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Hypercom Introduces Next Generation Mobile Payment Product

Hypercom Corporation introduces the M5000 mobile payment terminal, a next-generation multipurpose mobile payment system.
Building on innovations incorporated in its L5000 multilane product family, Hypercom’s new M5000 is a sleek in-hand mobile payment system with a vibrant 3.5” color icon-capable touch screen display that enables new ways to interact with the cardholder. The most up-to-date mobility, communications and connectivity options available and an integrated contactless reader let merchants accept any type of card payment anywhere, anytime. Initially supporting GPRS and Bluetooth connectivity, the first M5000 configurations are ideally suited to the needs of hotels, cafÉs and restaurants, as well as mobile merchants.
Hypercom’s new M5000 mobile payment system is powered by a 266 MHz standard, 400 MHz optional processor, and includes up to 500MB of memory.  The processor combined with a touch screen can drive any payment or non-payment application imaginable with a stunning user interface, such as icon-based integration with inventory management or menu ordering systems. Additionally, the M5000 includes a software development toolkit that will maximize development efficiency and applications portability across the entire Hypercom next generation portfolio.
The new M5000 delivers the same levels of security as the company’s revolutionary L5000 multilane payment system. It is designed to meet current and future PCI PTS, EMV, ZKA, APACS, JTMS and other global and country-specific security requirements, and features a wide array of high security data encryption technologies.
The M5000 pilots begin in the spring and summer of 2011. 
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