ypercom Corp. announced plans to close its subsidiary The Horizon Group's St. Louis facility and transition services to Hypercom headquarters in Phoenix.

Hypercom said the new focus of services currently offered through The Horizon Group will be solely on Hypercom products. It will transfer additional Horizon customers and services to another provider. Hypercom officials would not specifically name that company or those services.

The Horizon Group offered banks, payment processors and independent sales organizations services and products such as deployment and repair of point-of-sale devices manufactured by Hypercom, Lipman, MagTek, Thales and VeriFone as well as new and refurbished equipment. It also offered loyalty and gift card programs, electronic receipt capture, sales training and a 24/7 help desk.

Hypercom said it is closing the St. Louis operation in order to concentrate resources within its core business and to improve profitability.