India's ICICI Bank has contracted with US-based Hypercom for the supply of 5000 T7Plus EMV-certified card payment terminals which it will roll out to its merchant clients across the country over the next two months.
Hypercom says its T7Plus units accept all magnetic stripe and EMV cards, deliver fast authorisation of online transactions, and includes 19- or 35-key keyboards with "one-touch" shortcut keys that provide quick access to all daily function and transaction types.
The vendor's local distributor, Webcom India Private, secured the order. Vikas Khuran, director of Webcom India Private, says: "Hypercom's advanced hardware design and highly regarded payment technology will help eliminate bottlenecks and downtime for the bank's merchant partners."