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Hypercom Introduces iCom Transaction System

Hypercom Corp. announced it launched the Pinnacle Internet Commerce (iCom) Transaction System into the Asia Pacific market.

Pinnacle iCom is a family of client/server payment and data transaction software. Hypercom is a provider of 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 online business consists of:

  • Pinnacle iCom Wallet, an electronic wallet for online purchasing. The wallet can carry the logo of banks, financial processors, or merchants.
  • Pinnacle iCom POS, a point-of-sale system that connects merchants to their customers and financial processors.
  • Pinnacle iCom Gateway, a gateway application that connects the merchant to the payment processing system for payment authorization.
  • Pinnacle iCom CA, a digital certificate application that helps SET service providers 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 at Phoenix, AZ-based Hypercom.

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.