Mexico Banking Leader BBVA Bancomer Orders 10,000+ Hypercom Optimum Payment Systems
14 Giugno 2011 - 3:28PM
Business Wire
Hypercom Corporation (NYSE: HYC) today announced that
Mexico’s largest bank, BBVA Bancomer, has selected and will deploy
more than 10,000 Optimum M4230 mobile payment systems to its
merchant customers. Hypercom’s M4230 replaces an incumbent
provider’s product and was selected in head-to-head competition
with other global payment providers. Financial terms were not
disclosed.
“BBVA Bancomer’s selection of Hypercom’s high security
electronic payment systems reinforces our already significant
footprint, is a major endorsement by the premier bank in Mexico and
represents a very important win in the MCCA region this year,” said
Samia Bounaira, Vice President and Managing Director, Mexico,
Caribbean and Central America (MCCA), Hypercom Corporation.
For additional information on Hypercom’s mobile payment systems,
please click here.
About BBVA Bancomer
BBVA Bancomer, the largest financial institution in Mexico, is
an affiliate of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA),
a global financial group based in Spain that offers individual and
corporate customers the most complete range of financial and
non-financial products and services. BBVA employs 104,000 people in
over 30 countries around the world, has more than 47 million
customers and 900,000 shareholders. For more information on BBVA,
please visit their website at http://www.bbva.com.
About Hypercom
Global payment technology leader Hypercom Corporation delivers a
full suite of high security, end-to-end electronic payment
products, software solutions 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, petroleum, healthcare, prepaid, self-service and
many other markets. Hypercom solutions enable businesses in more
than 100 countries to securely expand their revenues and profits.
Hypercom is a founding member of the Secure POS Vendor Alliance
(SPVA) and is the second largest provider of electronic payment
solutions and services in Western Europe and third largest provider
globally.
Hypercom and Optimum and Design are registered 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.
This press release includes statements that may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements
regarding market acceptance of new products, product capability and
performance, product competitiveness, product sales, revenues and
profits and market share. 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; market acceptance of new
products and services; compliance with industry standards,
certifications and government regulations; the performance of
suppliers, contract manufacturers and subcontractors; risks
associated with international operations and foreign currency
fluctuations, the state of the U.S. and global economies in
general, risks associated with the Company being merged with and
into VeriFone Systems, Inc. as contemplated by a definitive merger
agreement between the companies, and other risks detailed in our
filings with the Securities and Exchange Commission, including the
Company's most recent 10-K, as amended, 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
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