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Chinas Top 4 Banks Officially Select & Designate Hypercom

Wednesday 3 December 2003 15:55 CET | News

Hypercom has announced that the four largest and most influential banks in China and the nations largest unified domestic payment network have all officially selected Hypercom as preferred card payment technology provider.The designation marks the first time in electronic payment industry history that the top four banks in the worlds largest nation have officially named the same payment technology company as the preferred card payment provider for software, hardware and related technology. The selection also marks another global electronic payment technology industry benchmark. The prestigious designation by the Industrial & Commercial Bank of China (ICBC), the Bank of China (BOC), China Construction Bank (CCB), the Agricultural Bank of China (ABC) and domestic payment network China UnionPay (CUP) marks the latest win for Hypercom in the worlds largest nation and another validation of the increasing global demand for the companys complete, revenue-generating card payment terminal, software, network and server solutions that help customers increase their profits. The coveted designation by Chinas largest and most influential banks demonstrates and reinforces the escalating global demand for Hypercoms smart, fast and secure electronic payment and transaction technologies and solutions. Within the last few weeks alone, I-Med Red Medica in Chile selected Hypercoms technology to help centralize and enhance its new ISAPRES biometric reading and payment activities. The First National Bank of South Africa selected Hypercoms advanced networking and card payment technology to deliver the fastest, most secure and cost-effective transaction technology to merchants in that country. And thats just the beginning.

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Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce