ContactlessNews | Hypercom changes name to Equinox Payments

Monday, October 3, 2011

Hypercom USA, a payment terminal manufacturer and secure software developer, has announced that it has formally changed its corporate name to Equinox Payments LLC.

In addition to selling new products under the Equinox brand, the company will continue to manufacture, sell and support all payment terminals and peripherals previously offered in the U.S. by Hypercom, including the T4200 countertop, M4200 mobile and L5000 customer-activated product families, as well as all software, terminal management systems and other services related to these products.

Equinox says they will also offer the L4200 and L5000 payment terminal series to U.S.-based large retail customers for international applications.

Former Hypercom product names will remain unchanged, but will be branded Equinox or co-branded Equinox and Hypercom. Equinox says they will maintain the Hypercom brand for an extended period of time to reinforce Equinox’s continued support of Hypercom-branded products and services.

“Equinox payment terminals sit at the intersection between the physical store and the virtual world of payment processing where our products achieve a balance between robust devices and secure applications,” said Equinox President Clint Jones. “The name Equinox embodies our strategic vision for the company: industry-leading hardware complemented with industry-leading software.”

Identive's tomPAY sticker turns any mobile phone into a contactless payment device

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Based on Identive’s tom (tag on metal) smart inlay technology, tomPAY is manufactured using the same processes as an ISO PVC card. When placed on a phone, tomPAY enables contactless mobile payments in compliance with MasterCard PayPass specifications, as well as loyalty, transport ticketing and other m-commerce services.

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OTI to deliver 30,000 NFC readers in the U.S.

On Track Innovations (OTI) has received an order for 30,000 of its NFC and contactless payment readers for deployment in the U.S.

OTI did not reveal who will receive the readers, but assured that the devices would be used to support the migration towards contactless payments and NFC in the U.S.

Report: POS terminals on the cusp of change

The point-of-sale terminal has entered a period of dramatic change, according to the latest report release by the Mercator Advisory Group. And the next few years in the industry promise to be a period of even greater change and development than the last.

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