Indias ICICI Bank Purchases Hypercom Card Payment Terminals

Tuesday 19 April 2005 16:18 CET | News

ICICI Bank, the second largest financial institution in India had purchased 5,000 T7Plus EMV-certified credit/debit card payment terminals.

The terminals and associated software will be rolled out to retail merchants throughout the country over the next two months, equipping them with compact countertop units distinguished by their reliability, fast input functions and high-speed printing. Hypercoms T7Plus terminals are the newest generation of the companys 3-million-selling T7 series of point-of-sale devices. The T7Plus model accepts all magnetic stripe and EMV cards, delivers fast authorization of online transactions, and includes 19- or 35-key keyboards with One-Touch shortcut keys that provide quick access to all daily function and transaction types. These shortcuts speed transactions by eliminating the need for retail personnel to hunt through extended menus or input hard-to-remember key sequences. The units integrated printer generates receipts at twice the speed of traditional point-of-transaction printers, operates virtually jam-free, and supports longer paper rolls to reduce paper changes. These and other features save time, minimize help desk calls, and lower the total cost of ownership for the retail merchant.

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

Payments & Commerce