Hypercom Corporation introduced the Pinnacle Internet Commerce (iCom) Transaction System to the Asia Pacific market. Pinnacle iCom is a comprehensive family of client/server payment and data transaction software solutions that bring consumers, merchants, financial processors and other institutions together in the virtual world of online transactions. Hypercom(R) is the world’s leading independent single source provider of innovative, high-performance and reliable point-of-sale (POS) terminals, enterprise networking equipment and client/server software for payment processing and data transaction solutions. Pinnacle iCom was launched in August, 1997.
Hypercom’s Pinnacle iCom Transaction System for secure and reliable online business consists of:
Pinnacle iCom Wallet: an electronic wallet that gives consumers simple and convenient online purchasing power. The wallet can carry the logo of banks, financial processors or merchants, which can translate into additional branding and advertising opportunities.
Pinnacle iCom POS: a point-of-sale system that connects merchants to their customers and financial processors for quick, secure, easy payments.
Pinnacle iCom Gateway: a gateway application that connects the merchant to the payment processing system for fast, easy and reliable payment authorization.
Pinnacle iCom CA: a digital certificate application that helps SET(TM) service provides and financial institutions control the certification process.
“Hypercom brings together the robust transaction processing of Pinnacle and secure Internet transactions to provide a powerful combination for the future of transaction processing in Asia Pacific and globally,” said George Wallner, Chairman and Chief Technology Officer, Hypercom Corporation. “Pinnacle by Hypercom underscores Hypercom’s consistent commitment to deliver innovative, integrated solutions with improved functionality and clear benefits for our existing and potential customers”.
Incorporating the Secure Electronic Transaction (SET) protocol, Pinnacle iCom allows merchants to use the Internet for transaction modes such as loyalty, chip card and stored-value applications that are now only available through traditional POS devices.
At Cards Asia ’98, industry leader Hypercom is also introducing Pinnacle Software’s complete family of front-end client/server software solutions for payment processing and data transactions.
“Pinnacle by Hypercom provides an adaptation layer for host legacy systems that allows financial transaction companies to quickly and easily support new functions and payment modes without replacing their existing transaction infrastructure investments,” said Theodore (Ted) F. Cole, Senior Vice President, Hypercom Pinnacle Software Products Group. “Pinnacle exemplifies Hypercom’s continuing heritage of providing industry leadership with innovative solutions, and we are very pleased to make this available to the Asia Pacific market.”
Quickly setting new industry standards and the migration path for discriminating customers, Hypercom’s Pinnacle Software family of client/server payment processing and data transaction solutions includes:
Advanced Transaction Processor (ATP): a high-performance server transaction authorization software that arms acquirers and merchants with feature-rich transaction processing power. Tailored to each acquirer’s specific needs, Pinnacle ATP combines standard electronic authorization methods with modular and specialized features to maximize options and streamline the entire transaction processing function. Some of Pinnacle ATP’s many features: increased efficiency via open system architecture; powerful, feature-rich functionality; authorizations expedited based on pre-set floor limits, transaction limits, and positive & negative cardholder files; optimal merchant velocity processing; and, reduced communications costs via pre-set or on-demand batch reporting. Pinnacle ATP operates on UNIX(TM)or Windows NT(R).
Loyalty Management System (LMS): this advanced server on-line loyalty system provides customers with the ultimate in instantaneous point redemption at any networked, participating merchant. Pinnacle LMS is the first chip card loyalty product developed in concert with Visa International, and supports debit, credit and stored-value transactions. Pinnacle LMS utilizes chip card technology to store loyalty point balances and provides consumers with instant redemption or query at the point-of-sale. Platform and database independent, Pinnacle LMS’s advantages for processors include: flexible multi-merchant loyalty functionality; centralized control of rules & bonus points; increased transaction volume and additional services to sustain and increase merchant base. Advantages for merchants include: instant point redemption at the point-of-sale; bonus points can be used for discounts on merchandise or services; increased patronage, customer services and market information; IC technology for high security and online/offline operation. Pinnacle LMS operates on UNIX(TM) or Windows NT Server(R) 4.0.
ChipStripe(TM) System: validates the authenticity of the ChipStripe card used in the transaction and verifies the PIN data. As an additional security measure, ChipStripe can also insert private information into the message stream after the ChipStripe card and PIN have been authenticated. Pinnacle LMS operates on UNIX(TM) or Windows NT Server(R) 4.0.
SigCap System: accepts signature and receipt data from point-of-sale terminals connected to signature capture devices, and stores that data for easy retrieval and replication of the signed receipt. SigCap delivers multi-platform and multi-database compatibility.
Network Terminal System (NTS): applies the client/server model to the point-of-sale world. Pinnacle’s Network Terminal software drives thin-client terminals that reside on the merchant counter. This solution means that there is no limit to the application features that can be provided to the merchant, and eliminates the need for costly and time-consuming downloads of software updates to the merchant point-of-sale device. Pinnacle’s NTS also provides the opportunity to incorporate enhanced merchant behavior statistics; and serves as a base for adding signature capture, loyalty, and other features. NTS provides multi-platform and multi-database compatibility.
“Hypercom’s Pinnacle client/server software solutions pave the way for processors and merchants to quickly, easily and economically adapt to the ever changing needs of their customers, and we are delighted to introduce these advanced solutions at Cards Asia ’98”, Mr. Wallner declared.
For a complete demonstration and more information about Hypercom’s innovative, high performance and reliable solutions, visit Hypercom’s booth D17 at Cards Asia ’98.
Celebrating it’s 20th anniversary, Hypercom Corporation (NYSE:HYC) is the world’s leading independent supplier of point-of-sale technology. The company also supplies Internet-based payment processing solutions. Hypercom provides innovative solutions for delivering and processing secure electronic payments and the infrastructure to quickly and cost-effectively integrate and deploy new payment applications. Hypercom’s end-to-end product family of terminals, peripherals, POS network products and software enables merchants and service providers to automate credit, debit and other electronic payment transactions with seamless integration, scalability and interoperability.
Headquartered in Phoenix, Arizona, USA, Hypercom markets its products in more than 50 countries through a global network of offices and affiliates in Argentina, Australia, Brazil, Chile, China, Hong Kong, Hungary, Japan, Mexico, Russia, Singapore, the United Kingdom and Venezuela. Hypercom’s Internet address is [www.hypercom.com.]