br />
existing business with Carrefour. The giant retailer already<br />
uses <strong>Hypercom</strong>’s Wynid secure payment solution at 15,000<br />
cash registers in its Market, City and Contact stores.<br />
In March 2010, we announced that the Monoprix Group,<br />
one of the largest city center retailers in France, is now using<br />
<strong>Hypercom</strong>’s Wynid ® secure payment server to manage and<br />
process all card transactions from more than 300 of its<br />
retail outlets. The leading retailer has deployed <strong>Hypercom</strong><br />
contactless-enabled PIN pads and mobile GPRS payment<br />
terminals to process IP transactions throughout its network of<br />
stores. Under the terms of the multi-year agreement, <strong>Hypercom</strong><br />
is providing complete hosting and data management services<br />
for the Monoprix supermarket chain as part of a fully managed<br />
secure payment service.<br />
hyperCom <strong>Corporation</strong><br />
SmartPayments Wynid<br />
Server-based Payment Solution<br />
“More and more large retailers are turning to <strong>Hypercom</strong><br />
to simplify the maintenance and support of their payment<br />
transactions. Monoprix’s adoption of our innovative, stateof-the-art<br />
payment technology is a splendid endorsement<br />
of the Wynid solution and represents a boost to our market<br />
share in the growing European multi-lane retail sector,” said<br />
Kazem Aminaee, President and Managing Director, <strong>Hypercom</strong><br />
Southern EMEA.<br />
With the Wynid solution, consumers are ensured a secure<br />
and seamless payment process, using magnetic stripe, chip<br />
or contactless cards. Major retailers like Monoprix benefit<br />
from the ease and efficiency of the centralized transaction<br />
routing system, which enables them to proactively manage<br />
card transactions from all their points of sale, across a<br />
network of many different stores. The Wynid solution provides<br />
highly reliable network access and unmatched speed for all<br />
transaction types.<br />
<strong>Hypercom</strong> is a leading supplier of integrated payment solutions<br />
for the retail, petroleum, ticketing and parking sectors, with<br />
more than 120,000 points of sale using its Wynid payment<br />
system.