According to the Hypercom, the new M5000 is a sleek in-hand mobile payment system with 3.5" color icon-capable touch screen display with up-to-date mobility, communications and connectivity options. It has integrated contactless reader that lets merchants accept any type of card payment anywhere, anytime.
Hypercom said that initially supporting GPRS and Bluetooth connectivity, the first M5000 configurations are ideally suited to the needs of hotels, cafes and restaurants, as well as mobile merchants.
The new M5000 mobile payment system is powered by a 266MHz standard, 400MHz optional processor, and includes up to 500MB of memory.
The new payment system also includes a software development toolkit that will maximize development efficiency and applications portability across the entire Hypercom next generation portfolio.
The product is designed to meet current and future PCI PTS, EMV, ZKA, APACS, JTMS and other global and country-specific security requirements, and features the payment industry’s array of high security data encryption technologies, said Hypercom.
Hypercom’s full X509 Public Key Infrastructure HyperSafe security layer is directly embedded in these terminals to protect them and their applications from hacking and malware attacks. All systems also incorporate Hypercom’s HyperSafe Remote Key System for quick and secure payment terminal key injection at the merchant’s location.
The M5000 pilots is scheduled to begin in the spring and summer of 2011.
