PHOENIX - Hypercom Latino America announced today that Transbank S.A., the largest transaction processor in Chile, has chosen Hypercom T7P terminals and S7 PINpads to be installed over the next year for various customers.

The move expands the Hypercom terminal base in Chile to 4,000, and follows closely upon the company's January implementation of a transaction management network that included all major cities there.

One of the implementations of the Transbank decision will be the installment of 400 Hypercom terminals in Shell service stations across Chile in 1996. Hypercom devices will be used both in the minimarket and at the gas pump.

Hypercom Latino America Inc., a subsidiary of Hypercom Inc., is the leading supplier of point of sale equipment for all of Latin America.

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