In the May issue of GSQ, we told you about Hypercomís newest terminal, the ICE 5000.
The ICE 5000 has a touch screen, high-speed printer, paper cutter, and FastPOS 9600 bps modem. The terminal processes credit and debit as well as smart card and loyalty management programs. When used in conjunction with the Hypercom Ascendant Server Environment, the ICE 500 also supports online advertising and electronic signature and receipt capture, storage, and retrieval.
We apparently are not the only ones impressed by this new design and direction for Hypercom. Hypercomís ICE 5000 terminal was nominated as of one the yearís "Most Innovative Products" at the Smart Card ë99 convention. The Most Innovative Products award recognizes products developed in the past 12 months that have helped advance the smart card industry.
Since our May GSQ, Concord EFS has purchased more than 30,000 of the terminals, along with Hypercomís Ascendent SigCap software system. The new system will allow Concord to provide an electronic signature capture and retrieval solution and includes POS devices, networking equipment, and centralized transaction processing.
"Bringing signature capture to the small- to medium-sized retailers is a giant leap in the transaction processing industry," said Edward A. Labry, Concord EFS president.
Concord EFS provides electronic transaction authorization, processing, settlement, and funds transfer. More information on Concord can be found at http://www.ceft.com/AltIndex.html. More information about Hypercom can be found at http://www.hypercom.com.
