News
Hypercom Hosts Central Payment Server for 300+ Monoprix Stores in France
Hypercom Corporation (NYSE:HYC) today announced that the Monoprix Group, one of the largest city center retailers in France, is now using Hypercom’s Wynid® secure payment server to manage and process all card transactions from more than 300 of its retail outlets. The leading retailer has deployed Hypercom contactless-enabled PIN pads and mobile GPRS payment terminals to process IP transactions throughout its network of stores. Under the terms of the multi-year agreement, Hypercom is providing complete hosting and data management services for the Monoprix supermarket chain as part of a fully managed secure payment service.
“More and more large retailers are turning to Hypercom to simplify the maintenance and support of their payment transactions. Monoprix’s adoption of our innovative, state-of-the-art payment technology is a splendid endorsement of the Wynid solution and represents a boost to our market share in the growing European multi-lane retail sector”
“We selected Hypercom because we wanted to optimize the speed and reliability of our card transactions with a solution that can easily handle future requirements. The comprehensive Wynid solution, which combines powerful security with simplicity and ease of use, allows us to streamline our operations and provide optimal service to our customers,” said Benoit Fremaux, Chief Information Officer, Monoprix.
“More and more large retailers are turning to Hypercom to simplify the maintenance and support of their payment transactions. Monoprix’s adoption of our innovative, state-of-the-art payment technology is a splendid endorsement of the Wynid solution and represents a boost to our market share in the growing European multi-lane retail sector,” said Kazem Aminaee, President and Managing Director, Hypercom Southern EMEA.
With the Wynid solution, consumers are ensured a secure and seamless payment process, using magnetic stripe, chip or contactless cards. Major retailers like Monoprix benefit from the ease and efficiency of the centralized transaction routing system, which enables them to proactively manage card transactions from all their points of sale, across a network of many different stores. The Wynid solution provides highly reliable network access and unmatched speed for all transaction types.
Hypercom is a leading supplier of integrated payment solutions for the retail, petroleum, ticketing and parking sectors, with more than 120,000 points of sale using its Wynid payment system.
Additional product resources: http://www.hypercom.com/products/Wynid.asp
About Hypercom (www.hypercom.com)
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 Wynid 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.