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Industry: Email Alert RSS FeedHypercom introduces quick-service payment options for the retail and restaurant countertop and drive-thru - Applications - Brief Article
Mobile Internet, The, May, 2002
Hypercom has introduced a new quick-service payment application for merchants who want to speed transactions, increase customer satisfaction and generate repeat business. HyperPASS, is a contactless system that allows consumers to quickly pay for purchases by simply waving a miniature key fob in front of Hypercom's new ICE 5500Plus and ICE 5700Plus card payment terminals.
HyperPASS is compatible with ExxonMobil's Speedpass and leverages that and other technologies which are used in the petroleum industry and which have met with widespread success among consumers. Using radio frequency identification (RFID) technology, Hypercom's card payment terminals read a unique number and security code from the key fob, then instantly transmit the information to a host processor.
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The processor verifies the customer's identity and payment preference, and automatically charges the purchase to the customer's pre-designated credit card or, if desired, the customer's checking account. To register customers and begin using HyperPASS, retailers need only swipe the consumer's designated credit card on the Hypercom ICE terminal. The clerk then activates the key fob on the terminal and hands the key fob to the customer. After that, customers can use HyperPASS anytime they want to make purchases at the restaurant or store--without always having to reach for their credit or debit cards. The system incorporates high security, read/write contactless smart card technology. Activation, registration and purchases with HyperPASS are simple and fast.
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