Hypercom Corp., the point of sale terminal supplier, said that its Ascendent systems were chosen by Data Card Systems Ltd. for electronic payment offerings in Australia.

Data Card Systems, which is based in Perth, said it will use three Ascendent packages -- Advanced Transaction Processor, Loyalty Management System, and RealPay for electronic commerce -- to establish itself as a ISO-type, or independent service organization, transaction processing provider.

"Data Card's goal is to facilitate the on-line processing of existing or new private-label cards, enable merchants to operate new and cost-effective loyalty programs, and offer Internet e-commerce capabilities," said Russ Parham, executive director of Data Card Systems. "The Australian market is ready for the ISO model, and Hypercom's Ascendent system firmly places us at the forefront of this new paradigm."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.