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Mercury Payment Systems, a Durango, Colo.-based independent sales organization, says the point-of-sale terminal-update service from Hypercom Corp. is helping to reduce the time needed to update payment-terminal security. The service, which sends encryption information to a terminal via its Internet or dial-up connection, takes about 24 hours to complete compared with the days it otherwise would take to ship and set up new hardware at a merchant location, a Mercury Payment spokesperson tells CardLine sister publication ISO&Agent Weekly. Mercury Payment sells its card-processing services via POS software developers and resellers. Electronic Payment Systems LLC, an Englewood, Colo.-based merchant-services company, also is using the HyperSafe Remote Key System service, which works with Hypercom's Optimum T4210 and T4220 devices, Hypercom says. VeriFone Holdings Inc., a San Jose, Calif.-based terminal maker, says it is working on a similar service that should be available this summer for its Vx product line. France-based Ingenico S.A. plans to launch a similar remote-management service in North America this year (CardLine, 1/26).
